Announcement under Regulation 30 (LODR).
ACSTECH · price
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Awaiting price reaction for this filing.
ACS Technologies Ltd has received a work order from Afcons Infrastructure Limited, a domestic infrastructure company. The order involves the supply, installation, testing, and commissioning of security equipment and surveillance systems, including security gadgets, cameras, baggage scanners, and turnstiles. The total value of the order is ₹64,99,440 (approximately ₹65 lakhs). The order is domestic in nature, with no related party involvement, and the execution timeline is as per the client's requirements. The company has framed this as a significant milestone in its engagement with Afcons.
This is a modest-sized order (₹65 lakhs) for ACS Technologies and represents a new business win in the security solutions segment. Whether it materially moves the stock depends on the company's overall revenue base, but on its own this is a small incremental contract win rather than a transformative deal.