Announcement under Regulation 30 (LODR)
ACSTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
ACS Technologies Ltd has received a work order worth ₹4.87 crore (Four Crore Eighty Seven Lakh Thirty Four Thousand) from the Indian Navy. The order involves Supply & Installation of Security Gadgets and related work. The order has been awarded by a domestic government entity, with no related party involvement and no promoter interest in the awarding entity. The execution timeline is as per the client's requirement.
Positive development as it adds a prestigious government defence order to the company's order book, enhancing credibility and providing revenue visibility. The order size is moderate, so impact on stock price may be limited unless it signals a larger pipeline of defence work.