Award_of_Order_Receipt_of_Order
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 secured a work order worth ₹1.66 crore (one crore sixty-six lakh twenty-seven thousand six hundred) from Airports Authority of India (AAI), Madurai. The contract is for an Annual Integrated Comprehensive Maintenance Contract (AICMC) covering CCTV Surveillance and airport system installation at the Madurai airport. The order has a tenure of 24 months, running from December 2, 2025 to December 1, 2027. It is a domestic order with no promoter or related party interest involved in the awarding entity.
The order adds revenue visibility for the company over the next two years from a reputed government PSU client, which is a positive signal for the order book. However, the contract value of ₹1.66 crore is relatively modest, so the immediate impact on the stock is likely limited unless it leads to follow-on orders.