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, in consortium with Dreamstep Software Innovations Private Limited, has received a work order from Andhra Pradesh Urban Infrastructure Asset Management Limited valued at approximately ₹33.69 crore (Thirty-Three Crore Sixty-Eight Lakh Ninety Thousand). The scope covers end-to-end activities including design, development, deployment, training, operation, and maintenance of a QR-based digital ecosystem across Urban Local Bodies (ULBs) in Andhra Pradesh. The order is domestic, with no related party interest from promoters or group companies. No specific execution timeline has been disclosed in the filing.
This is a sizeable new order for ACS Technologies from a government-backed entity, potentially providing meaningful revenue visibility. For a small-cap company, a ~₹33.69 crore order could be a significant boost to its order book, though the lack of a disclosed execution timeline and the consortium structure (where revenue share is unclear) limits immediate visibility on financial impact.