Ceinsys Tech Limited has informed the Exchange about Bagging/Receiving of orders/contracts - Intimation for receipt of Service order from Indian Space Research Organization (ISRO).
CEINSYS · price
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Ceinsys Tech Limited has been awarded a service order from the Indian Space Research Organization (ISRO) valued at Rs. 3.24 crore (including GST). The order is for a 3-year commercial subscription renewal related to Product Design and Manufacturing Collection software/tools. ISRO is a domestic government entity, and the order is not a related-party transaction. The contract duration spans three years, providing some revenue visibility for that period.
Modest positive — the order reinforces Ceinsys Tech's ongoing relationship with ISRO, but the value (around Rs. 3.24 crore) is relatively small for the company and is a renewal rather than a fresh large win, so material stock impact is unlikely.