Disclosure under Regulation 30 for Purchase Order
Price
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Awaiting price reaction for this filing.
Praruh Technologies has received a purchase order worth ₹428.22 lakhs (approximately ₹4.28 crore) from Delhi Metro Rail Corporation Ltd (DMRC). The order involves upgradation of telecom network infrastructure at Line 1, 2 and 3 Phase-1 stations of DMRC. It is a domestic supply contract to be executed within 11 months from the date of issuance of the Letter of Award. The transaction is not a related party transaction and promoters have no interest in the awarding entity.
This is a new government-backed order that adds ₹4.28 crore to the company's order book, providing revenue visibility over the next 11 months. The order from a reputed government entity like DMRC lends credibility, though its size suggests it is incremental rather than transformational for the company.