Declared L-1 bidder for INR 4.03 Cr UPS order from Karnataka Fire Services
PROSTARM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 1.7 pts less than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Prostarm Info Systems has been declared the L-1 (lowest) bidder by Karnataka State Fire and Emergency Services for a domestic order worth INR 4.03 Crores. The contract covers supply, installation, testing and commissioning of 3 KVA UPS systems with batteries, to be completed within 60 days. The filing is a correction to an earlier intimation, fixing the date from June 3 to June 23, 2026. No promoter or related party interest exists in the awarding entity.
Modest positive - new government order adds to order book, though size is relatively small and execution must be completed in 60 days.