Karnataka Fire Services cancels Prostarm's L1 status for UPS supply

Major Contract CancelledGovt Defence OrderBusiness Updates View source PDF Explain this filing

PROSTARM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.8%Reaction day

₹124.00

prior close

₹122.76

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.7%-1.1% vs market

Other Electrical Equipment peers, median of 48sector-0.4%-1.4% vs sector

On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 1.4 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.0

10m

-1.0

15m

-0.6

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.8-0.7-1.1-0.4-1.4

Next day

+0.7-0.3+0.9-0.7+1.3

-0.1+1.1-1.1-0.4+0.3

-1.9-0.2-1.7-1.7-0.3

-0.2+0.2-0.4-1.5+1.4

-1.1-0.3-0.8-3.1+2.0

+8.8+2.1+6.7+0.3+8.5

15d

+9.9+4.6+5.3-0.3+10.3

+12.1+5.6+6.5-3.4+15.5

+11.0+7.2+3.8-2.6+13.6

-4.8-4.7-0.1-16.1+11.3

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 48Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Prostarm Info Systems informs that its L1 bidder status with Karnataka State Fire and Emergency Services has been cancelled. The order was for supply, installation, testing and commissioning of 3 KVA UPS with battery. The company was declared L1 on June 24, 2026, but no order or contract was executed before the cancellation.

Likely market impact

Negative for shareholders. Loss of a potential government order, though no contract was formally executed so direct financial impact is limited.