Prostarm Info Systems Limited has informed the Exchange about Purchase Order (PO) from Electronic Payment & Services Private Limited for Supply and Installation of UPS with Lithium Ion batteries and Isolation Transformers
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Prostarm Info Systems has received a work order from Electronic Payment & Services Private Limited for the supply and installation of UPS systems with Lithium Ion batteries and Isolation Transformers. The order is valued at Rs. 3.70 Crores (Rs. 3,69,75,000) excluding GST. It is a domestic order with an execution timeline of approximately 4 months and carries a 7-year warranty on the UPS, batteries, and isolation transformers. The company clarified that the order is not a related party transaction, and promoters have no interest in the awarding entity.
This is a modest, positive business update confirming a new order from a payments-services company, adding to Prostarm's order book. For a small-cap company, Rs. 3.70 Crore is a meaningful but not transformative win, and the 4-month execution window means revenue recognition will be quick. The lack of related-party concerns is a positive governance signal.