Prostarm Info Systems Limited has informed the Exchange about receiving of Letter of Acceptance from South Eastern Railway
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Prostarm Info Systems has received a Letter of Acceptance from South Eastern Railway for the supply, installation, and erection of a Solar Power Plant at SRC Jurisdiction (Phase 2). The contract is valued at INR 13.43 Crores and is to be executed over 12 months, with an additional 5-year Comprehensive Maintenance Contract (CMC). The order is domestic, has been received in the normal course of business, and involves no related party interest. This follows an earlier announcement made on February 6, 2026, indicating this is a continuation/update of a previously disclosed engagement.
This is a positive development for shareholders as it adds a tangible, government-backed order to the company's order book, supporting revenue visibility over the next year. The solar/railways PSU exposure may improve the company's credibility for similar future tenders, though the order size is modest.