PROSTARMNSEProstarm Info Systems LimitedMediumPositive
Announced Thu, 12 Feb · 17:16 IST

Prostarm Info Systems Limited has informed the Exchange about Company has been declared as L-1 bidder by West Bengal Medical Services Corporation (WBMSC), Kolkata

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Prostarm Info Systems has been declared the lowest (L-1) bidder by West Bengal Medical Services Corporation (WBMSC), Kolkata for a government order valued at INR 4.29 Crores. The order involves supplying, installing, testing, and commissioning 10 KVA three-phase online UPS systems with batteries at 137 Block Primary Health Units across West Bengal. Execution must be completed within 180 days, with a 3-year warranty on UPS and batteries. The project is funded under the XV Finance Commission for FY 2022-23 and 2023-24. No promoter or related party interest is involved, and the order was awarded in the normal course of business.

Likely market impact

This is a modest new order from a state government medical entity, adding INR 4.29 Crores to the order book. Positive for sentiment as it confirms the company's ability to win government tenders in the healthcare infrastructure space, though the size is relatively small.