Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Steelman Telecom Ltd has received a work order/contract worth Rs. 2,74,74,000 (approximately Rs. 2.75 crore) from Bharti Airtel Services Limited. The contract is for providing Frontend, Backend, and Supervisor teams for Radio Site maintenance services, including Riggers with Safety and Tool kits. The service is classified as a professional service with a duration of 1 year. The company has confirmed that this is not a related party transaction and that no promoter/promoter group has any interest in Bharti Airtel Services. This is a domestic contract for telecom infrastructure maintenance services.
This contract represents a meaningful revenue opportunity for Steelman Telecom, providing income visibility for one year. Winning a contract from Bharti Airtel, a major telecom operator, signals the company's capability in telecom infrastructure services and could positively influence investor sentiment.