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▲ 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 worth Rs. 13,40,010 (approximately Rs. 13.4 lakh) from Nokia Solutions and Networks India Pvt Ltd. The contract is for providing Frontend, Backend and Supervisor teams to maintain indoor smallcell, and indoor & outdoor WiFi Enterprise UBR equipment. The work is part of a vendor agreement (no. 00194497.0) for RJIO's 5G project Phase 1, with a validity period ending 31 December 2026. The contract duration is 8 months. The company confirmed there is no related party involvement and no promoter interest in Nokia.
The contract value is modest at ~Rs. 13.4 lakh and likely has minimal immediate impact on stock price, but the association with Nokia on RJIO's 5G rollout signals a potential ongoing business relationship in the telecom infrastructure space.