STL Networks Limited has informed the Exchange regarding a press release dated September 15, 2025, titled "Invenia-STL Networks Ltd. Secures INR 359 Crore Data Center Infrastructure Contract from PowerGrid Teleservices Limited ".
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STL Networks Limited, through its associate Invenia-STL Networks Ltd., has secured a data center infrastructure contract worth INR 359 crore from PowerGrid Teleservices Limited, a subsidiary of PowerGrid. The press release dated September 15, 2025 highlights a significant order win in the data center infrastructure segment. PowerGrid Teleservices Limited is a well-established entity in the power and telecom infrastructure space, adding credibility to the order. This is a sizable contract that strengthens STL Networks' order book in the growing data center infrastructure business.
Positive for the stock in the short term as the INR 359 crore contract is a meaningful addition to the order book and signals business momentum in the data center infrastructure segment. Investors should watch for execution timelines and margin disclosures in upcoming quarters.