Tejas Networks Limited has informed the Exchange about Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
TEJASNET · price
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Tejas Networks will supply Radio Access Network (RAN) and other telecom equipment worth approximately ₹1,525.53 Crores (excluding taxes) to Tata Consultancy Services (TCS) for BSNL's 4G mobile network deployment across 18,685 sites. This is an add-on Advance Purchase Order under the existing Master Contract between TCS and Tejas for the BSNL 4G Project (originally dated August 16, 2023). Detailed purchase orders from TCS to Tejas will be issued in due course, subject to certain conditions and documentations. The order significantly bolsters Tejas's order book and is one of the largest single contract values disclosed by the company.
This is a substantial, multi-hundred-crore order from a major government-backed telecom project, providing strong revenue visibility for Tejas Networks over the deployment period. Positive for the stock, though shareholders should watch for execution timelines and any conditions that could affect order conversion.