BSEVEDAVAAG Systems LtdHighPositive
Announced Sat, 3 May · 18:42 IST

Intimation of Securing order valuing Rs. 54,79,34,940/-

Business Updates View source PDF

Price

Loading chart…

▲ 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

Vedavaag Systems Ltd has secured an order valued at Rs. 54,79,34,940/- (approximately Rs. 54.79 crores, including taxes) from Landsky Engineers Private Limited. The order is for the supply of 20W Solar Street Light fittings with standard accessories, to be delivered in Bihar State within 180 days. The awarding entity is a domestic private company, and the transaction is not a related-party deal — no promoter or group company has any interest in Landsky Engineers. Vedavaag, an IT/services and solar solutions company based in Hyderabad, will execute this order as a pure domestic supply contract.

Likely market impact

This is a sizable single-order win for a small-cap company like Vedavaag and could meaningfully boost near-term revenues if executed on time. Shareholders should watch for execution timelines and any updates on follow-on orders from the same client, as delivery must be completed within just 180 days.