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Industrial Products
Deals31 Aug 2024, 12:14 am

Centum Electronics Receives Order from DRDO for Intersatellite Link & Other Payload Subsystems Worth Rs. 109.58 Crores

AI Summary

Centum Electronics Ltd. has announced the receipt of an order from Defense Research and Development Organisation (DRDO) for Intersatellite Link & other Payload Subsystems. The order, valued at Rs. 109.58 Crores (excluding taxes), is to be executed within a period of 16 months. The company assures that neither the promoter/promoter group nor the group companies have any interest in DRDO, and the order does not fall under related party transactions.

Key Highlights

  • Centum Electronics receives order from DRDO worth Rs. 109.58 Crores
  • Order for Intersatellite Link & other Payload Subsystems
  • Order to be executed within 16 months
  • No related party transactions involved
  • No interest of promoter/promoter group or group companies in DRDO
CENTUM
Industrial Products
CENTUM ELECTRONICS LTD.

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