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

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.