Deals12 Jul 2024, 05:01 pm
Data Patterns (India) Ltd Signs Contract with DRDO for Rs. 10 Crore, Yet to Receive Counter-Signed Contract
AI Summary
Data Patterns (India) Ltd has signed a contract with DRDO with a value of Rs. 10 Crore. However, they are yet to receive the counter-signed contract from DRDO. The contract value will be funded by DRDO as grant-in-aid under Technology Development Fund Scheme, with the remaining amount to be borne by the company. The management does not consider this information material as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure of such information is restricted under the Contract/NDA with the Government customer.
Key Highlights
- Data Patterns (India) Ltd has signed a contract with DRDO worth Rs. 10 Crore
- The contract value will be funded by DRDO as grant-in-aid under Technology Development Fund Scheme
- The company is yet to receive the counter-signed contract from DRDO
- The management does not consider this information material as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- The disclosure of such information is restricted under the Contract/NDA with the Government customer