StockWatch
·
Aerospace & Defense
Business Update10 Sept 2026, 06:40 pm

Digilogic Systems Secures ₹2.30 Cr Defence PSU Order

AI Summary

Digilogic Systems Ltd has announced receiving a significant purchase order valued at ₹2.30 Crores (inclusive of all taxes) from a Defence Public Sector Undertaking (PSU). The order is for the supply, installation, and commissioning of Automatic Test Equipment (ATE) for ESS testing of Homodyne and QSRx. The execution of this order is slated for completion by December 2026. The company confirmed that there is no interest from promoters or promoter group in the entity awarding the contract, and it does not fall under related party transactions.

Key Highlights

  • Received ₹2.30 Cr order from a Defence PSU.
  • Order includes supply, installation, and commissioning of ATE.
  • Execution deadline set for December 2026.
  • No promoter interest in the awarding entity.
  • Transaction is not a related party transaction.