StockWatch
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Aerospace & Defense
Deals6 Aug 2026, 05:13 pm

Digilogic Systems Secures ₹4.88 Cr Order from Ministry of Defence

AI Summary

Digilogic Systems Ltd has announced receiving a significant purchase order from the Ministry of Defence, Government of India, valued at ₹4.88 Crores (inclusive of all taxes). The order is for the Supply, Installation, and Commissioning of a Baseband Performance Monitoring and Verification System for an Integrated Onboard Article. The delivery is expected to be completed by April 2027. This contract, awarded by a domestic entity, does not involve any interest from the promoter or promoter group in the awarding entity and is not considered a related party transaction. The company, an AS9100D Certified entity, views this as a key development in its business operations.

Key Highlights

  • Received ₹4.88 Cr order from Ministry of Defence, India.
  • Order includes supply, installation, and commissioning of specialized system.
  • Project execution deadline set for April 2027.
  • Contract awarded by a domestic government entity.
  • No promoter interest in the awarding entity.