Deals12 Nov 2026, 01:50 pm
Praruh Technologies Bags ₹7.8 Cr DMRC Contract
AI Summary
Praruh Technologies Ltd has received a Letter of Acceptance (LOA) from Delhi Metro Rail Corporation Ltd (DMRC) for the upgradation of Telecom Network Infrastructure at Line 1, 2, and 3 Phase-1 stations. The contract is valued at ₹7,80,78,092.24 and is to be executed within 06 months from the commencement date. The scope includes the upgradation of the PRC system at OCC MB and BCC SHPK. The company confirmed that its promoters have no interest in DMRC and the transaction does not fall under related party transactions.
Key Highlights
- Received LOA from DMRC for telecom network upgradation.
- Contract value is ₹7,80,78,092.24.
- Execution timeline is within 06 months.
- No promoter interest in DMRC.
- Transaction is not a related party transaction.
Price Impact
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