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Deals14 Nov 2026, 04:12 pm

Takyon Networks Secures ₹11.59 Cr Contract from North Eastern Railway

AI Summary

Takyon Networks Limited has received a Letter of Acceptance (LOA) from North Eastern Railway for the upgradation of Datacom equipment and network connectivity. The project, valued at ₹11,58,84,757.03 (approximately ₹11.59 Crores), involves modernizing PRS/UTS systems across various locations in Izzatnagar, Lucknow, and Varanasi Divisions, including HQ Gorakhpur. The contract is to be executed within six months from the LOA date of November 13, 2026. This significant order is expected to bolster Takyon Networks' revenue and market presence in the railway sector.

Key Highlights

  • Received LOA from North Eastern Railway for network upgradation.
  • Contract value stands at ₹11,58,84,757.03 (approx. ₹11.59 Cr).
  • Project involves modernization of Datacom equipment and network connectivity.
  • Execution timeline is six months from the LOA date.
  • No promoter or group company interest in the contract.