VEDAVAAG Systems Secures Order Worth 5 Crores from ITI Limited

VEDAVAAG Systems Ltd has secured an order valuing around Rs. 5 Crores (approx.) from ITI Limited. The order is for the Supply and Installation of CCTV Surveillance Systems at a premium Government Organization. The payment will be released in a back-to-back basis, with 80% within 30 days of the contract awarded and the final payment after submission of the Acceptance Certificate from the Client. The entire project payment will be through the ESCROW account. The order is to be executed within 6 months.