Ceinsys Tech Secures ₹3.24 Crore Service Order from ISRO for 3-Year Subscription
Ceinsys Tech Limited secured a service order worth ₹3.24 crore from ISRO for a 3-year subscription renewal. The order is for Product Design & Manufacturing Collection Commercial Multi-user services.
The order value of ₹3.24 crore is significant for the company and contributes to its revenue stream.
The company has secured a new order from a reputable organization like ISRO, which is a positive development.
Ceinsys Tech Limited has received a service order from the Indian Space Research Organization (ISRO) for Product Design & Manufacturing Collection Commercial Multi-user 3 Year Subscription Renewal.
The total value of this service order amounts to ₹3,24,50,000 (Rupees Three Crore Twenty-Four Lakh Fifty Thousand Only), inclusive of GST.
The contract is for a duration of 3 years and is considered a domestic order. The company has confirmed that there is no interest from promoters, promoter group, or group companies in ISRO, and the order does not fall under related party transactions.
What to do with a filing like this
Ceinsys Tech Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Ceinsys Tech Limited. Read the original for the full detail.