Corporate News 08-Dec-23
Tejas Networks' subsidiary receives purchase order for Rs 96.42 cr
Tejas Networks announced that its subsidiary, Saankhya Labs has received a provisional purchase order for Rs 96.42 crore from NewSpace India (a CPSE under Dept. of Space, Govt. of India) for supply, installation and commissioning of MSS Terminals (Xponders) for vessel communication and support system in marine fishing vessels for monitoring, control and surveillance (MCS). This provisional purchase order would be deemed as final / confirmed purchase order only after the delivery and acceptance of proto terminals (Xponders) and bulk production clearance.
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