In a significant boost to its order book, Data Patterns (India) Limited has secured a new contract from the Indian Meteorological Department, according to a BSE regulatory filing.
The company will supply 32 units of Doppler Weather Radars, with the order valued at Rs 288 crore.
The scope of work includes the supply of 32 units of Doppler Weather Radars, with the order valued at Rs 288 crore.
This contract is a significant addition to the company’s order book, demonstrating its capabilities in the field of weather radar systems.
The completion deadline for the order is as per the contract, with the company expected to execute the order within the stipulated timeframe.
The company has not disclosed the exact date of completion, but it is expected to be completed as per the terms of the contract.
The transaction is not a related party transaction, and the promoter group has no interest in the entity that awarded the order.
The company has complied with SEBI’s Listing Obligations and Disclosure Requirements Regulations, 2015, by disclosing the details of the order in a timely manner.
The order is a significant development for Data Patterns (India) Limited, which operates in the defense and aerospace sector.
This contract demonstrates the company’s expertise in supplying critical weather radar systems to government agencies, and it is a positive addition to the company’s order book.
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