Precision Electronics has won a confidential order from a private Indian Aerospace & Defense entity worth Rs. 1.95 crore. The contract involves supplying masts with accessories and will be executed within the current financial year, underscoring the company’s growing footprint in the domestic defense sector.
Precision Electronics Ltd has announced the receipt of a significant order from a private entity operating in the Aerospace & Defense segment. While the client’s identity remains undisclosed due to confidentiality and commercial sensitivity, the order marks an important milestone in the company’s strategic engagement with the defense industry.
The contract entails the delivery of masts equipped with accessories tailored to the client’s specifications, reflecting Precision Electronics’ capability to meet specialized defense requirements. Notably, this contract has been awarded by a domestic entity, reinforcing the company’s expanding presence in India’s defense manufacturing ecosystem.
The entire order, with an estimated value of Rs. 1.95 crore, is slated for completion within the ongoing financial year. This timely execution aligns with the company’s focus on operational efficiency and fulfilling key defense sector demands.
Important Points
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Order secured from a private Aerospace & Defense entity (client identity confidential)
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Contract involves supply of customized masts with accessories
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Awarded by a domestic Indian entity
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Order value approximately Rs. 1.95 crore
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Execution timeline set within the current financial year
This development highlights Precision Electronics Ltd’s ongoing commitment to servicing high-technology sectors like Aerospace & Defense, underpinned by compliance with SEBI Listing Regulations and transparency requirements. The company continues to strengthen its role as a key supplier in strategic industrial domains.
Source: NSE Disclosure, Precision Electronics Ltd official release.