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Tejas Networks’ arm bags provisional purchase order worth Rs 96.42 crore from NSIL

08 Dec 2023 Evaluate

Tejas Networks’ subsidiary -- Saankhya Labs has received a Provisional Purchase order worth Rs 96.42 crore (excluding GST) from NSIL (NewSpace India, a wholly owned Government of India undertaking/Central Public Sector Enterprise (CPSE), under the administrative control of Department of Space). The order is for Supply, Installation and Commissioning of Two-Way MSS Terminals (Xponders) for Vessel communication and Support System in Marine Fishing Vessels for Monitoring, Control and Surveillance (MCS) along the coastal states of India.

As part of this contract, Saankhya Labs in co-ordination with NSIL, ISRO and the Department of Fisheries shall deploy its indigenously designed and developed satellite terminals (Xponders) on motorized and mechanized fishing vessels. Once commissioned, the network shall provide vessel communication and support system enhancing the safety and security for fishermen and would mitigate sea-borne threat concerns from national security perspective. The Xponders also enable navigational assistance, automatic boundary crossing alarm and emergency weather alerts to fishermen.

Tejas Networks designs, develops and sells high-performance and cost-competitive networking products to telecommunications service providers, internet service providers, utilities, defence and government entities.


Tejas Networks Share Price

424.80 -6.95 (-1.61%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tejas Networks 424.80
ITI 297.35
Sedemac Mechatronics 1654.95
Black Box 540.30
Quadrant Televenture 0.38
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