Data Patterns (India) Limited announced the bagging of a major contract valued at Rs. 279 Crore. The contract involves the supply of 34 units of Doppler Weather Radars to the Indian Metrological Department (IMD). This order is a domestic procurement, and its finalization follows earlier negotiations. The successful execution of this contract is expected to fall within the timeline stipulated in the formal contract agreement.
Major Contract Awarded for Weather Systems
Data Patterns (India) Limited is pleased to announce that it has secured a significant new order valued at Rs. 279 Crore. This contract is specifically for the supply of 34 units of Doppler Weather Radars.
Client and Nature of Order
The entity awarding this substantial contract is the Indian Metrological Department (IMD). This transaction qualifies as a Domestic Entity award. The core nature of the contract involves the supply of the aforementioned 34 Doppler Weather Radars. The contract value represents a broad consideration of Rs. 279 Crore.
Transaction Details
The order was negotiated with IMD previously and the contract was formally received now. This order is classified as part of the negotiated contract pipeline announced after Q3 FY 2025-26. The execution timeline for the delivery and completion of the supply is specified As per Contract.
Interest Declarations
The company confirms that neither the promoter nor the promoter group companies have any existing interest in the entity that awarded this contract. Furthermore, the order is not classified as a related party transaction, ensuring the deal was conducted at “arm’s length.”
Source: BSE