TAKYON NETWORKS LTD has been awarded a significant work order valued at ₹1,78,00,000 (Rupees One Crore Seventy-Eight Lakhs) from Northern Railway, Lucknow. This contract is for the Augmentation & Upgradation of Last Mile Connectivity of CMS at various stations over the Lucknow Division. The work is expected to be completed within 180 days from the Letter of Acceptance, dated February 02, 2027.
New Contract Awarded by Northern Railway
TAKYON NETWORKS LTD announced today that it has received a substantial work order from Northern Railway, Lucknow. The total value of this order is ₹1,78,00,000, which translates to Rupees One Crore Seventy-Eight Lakhs. This contract marks a significant addition to the company’s current projects and highlights its growing presence in the infrastructure sector.
Project Scope and Timeline
The project’s objective is the Augmentation & Upgradation of the Last Mile Connectivity of the Central Management System (CMS) across multiple stations within the Lucknow Division of Northern Railway. The company has been given a timeframe of 180 days to complete the entire scope of work. The stipulated completion date, considering the 180-day period from the Letter of Acceptance issued on February 02, 2027, would be August 01, 2027.
Contract Details
The contract falls under the ‘Domestic’ category, awarded by a government entity. The consideration for this order amounts to INR 178.61 Lakhs. There is no indication of any interest from promoters or promoter group companies in this particular award, and it is confirmed to not fall within related party transactions, ensuring it is conducted at an ‘arm’s length’.
Source: BSE
