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Vama Industries receives order worth Rs 46.16 crore

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Capital Market

From Indian Space Research Organization

Vama Industries announced that the Company has received an order from Indian Space Research Organization (ISRO) for implementation of Bhuvan Scale-Up Infrastructure Site Setup" at NRSC, Hyderabad on turnkey basis aggregating to Rs. 46.16 crore as detailed hereunder:

- For Rs. 42.48 crore (USD 62,48,051) in the name of M/s. Vama Technologies Pte. Ltd Singapore, a wholly owned subsidiary of the Company and

- For Rs. 3.67 crore in the name of Company (i.e., Vama Industries).

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First Published: Jan 11 2017 | 3:05 PM IST

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