Ref: Valiant receives another order of INR 19 Crores from Tejas NetworksPlease be informed that the Company has received a new Purchase Order for supply and commissioning of its indigenously developed communications protection and synchronization equipment from Tejas Networks Limited [NSE: TEJASNET] a Tata Group company. The order is expected to be executed in the next twelve months.The total value of the new order is approximately INR 19 Crores (INR 190 million). This Purchase Order is in addition to the erstwhile orders which had been previously disclosed by the Company on 31-03-2022 that have been already issued by Tejas Networks.For additional details please refer the earlier press release of 31-03-2022. We confirm that: a) None of the promoter/ promoter group/ group companies have any interest in any of the entity that awarded the order(s); andb) The above referred order(s) would not fall within the related party transactions.
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