Prostarm Info Systems Ltd has reported the cancellation of its L1 bids for the supply of UPS systems by two separate government entities, impacting its order book. The company was previously declared the lowest bidder for tenders involving the supply of UPS systems to West Bengal Medical Services Corporation (WBMSC) and Karnataka State Fire and Emergency Services. The cancellations were communicated to the stock exchanges on July 17, 2026, and July 23, 2026, respectively, under Regulation 30 of the SEBI Listing Regulations.

The company had initially informed the exchanges about being declared the L-1 bidder for the WBMSC tender in February and March 2026, and for the Karnataka State Fire and Emergency Services tender in June 2026. However, both entities have now cancelled the bids, and no orders or contracts were executed prior to these decisions. The disclosures were made in compliance with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Details of the Cancelled Bids

The following table outlines the particulars of the cancelled bids and the reasons for their termination:

The intimations were signed by Sachin Gupta, Company Secretary and Compliance Officer of Prostarm Info Systems Limited.

Prostarm Info Systems has revised the timeline for commencing commercial production at its proposed manufacturing facilities to September 30, 2026. The company cited unavoidable circumstances, including external factors and prevailing geopolitical conditions, as reasons for the delay impacting the timely availability of required resources.

The facilities in question include a 1.2 GWh Battery Energy Storage System (BESS) Manufacturing Facility at Reliance MET, Jhajjar, Haryana, and a manufacturing facility at Bakrol, Gujarat. Prostarm Info Systems disclosed that the factory buildings for both facilities are substantially ready, despite the operational delay.

In a regulatory filing, the company referenced earlier intimations dated July 08, 2025, and December 30, 2025, regarding the establishment of these facilities. The revised schedule was communicated to BSE Limited and National Stock Exchange of India Limited under Regulation 30 of the SEBI Listing Regulations.

Prostarm Info Systems affirmed that it continues to monitor the situation closely and is taking necessary steps to expedite procurement. The company aims to commence commercial production at the earliest within the new timeline.