Suyog Telematics receives LOI from IIT Bombay for telecom infrastructure
Suyog Telematics Ltd has secured a Letter of Intent (LOI) from Indian Institute of Technology (IIT) Bombay for the establishment and management of telecom infrastructure at its campus. The project includes ground-based towers, roof top poles, cell on wheels, small cells, and in-building solutions. This engagement follows the company's successful H1 bid.

*this image is generated using AI for illustrative purposes only.
Suyog Telematics Ltd has received a Letter of Intent (LOI) from the Indian Institute of Technology (IIT) Bombay for the establishment and management of telecom infrastructure at its campus. The project encompasses ground-based towers, roof top poles, cell on wheels, small cells, and in-building solutions (IBs) with allied infrastructure for mobile communication services. This engagement follows the company's successful H1 bid and is classified as an ordinary course of business transaction. The company views this development as a milestone, reflecting its continued participation and success in large-scale infrastructure deployment projects.
Project Scope
The LOI outlines the requirement for a comprehensive telecom infrastructure setup. The scope includes:
- Ground Based Towers
- Roof Top pole
- Cell on Wheel
- Small Cells
- In-Building Solutions (IBs)
- Allied infrastructure for mobile communication services
Company Details
| Attribute | Details |
|---|---|
| Company Name | Suyog Telematics Limited |
| Scrip Code | 537259 |
| Symbol | SUYOG |
| CIN No | L32109MH1995PLC091107 |
The intimation was submitted to the stock exchanges by Aarti Kamlesh Shukla, Company Secretary & Compliance Officer.
Historical Stock Returns for Suyog Telematics
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.97% | +20.77% | +6.82% | +26.16% | -12.39% | -44.92% |
What is the estimated financial value and timeline for the completion of this IIT Bombay project?
Will this contract with IIT Bombay serve as a catalyst for Suyog Telematics to secure similar infrastructure projects with other premier educational institutions?
How will the capital expenditure required for this project impact the company's cash flow and debt levels in the upcoming fiscal quarters?


































