NewsTakyon Networks Secures Rs. 8,300,000 Work Order from Hindustan Aeronautics Limited for Active Network ComponentsTakyon Networks Secures Rs. 8,300,000 Work Order from Hindustan Aeronautics Limited for Active Network Components
Takyon Networks Ltd has received a work order worth Rs. 8,300,000 from Hindustan Aeronautics Limited for the supply and installation of Active Network Components. The domestic contract, classified as medium in size, is to be executed within 90 days with a deadline of 31/07/2026. The disclosure was made under Regulation 30 of SEBI (LODR) Regulations, 2015, and the order involves no related party transactions or promoter group interest.
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Takyon Networks Ltd has secured a work order worth Rs. 8,300,000 (Rupees Eighty-Three Lakhs) from Hindustan Aeronautics Limited (HAL) for the supply and installation of Active Network Components. The company made this disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Part A of Schedule III and SEBI Circular No. SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated 13th July 2023. The intimation was signed by Managing Director Manish Kumar Sharma on 5th May 2026.
Order Details
The work order pertains to the supply of a new product — Active Network Components — to HAL, a domestic entity. The contract is classified as a supply and installation engagement of medium size. Below is a summary of the key disclosures made in the prescribed format under Regulation 30:
| Parameter: | Details |
|---|---|
| Awarding Entity: | Hindustan Aeronautics Limited |
| Nature of Order: | Supply and Installation (Contracts) |
| Order Value: | Rs. 8,300,000 |
| Domestic / International: | Domestic |
| Execution Timeline: | 90 Days (by 31/07/2026) |
| Order Size Classification: | Medium |
| Related Party Transaction: | No |
| Promoter / Group Interest: | No |
Compliance and Disclosure
The disclosure was filed in compliance with SEBI (LODR) Regulations, 2015, along with the prescribed Annexure A. Takyon Networks confirmed that neither the promoter nor the promoter group nor any group companies hold any interest in Hindustan Aeronautics Limited. The order does not fall within the purview of related party transactions. The intimation was submitted to the Listing Department of BSE Limited on 5th May 2026.
About Takyon Networks
Takyon Networks Limited, formerly known as Takyon Networks Private Limited, is registered under CIN U72300UP2015PLC070649. The company's registered office is located at CP-37, Viraj Khand-4, Gomti Nagar, Lucknow-226010 (UP), with a branch office at 911, DLF Tower B, Jasola, District Center, New Delhi-110044.
Historical Stock Returns for Takyon Networks
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +19.99% | +46.82% | +57.77% | -13.91% | -32.02% | -32.02% |
Could this HAL contract serve as a springboard for Takyon Networks to secure larger defence contracts, and what other public sector undertakings might they be targeting next?
How might Takyon Networks' successful delivery of Active Network Components to HAL within the 90-day timeline impact its order book growth and revenue trajectory for FY2027?
Given India's increasing defence modernisation push, what is the long-term market opportunity for network infrastructure providers like Takyon Networks in the aerospace and defence sector?
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