Takyon Networks wins Rs 2.62 Cr order from IIIT Allahabad
Takyon Networks Ltd secured a ₹2.62 Cr order from IIIT Allahabad for audio-visual modernization, to be executed within 16 weeks. The domestic contract involves SITC of ICT systems and carries no related party interests.

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Takyon Networks has secured a work order worth ₹2,61,86,000 from the Indian Institute of Information Technology, Allahabad for the modernization of its classrooms. The contract involves the supply, installation, testing, and commissioning (SITC) of ICT-enabled audio-visual systems. This order strengthens the company's presence in the educational technology infrastructure sector.
Order Details
The project is a domestic contract awarded by the Indian Institute of Information Technology, Allahabad. According to the disclosure, the entire scope of work must be completed within 16 weeks from the date of signing the contract and the handover of the site. The order value is specified as ₹2,61,86,000.
Key Contractual Terms
The filing provides specific details regarding the nature and execution of the order. The following table outlines the key particulars:
| Particulars | Details |
|---|---|
| Client | Indian Institute of Information Technology, Allahabad |
| Nature of Order | SITC of ICT-Enabled Audio-Visual Modernization of Classrooms |
| Order Value | ₹2,61,86,000 |
| Execution Period | 16 weeks |
| Entity Type | Domestic |
The disclosure confirms that the promoter, promoter group, or group companies of Takyon Networks Ltd do not hold any interest in the entity awarding the order. Furthermore, the transaction does not qualify as a related party transaction. The Managing Director, Manish Kumar Sharma, signed the intimation submitted to the exchange.
Historical Stock Returns for Takyon Networks
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.25% | +2.31% | -7.47% | -47.50% | -64.20% | -64.20% |
Will this successful execution lead to similar modernization contracts from other IIITs or government educational institutions?
How will the tight 16-week execution timeline impact Takyon Networks' operational efficiency and resource allocation?
Does this order signal a strategic pivot for the company towards focusing on the EdTech infrastructure sector?


































