Takyon Networks wins Rs 2.62 Cr order from IIIT Allahabad

1 min read     Updated on 21 Jul 2026, 03:54 PM
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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 Day5 Days1 Month6 Months1 Year5 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?

Takyon Networks holds analyst meet, shares no price-sensitive info

0 min read     Updated on 19 Jun 2026, 04:27 PM
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Takyon Networks Ltd held a conference call with analysts and institutional investors on June 19, 2026. The meeting was hosted by Hem Securities Limited. The company confirmed that no unpublished price-sensitive information was shared during the discussion.

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Takyon Networks Ltd held a conference call with analysts and institutional investors on June 19, 2026, to discuss its business operations. The meeting was hosted by Hem Securities Limited and conducted through a virtual mode. The company confirmed that no unpublished price-sensitive information was shared or discussed with the investors during the interaction.

The disclosure was made to BSE Limited pursuant to Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulation, 2015. The intimation follows a previous notice dated June 12, 2026, regarding the scheduled meeting.

Detail Information
Meeting Date June 19, 2026
Host Hem Securities Limited
Mode Virtual
Regulation Regulation 30, SEBI LODR 2015

The Managing Director, Manish Kumar Sharma, represented the management during the proceedings. The company requested the exchange to take the disclosure on record.

Historical Stock Returns for Takyon Networks

1 Day5 Days1 Month6 Months1 Year5 Years
-0.25%+2.31%-7.47%-47.50%-64.20%-64.20%

What strategic initiatives did Takyon Networks highlight for the upcoming fiscal year?

How does the company plan to navigate current market challenges in the networking sector?

What are the expected financial performance trends for Takyon Networks in the near term?

More News on Takyon Networks

1 Year Returns:-64.20%