Vedavaag Systems Secures ₹5 Crore CCTV Surveillance Order from ITI Limited

Vedavaag Systems Limited has announced securing a substantial order worth approximately ₹5 crores from ITI Limited, marking a significant business development for the company. The order pertains to the supply and installation of CCTV surveillance systems at a premium government organization.

Order Details and Specifications

The contract encompasses comprehensive CCTV surveillance system implementation, representing a domestic engagement with ITI Limited as the awarding entity. The project timeline is set for completion within 6 months from the order date.

Parameter	Details
Order Value	₹5.00 crores (approx.)
Awarding Entity	ITI Limited
Project Type	Supply and Installation of CCTV Surveillance Systems
Location	Premium Government Organization
Execution Timeline	6 months
Entity Type	Domestic

Payment Terms and Financial Structure

The order features structured payment terms designed to ensure smooth project execution and financial security for both parties. The payment mechanism includes multiple stages with specific conditions.

Payment Component	Terms
Initial Payment	80% within 30 days on back-to-back basis
Payment Method	Through ESCROW account
Final Payment	After submission of Acceptance Certificate from Client

Regulatory Compliance

Vedavaag Systems has disclosed this order in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the order does not involve any related party transactions and that promoters or group companies have no interest in the awarding entity.

Company Background

Vedavaag Systems Limited operates in the IT software sector and is headquartered in Hyderabad, Telangana. The company focuses on digital transformation solutions and has been actively pursuing opportunities in government and enterprise segments.

This order win demonstrates the company's capability in executing large-scale surveillance projects and strengthens its position in the government technology solutions market. The structured payment terms and ESCROW mechanism provide financial security while ensuring project delivery standards.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.82%	-7.08%	-10.71%	-35.77%	-58.87%	-24.84%

Vedavaag Systems Limited has completed comprehensive regulatory filings with SEBI following the inter-se promoter share transfer executed in December 2025. The company has fulfilled all mandatory disclosure requirements under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, including the final regulatory report and fee payment.

Share Transfer Transaction Details

J Sujatha (Sujata Jonnavittula), a promoter of Vedavaag Systems Limited, acquired 25.85 lakh equity shares from her spouse J S R Durga Prasad through an off-market inter-se transfer mechanism. The transaction was executed as a gift transfer across two dates in December 2025.

Transfer Parameter	Details
Total Shares Transferred	25,84,960 equity shares
Voting Rights	11.02% of total voting rights
Transfer Method	Off-market inter-se transfer by way of gift
Transfer Dates	December 05, 2025 and December 09, 2025
Transferor	J S R Durga Prasad (spouse)
Transferee	J Sujatha (promoter)

Shareholding Changes

The inter-se transfer resulted in significant changes to the promoter shareholding pattern within the family group. J Sujatha's shareholding increased substantially while her spouse's holding decreased proportionally.

Stakeholder	Pre-Transaction Shares	Pre-Transaction %	Post-Transaction Shares	Post-Transaction %
J Sujatha	65,607	0.28%	26,50,567	11.30%
J S R Durga Prasad	35,84,960	15.28%	10,00,000	4.26%

SEBI Regulatory Compliance

Vedavaag Systems has completed all three phases of SEBI regulatory compliance for the promoter share transfer. The company filed the final Regulation 10(7) report with SEBI and paid the mandatory regulatory fees.

Compliance Phase	Filing Date	Status
Regulation 10(5) - Pre-acquisition Notice	November 27, 2025	Completed
Regulation 10(6) - Post-acquisition Report	December 11, 2025	Completed
Regulation 10(7) - SEBI Final Report	January 02, 2026	Completed
SEBI Fee Payment	January 02, 2026	₹1,77,000 paid