RRP Defense Ltd receives LoI from Kalyani Strategic Systems Ltd

RRP Defense Ltd ("the Company") has received the Letter of Intent from Kalyani Strategic Systems Limited, for 40 units of Hand-held Thermal Imager PR110 MF, including an immediate requirement of 14 units to be supplied by the end of the financial year 2025-26.

Further, the letter of intent as received from them also includes the supply of 26 additional units of Hand-held Thermal Imager PR110 MF, expected to be completed by the end of the financial year 2026-27.

The price per unit shall be Rs. 7,00,000/- (Seven Lakhs only) which shall aggregate to 2,80,00,000 (Two Crores Eighty Lakh only).

Shares of RRP Defense LTD. was last trading in BSE at Rs. 492.85 as compared to the previous close of Rs. 483.20. The total number of shares traded during the day was 90 in over 1 trades.

The stock hit an intraday high of Rs. 492.85 and intraday low of 492.85. The net turnover during the day was Rs. 44356.00.

Source : Equity Bulls

Keywords

RRPDefense INE535P01015 LoI KalyaniStrategicSystems