Prostarm Info Systems (PROSTARM) — Announcement

📢 Key Event
Prostarm cancels L1 bid for Karnataka UPS contract

Prostarm Info Systems Limited announced the cancellation of its L1 bid for supplying 3 KVA UPS systems to Karnataka State Fire and Emergency Services, removing a potential revenue stream and highlighting execution risk in government contracts. The filing confirms the cancellation via SEBI Regulation 30 disclosure, with no financial impact or forward guidance provided. This event underscores vulnerability in the company's public sector dependency and reduces near-term growth prospects.

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About Prostarm Info Systems Limited (PROSTARM)

Capital Goods · Electrical Equipment · Listed on NSE

Market Cap: ₹825.83 Cr P/E: 26.0

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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