Prostarm Info Systems Ltd - 544410 - Update On Litigation - Intimation Regarding Appeal Filed By Commissioner Of Customs, Nhava Seva, Raigad, Maharashtra
Prostarm Info Systems announced that the Customs Department has filed an appeal against a previous order-in-original, which had absolved the company of a ₹25.66 crore liability. This action reinstates the dispute, and the company is evaluating its next steps.
Apr 10 2026 17:04:00
Prostarm Info Systems Limited
Prostarm Info Systems informed that the Customs Department filed an appeal against an original order regarding a ₹25.66 crore dispute. The company is evaluating its next steps.
Apr 10 2026 17:04:00
Prostarm Info Systems Limited
Prostarm Info Systems secured a ₹165 crore Engineering, Procurement, and Construction (EPC) contract from Solarium Green Energy Limited. The contract is for a 50 MWac Solar PV Power Project, to be executed on a turnkey basis, excluding 3 years of O&M services.
Apr 07 2026 18:04:00
Prostarm Info Systems Limited
Prostarm Info Systems secured a ₹165 crore Engineering, Procurement, and Construction (EPC) contract from Solarium Green Energy Limited. The contract is for a 50 MWac Solar PV Power Project, to be executed on a turnkey basis, excluding 3 years of O&M services.
Apr 07 2026 18:04:00
Prostarm Info Systems Limited
Prostarm Info Systems Limited secured a ₹165 crore Letter of Award (LOA) for end-to-end Engineering, Procurement, and Construction (EPC) works. The LOA is for a 50 MWac solar PV power project in Maharashtra, awarded by Solarium Green Energy Limited as a sub-contractor for MAHAGENCO.
Apr 07 2026 18:04:00
Prostarm Info Systems Limited
Prostarm Info Systems Limited signed an MOU with Shenzhen Topband Co. Ltd. for co-manufacturing Battery Energy Storage Systems (BESS) in India, aligning with the 'Make in India' initiative. This collaboration involves a USD 10 million minimum purchase commitment and aims to strengthen local assembly capabilities.
Apr 07 2026 18:04:00
Prostarm Info Systems Ltd - 544410 - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
Prostarm Info Systems Ltd signed an MOU with Shenzhen Topband Co. Ltd. for co-manufacturing Battery Energy Storage Systems (BESS) in India. This alliance will see Topband supply SKD BESS kits and tech, while Prostarm handles local assembly, integration, and commercialization, committing to a minimum USD 10 million purchase over 18 months.
Apr 07 2026 18:04:00
Prostarm Info Systems Limited
Prostarm Info Systems' board approved a strategic realignment of its UPS business operations, moving units from Pisoli, Pune to Bakrol, Gujarat. This aims to enhance operational efficiency and optimize resource utilization, with completion by November 2026.
Apr 07 2026 17:04:00
Prostarm Info Systems Ltd - 544410 - Board Meeting Outcome for Outcome Of The Board Meeting Of Prostarm Info Systems Limited Held On Tuesday, April 07, 2026
Prostarm Info Systems strategically realigns its major UPS business operations from Pisoli, Pune to Bakrol, Gujarat, aiming for enhanced operational efficiency and resource optimization. Additionally, it has signed an MoU with Shenzhen Topband Co. Ltd. (TOPBAND) from China to co-manufacture Battery Energy Storage Systems (BESS) in India, with a minimum purchase commitment of USD 10 million over 18 months, targeting key Indian markets.
Apr 07 2026 17:04:00
Read More