Mumbai, Nov. 21 -- The company said the customer's name cannot be disclosed due to confidentiality and commercial sensitivity.

The order is for the supply of masts with accessories, which will be delivered as per customer specifications. The contract has been awarded by a domestic entity and is scheduled for execution within the current financial year.

Precision Electronics clarified that neither the promoter nor the promoter group has any interest in the awarding entity, and the transaction does not fall under related-party arrangements.

The company said the new order strengthens its presence in the defence supply ecosystem.

Precision Electronics is a diverse telecom infrastructure enabler with active interest spanning telecom infras...