Prostarm Info Systems Secures INR 90 Crore WBMSC Contract

Prostarm Info Systems Ltd has been awarded a contract by the West Bengal Medical Services Corporation (WBMSC) as the L-1 bidder. The contract, valued at INR 90.44 Crores, involves the supply, installation, testing, and commissioning of 6 KVA single-phase input and output online UPS systems, including batteries. These systems will be deployed across 3,000 Sub Centers, 336 Urban Health and Wellness Centers, and 103 Urban Primary Health Centers in West Bengal.

The contract is to be executed within a period of 180 days. The order has been received in the normal course of business and does not constitute a related party transaction. There is no interest from the promoter or promoter group in the entity awarding the contract.

The details of the contract were disclosed in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information was communicated to the BSE Limited and the National Stock Exchange of India Limited, where Prostarm Info Systems is listed under the scrip code 544410 and symbol PROSTARM, respectively.

The West Bengal Medical Services Corporation is responsible for the procurement and distribution of medical equipment and supplies across the state. This contract is part of their efforts under the XV Finance Commission to enhance healthcare infrastructure in West Bengal.

Prostarm Info Systems Ltd specializes in providing power solutions and services. The company focuses on delivering reliable and efficient power management systems to a diverse range of industries. Prostarm continues to expand its portfolio by securing contracts that align with its core competencies in power solutions.