ITI Secures Work Worth INR1.10 Billion from Guj Info Petro

MT Newswires Live

Sep 04

Telecom manufacturing company ITI (NSE:ITI, BOM:523610) has been selected as a system integrator for the implementation of IT infrastructure-related projects on behalf of Guj Info Petro, according to a Thursday filing to the Indian stock exchanges.

The project is valued at 1.10 billion Indian rupees and the period of empanelment is for 36 months.

The work is for two initiatives, including IT infrastructure implementation and the establishment of a cybersecurity operations center, at Gandhinagar in Gujarat, India.

The company's shares were down over 1% in recent trade.

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