Ceinsys Tech (BOM:538734) has received a letter of award worth 1.60 billion Indian rupees from Mumbai Metropolitan Region Development Authority, according to a Tuesday filing on BSE.
Shares of the company fell over 3% in recent trade.
The order is for upgrading and procuring ESRI ArcGIS software, a geospatial platform, under an enterprise agreement, the filing said.
The four-year order covers license delivery along with operations and maintenance support for 16 quarters following activation.
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