Esconet Technologies Limited — Important, 27-12-2024: General Updates

Esconet Technologies Limited has received an award from Himachal Pradesh State Electricity Board Limited (HPSEBL) for the renewal of existing cybersecurity devices, along with the supply, installation, and integration of a Web Application Firewall (WAF) Solution. The total contract value is ₹13.91 Crores. The work is expected to be completed within 30 days upon acceptance of the award, while the renewal and support services for cybersecurity devices will extend until December 31, 2027, and the WAF solution will be supported for three years post-satisfactory completion. This order enhances the company’s portfolio in cybersecurity solutions, positioning it favorably within the domestic market. Investors should monitor this development closely, as it may represent a significant growth opportunity for Esconet Technologies moving forward.