Mumbai, May 23 -- The total potential value of the contract is estimated at approximately $1.11 billion based on prevailing selling prices. The allocation covers optical connectivity product supply across FY27 to FY29, with purchase orders to be released periodically during the contract period.

The agreement includes a reciprocal risk-sharing framework, defining capped financial liabilities for both parties in case of demand shortfalls or supply constraints. The contract is international in nature and is scheduled to be executed up to March 2029. The company stated that the promoter or promoter group has no interest in the awarding entity and that the contract does not fall under related-party transactions.

Ankit Agarwal, managing direc...