Mumbai, Oct. 1 -- The total potential value of the agreement is estimated at around $1.2 billion based on prevailing selling prices of the connectivity products to be supplied, the company said in a regulatory filing.

Under the agreement, STL will supply optical connectivity products as per the customer's specifications. The agreement provides for allocation of products to be supplied in each calendar year from 2026 to 2030, with purchase orders to be released periodically during the contract period.

The agreement is scheduled to run until December 2030. It also establishes a reciprocal risk-sharing framework with mutually capped financial liabilities for both parties in the event of demand or supply capacity shortfalls or failures.

St...