Sahana System Bags ₹24.69 Crore CEL Order; Shares Rise 1.32% So far On Defence Win

Sahana System Limited share price were up on February 26, 2026, after the company informed the National Stock Exchange that its subsidiary had secured a ₹24.69 crore order from Central Electronics Limited (CEL). Following the disclosure, the company’s shares edged higher in trade so far.

Subsidiary Secures Integrated RF And Radar-Based Drone System Contract

In a Regulation 30 filing dated February 26,2026, the company said its subsidiary, Sahana Defence Limited, has received a purchase order from Central Electronics Limited (CEL), a Government of India enterprise.

The contract, valued at ₹24.69 crore, relates to deployment of an integrated RF and radar-based drone detection and jamming system. The scope includes Design, Supply, Installation, Testing and Commissioning (SITC) of the system, along with a five-year Annual Maintenance Contract (AMC).

SITC mandates end-to-end execution from engineering and field installation to system validation. The five-year AMC component extends the engagement beyond deployment, covering ongoing maintenance and performance support. Together, these elements typically provide improved medium-term revenue visibility, subject to milestone completion and contractual terms.

The disclosure was digitally signed by Pratik Kakadia, Chairman and Managing Director, in line with the company’s compliance obligations under SEBI’s Listing Obligations and Disclosure Requirements framework.

Shares Trade Higher In Afternoon Session

Sahana System Limited (NSE: SAHANA) was trading at ₹1,030.00, up ₹13.40 or 1.32%, as of 12:59:23 IST on 26 February 2026, according to exchange data.

The stock opened at ₹1,024.00 and moved within a range of ₹1,005.05 to ₹1,030.00 during the session so far. The previous close stood at ₹1,016.60, while the volume-weighted average price (VWAP) was ₹1,019.85 at the time of reporting.

Company Background

Founded in 2013 and headquartered in Ahmedabad, Gujarat, Sahana System Limited provides IT and technology solutions across multiple sectors. Its stated areas of focus include artificial intelligence, machine learning, Internet of Things, business intelligence, blockchain and IT outsourcing.

Through Sahana Defence Limited, the group has expanded into defence electronics, including drone detection and countermeasure systems. The latest order from Central Electronics Limited adds to its order book within the defence and security solutions space.

The company has stated that it is CMMI Maturity Level 5 compliant and holds ISO 9001:2015 and ISO/IEC 27001:2013 certifications.

Conclusion

The ₹24.69 crore order, including the five-year AMC component, marks a fresh addition to the group’s defence portfolio. Revenue recognition and execution timelines will depend on project milestones and delivery schedules as outlined in the purchase order filed with the exchange.

Source:

https://nsearchives.nseindia.com/corporate/SAHANA_26022026124607_Reg30PressRelease.pdf