STL Networks Limited has announced its emergence as the Lowest Bidder (L1 Bidder) and received a Letter of Intent from the National Informatics Centre Services Incorporated (NICSI). The order is for the "Procurement of network equipment through NKN". The order is a domestic contract, and its significant terms and conditions, as well as the time period, are as per bid no. GEM/2025/B/6918691. The broad commercial consideration for this order is ₹175 crore, exclusive of taxes. Neither the promoter, promoter group, nor any group companies have any interest in NICSI, and the transaction does not fall under related party transactions.
