Aksh Optifibre Limited announced that the Company has received work order for Conversion of existing HPSV and normal LED lighting system into smart LED lighting system which are installed by Jaipur Development Authority (`JDA') at various locations beyond the Jaipur Nagar Nigam jurisdiction amounting to INR 134.3 million inclusive of GST. In this project, initially Aksh shall replace 5000 HPSV and LED Light into Smart LED Light with ILC and Aksh shall maintain the project O&M for three years. The Project has to be executed within a period of four months.

This project shall bring energy saving as in this project individual light shall be controlled (on/off/dimming) by using ILC. Time period by which the order(s)/contract(s) is to be executed: Within a period of four months that is by January 26, 2024.