Shares of L&T Technology Services Limited were trading in the green and 3% higher on 15 March after the company announced securing an order from the Maharashtra State Cyber Department.

In its regulatory filing, the company said that they have received a first-of-its-kind program in India worth Rs 800 crore ($100 million) from the Maharashtra State Cyber Department. The company will form a consortium with KPMG Assurance and Consulting Service LLP as forensic partner for providing advanced cyber security solutions for the state enhancing public safety against cyber threats.

The project is for designing a sophisticated cybersecurity system and establishing state-of-the-art, fully equipped, cyber security and cybercrime prevention centres to address cybercrime incidents and investigations by leveraging AI and digital forensic tools.

Amit Chadha, CEO and Managing Director of L&T Technology Services said, “This first-of-its-kind deal is more than just a business achievement for us. It’s an opportunity to leverage our experience in setting up over 25 command centres and recognizing the growing criticality of cybersecurity and the need to invest in advanced digital safeguard platforms and tools for the benefit of the larger society. This deal will set the stage for LTTS to scale its offerings for our global clientele.”

At 3:30 pm, the shares of L&T Technology closed 2.76% higher at Rs 5,408.40 on NSE.