We are pleased to inform you that Company has received Significant Purchase Order of Rs. 1,30,61,650/- in ordinary course of business.
Price
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Awaiting price reaction for this filing.
3C IT Solutions has bagged a purchase order valued at Rs. 1,30,61,650 (about Rs. 1.31 crore) from Yailen Global Enterprises Pvt. Ltd. for supply, installation, network design, and project management of Wifi and Network Solutions. The materials are to be delivered to Meetei Construction Private Limited at the High Court of Meghalaya Main Road, IIM Shilong. Payment terms include a Rs. 5 lakh advance, with the balance due within 30 days of product delivery and 45 days after installation, testing and commissioning. The order is in the ordinary course of business, is domestic, and is not a related party transaction.
This is a modest-sized domestic order that adds to the company's order book but on its own is unlikely to be a major stock-moving event without context on the company's total revenue or order pipeline. Shareholders should track whether similar follow-on orders continue to flow in.