ADROITINFONSEAdroit Infotech LimitedMediumPositive
Announced Tue, 28 Apr · 17:49 IST

Adroit Infotech Limited has informed the Exchange regarding ' VERSO ALTIMA INDIA PVT LIMITED (Subsidiary ofAdroit Infotech Limited) has received an order valued at INR 23.0 Millions from PT SUPRAPRIMATAMA NUSANTARA for SAP BRIM - MANAGED SERVICES '.

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Price reaction · full curve 14 horizons · vs prior close
+0.7%1-day move
₹9.93
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₹9.87
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AI summary

Adroit Infotech's subsidiary Verso Altima India Pvt Ltd has secured an international order worth INR 23 million from PT Supra Primatama Nusantara, an Indonesian company. The order is for SAP BRIM Managed Services, including functional and technical support for the SAP-BRIM application with both onsite and offshore support for one year. The contract is not a related party transaction and there is no promoter group interest in the awarding entity. This represents a new international client win for the Adroit group.

Likely market impact

Positive signal for shareholders as the subsidiary secured a new international client, demonstrating Adroit's ability to win export orders in the SAP consulting space. The one-year contract provides revenue visibility.