Adroit Infotech Limited has informed the Exchange regarding a press release dated January 21, 2026, titled " VERSO ALTIMA INDIA PVT LIMITED (Subsidiary of Adroit Infotech Limited) has received an order valued at INR 46.0 Million from Amdocs Development Limited to manage Application Maintenance Support Services contract for a period of five years".
ADROITINFO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Adroit Infotech's subsidiary, Verso Altima India Pvt Limited, has received an order worth INR 46.0 Million (approx. INR 4.6 Crores) from Amdocs Development Limited. The order is for managing Application Maintenance Support Services over a five-year period. Amdocs is a global software and services provider for communications, media, and financial services providers. The five-year contract provides long-term revenue visibility for the subsidiary.
This is a moderate-sized order that adds to the subsidiary's long-term revenue pipeline, but the value is relatively small in absolute terms. For shareholders, it signals business traction with a large multinational client, though it is unlikely to be a major stock price catalyst on its own.