Atishay Limited has received Letter of Intent for the work of 'End to End Scanning, Digitization, Indexing and records management services for Punjab Urban Planning & development Authority ....
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Atishay Limited has received a Letter of Intent from Punjab Urban Planning & Development Authority (PUDA), Government of Punjab, for end-to-end scanning, digitization, indexing, and records management services across PUDA and its regional authorities. The contract is valued at ₹2.34 crore (inclusive of GST) and must be completed within 12 months. The order is domestic, not a related party transaction, and involves no promoter or group company interest in the awarding entity. The company stated that this adds to its order book, improves revenue visibility, and reinforces its position as a partner for large-scale government digitization projects.
A modest new government order worth ₹2.34 crore that adds to the company's order book and revenue visibility, though small in absolute size. Positive for sentiment as it highlights continued wins in government digitization, but unlikely to move the stock materially on its own.