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CapitalNumbers Infotech has informed the BSE that its wholly-owned US subsidiary, Capital Numbers LLC, has won a confirmed new order worth Rs 4.00 crore. The client is a US-based entity whose name cannot be disclosed due to a non-disclosure agreement. The order involves software development and related services under an Agile Development Services Agreement, to be executed over 7 months. The order is international in nature and is not a related-party transaction.
This is a positive development for shareholders as it adds Rs 4 crore of confirmed international revenue to the company's order book, reinforcing the subsidiary's business momentum. However, the order value is relatively modest and the client's identity remains undisclosed, limiting deeper assessment.