BSEInfinity Infoway LtdMediumPositive
Announced Sat, 29 Nov · 14:34 IST

Announcement under Reg 30 (LODR) the company has Received an order ERP Implementation worth Approx. 2.15 crores From the Education Committee of Shri Maheshwari Samaj , Jaipur

Order Above 5pct RevenueBusiness Updates View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Infinity Infoway Ltd has signed an ERP Software Service Agreement with the Education Committee of Shri Maheshwari Samaj, Jaipur, valued at approximately ₹2.15 crores. The contract covers ERP implementation, customization, SRS-based development, UAT, training, support, and maintenance over a 5-year tenure, with payment structured as a one-time customization fee plus annual recurring per-student charges. The agreement was executed on 28 November 2025 and is in the ordinary course of business, with no related-party concerns. The company is making this a voluntary disclosure because the contract value exceeds 10% of its latest audited turnover.

Likely market impact

This is a positive commercial development, confirming a fresh order pipeline that contributes over 10% of audited turnover in a single contract, alongside recurring annual per-student revenue over the 5-year period. While management states it is not material under Reg 30, the size relative to turnover may support revenue visibility and is worth tracking for execution and follow-on orders.