Disclosure of Big Purchase Order from Star IT Solutions Limited
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Laddu Gopal Online Services Ltd (formerly ETT Limited) has received three purchase orders from Star IT Solutions Limited, an international entity. The orders are for digital content creation, social media marketing, and digital marketing strategy & campaigns, to be executed over 365 days. The total order value is USD 6,984,000 (approximately ₹58-60 crore depending on exchange rate). The order is not a related party transaction and the promoter group has no interest in the awarding entity.
This is a sizeable export order in US dollars that provides foreign currency revenue visibility for one year, which is positive for the company's top line. However, the order size relative to the company's revenue base needs to be assessed to gauge true materiality.