We wish to inform that company has received fresh and renewal order amounting to Rs. 0.70 crores bagged by the Company in the ordinary course of business.
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Meta Infotech Ltd has bagged fresh and renewal orders totalling Rs. 70.61 lakh (around Rs. 0.70 crores) from a domestic financial services company. The fresh order of Rs. 32.67 lakh is for the period April 1, 2026 to March 31, 2027, while the renewal order of Rs. 37.95 lakh covers March 1, 2026 to February 28, 2027. Both orders are for annual subscription and one-time implementation support, to be executed within 15 days. The company clarified there is no related party interest in the client. The orders are described as being in the ordinary course of business.
This is a small-value order for a domestic financial services client, likely a routine subscription renewal plus a fresh engagement. For a small-cap company, it provides steady recurring revenue visibility but is not large enough on its own to materially move the stock. Investors may want to track whether more such orders follow to gauge business momentum.