We wish to inform that company has received renewal purchase order amounting to Rs. 1.91 crores bagged by the company in the ordinary course of business.
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Meta Infotech Ltd has received a renewal purchase order worth Rs. 1.91 crores (excluding GST) from a leading private sector bank in India. The order is for cloud workload services along with onsite resources. The cloud workload part runs from 1st March 2026 to 30th June 2027, while the onsite resources component runs from 1st March 2026 to 28th February 2027. The order is to be executed within 15 days. The company has confirmed that this is in the ordinary course of business and there is no related party interest involved.
This is a small, routine renewal order that reinforces existing business with a banking client but is unlikely to materially move the stock price on its own. It signals continued client retention in the IT services segment.