BSENanta Tech LtdMediumPositive
Announced Tue, 20 Jan · 15:02 IST

Clarification: In Our Earlier Disclosure of a Purchase Order of Rs. 2,90,00,000/- the amount in Word in Point no. 7 of Annexure-1 was incorrectly stated and should read Rupees Two Crore ....

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

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AI summary

Nanta Tech has issued a clarification on an earlier announcement about a purchase order worth Rs. 2.90 Crore (excluding tax) from a domestic client called 'Security Solutions.' The correction addresses a typographical error in the amount-in-words section, which had wrongly read 'Three Crores Forty-Two Lakhs Twenty Thousand' instead of 'Two Crores Ninety Lakh'; the actual numerical figure of Rs. 2,90,00,000 remains unchanged. The order is for supplying and integrating service robots (branded Allbotix™) — including reception, visitor management, cleaning, logistics, and material handling robots — apparently for use at a tournament venue, with delivery expected 8–10 weeks after advance payment. No promoter or group company has any interest in the client.

Likely market impact

The underlying business news is unchanged: Nanta Tech has secured a Rs. 2.90 Crore domestic robotics order, which is a small but real revenue addition for the recently listed company. For shareholders, the correction simply removes confusion caused by the wording error and does not affect the order's value or terms.