We are Pleased to inform that Nanta Tech Limited (the Company) has Received a Significant Purchase order of Rs. 2,90,00,000.00 (Excluding Tax) from Security Solutions.
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Nanta Tech Limited has received a purchase order valued at Rs. 2,90,00,000 (approx. Rs. 2.90 crore) excluding tax from Security Solutions, a domestic entity. The order is for the supply and integration of Service Robotics (Allbotix™) and related security and visitor management infrastructure for a tournament venue, including reception, cleaning, logistics, and project management services. The order is to be executed within 8-10 weeks from advance payment. The transaction is not a related party transaction, and no promoter group interest exists in the awarding entity.
This is a positive commercial development for Nanta Tech, providing a tangible revenue order for its robotics product line. Given that Nanta Tech is a recently listed small-cap company, this Rs. 2.90 crore order is meaningful, though investors should note that no revenue or guidance figures were disclosed for context.