We are pleased to inform that the Company has received a contract work order from Mumbai Aviation Fuel Farm Facility Pvt. Ltd. (MAFFFL)
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Panabyte Technologies has received a Comprehensive Annual Maintenance Contract (CAMC) work order for the CCTV System at Mumbai Aviation Fuel Farm Facility Pvt. Ltd. (MAFFFL), a domestic private entity. The contract is to be executed over a period of 4 years from the date of the Letter of Award. The total contract value is Rs. 36,18,437 (approximately Rs. 36.18 lakhs), which works out to roughly Rs. 9 lakhs per year. The filing clarifies that the promoters and promoter group have no interest in MAFFFL, and the transaction is not a related party transaction. No further details on revenue context or strategic significance are disclosed in the filing.
The contract value of ~Rs. 36 lakhs over 4 years is modest in scale and is unlikely to be materially price-moving on its own. It indicates continued business engagement in CCTV/AV/security maintenance services but should not be treated as a major revenue catalyst without confirmation of its size relative to company revenue.