Disclosure of information pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015
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Awaiting price reaction for this filing.
Panth Infinity Limited has secured a new work order worth INR 35 Crores (Thirty Five Crores), inclusive of all taxes, from Richa Info Systems Limited, a domestic entity. The order involves providing goods and services on an as-needed basis over a 1-year period. The filing confirms there is no promoter or related party interest in the counterparty, and the transaction is not a related party transaction. The disclosure is made under SEBI LODR Regulation 30.
This is a sizable new order that could meaningfully contribute to Panth Infinity's top line over the next year, potentially boosting revenue visibility. Shareholders should watch for execution progress and whether this translates into reported earnings.