Receipt of LOI worth of INR14.14 crore
Price
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Awaiting price reaction for this filing.
Raminfo Ltd has received a Letter of Intent valued at approximately INR 14.14 crore from the Directorate of Information Technology, Government of Tripura. The project involves building, deploying, and maintaining a citizen-facing digital platform called 'UNNOTI' that helps deliver government services and benefits to citizens of Tripura. The total contract duration is 42 months, with 16 months for development and deployment followed by 26 months of maintenance support. The work falls under the Tripura Rural Economic Growth & Service Delivery Project (TRESP), and the company confirms it is a domestic, arm's-length deal with no related-party interest. This adds to Raminfo's portfolio in the e-Governance and citizen services space.
This is a sizeable government order that strengthens Raminfo's order book in the e-Governance segment and provides revenue visibility over the next 3.5 years. For shareholders, it signals continued traction in public-sector digital projects, though the stock reaction will depend on the order size relative to the company's overall revenue base.