Intimation of cancellation of purchase order by Optimus Ventures Pvt Ltd as stated in the attachment
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Skyline Ventures India Ltd has informed the exchange that a purchase order worth Rs. 1,20,33,577 (about Rs. 1.20 crore) received from Optimus Ventures Pvt. Ltd on October 31, 2025 has been withdrawn/cancelled. The order was for civil works, interior works and furniture, and had been previously disclosed to the exchange on November 5, 2025. The cancellation is attributed to the cancellation of the company's GSTIN, which Skyline says it has been unable to reactivate despite efforts. The disclosure is made under SEBI Listing Regulations (Regulation 30).
This is a negative development as the company loses a confirmed order worth around Rs. 1.20 crore in revenue. The inability to reactivate the GSTIN raises concerns about the company's compliance status, which may affect its ability to win and execute future orders until resolved.