Announcement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for receipt of Purchase Order from one of the largest private sector bank.
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Unified Data Tech Solutions Ltd has received a Purchase Order worth Rs. 5.60 Crores (inclusive of taxes) from one of India's largest private sector banks. This is an AMC (Annual Maintenance Contract) Services order and the customer is newly onboarded. The order is to be executed immediately. This is a domestic contract with no related party involvement or promoter interest. The company was formerly known as Unified Data-Tech Solutions Private Limited.
Securing a major private sector bank as a new customer for AMC services is a positive business development, though the order size of Rs. 5.60 Crores should be viewed in context of the company's total revenue.