The Company has recevied a purchase order for the supply of yellow maize approx. value of Rs. 7.30 Crores.
Price
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Awaiting price reaction for this filing.
Yaan Enterprises Ltd has received a purchase order valued at approximately Rs. 7.30 Crores for the supply of yellow maize. The order has been placed by State Agri Horticultural Development Co-operative Society Limited, Thiruvananthapuram, which is a state-level government-affiliated cooperative entity. The order is domestic in nature and is to be executed within 1-2 months. Payment terms include a 25% advance, with the balance payable upon completion of supply and receipt of a quality analysis certificate. No promoter or related party interest is involved in the awarding entity.
This order provides short-term revenue visibility for Yaan Enterprises and is a positive business development, especially as it comes from a government-affiliated buyer which typically implies lower counterparty risk. For a small-cap company, a Rs. 7.30 Crore order is meaningful, though execution within the 1-2 month timeline will be key to realising the full value.