Yaan Enterprises bags Rs 15.86 Cr yellow maize order
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Yaan Enterprises received a purchase order worth about Rs 15.86 crores from State Agri Horticultural Development Co-operative Society, Thiruvananthapuram, for supply of yellow maize. Order to be executed within 2 months. The company has received Rs 3 crores as advance, balance payable within 45 days of supply and quality certification. The order is from a domestic entity and is not a related party transaction.
Positive revenue visibility for the small-cap; execution and delivery quality risk given the short 2-month timeline.