Olatech Solutions Ltd., a prominent player in the IT infrastructure domain, has successfully secured a major turnkey project in the telecommunications sector. The project, awarded by a reputed domestic client, involves the supply, installation, testing, and commissioning of IT infrastructure. The project value totals INR 449.9 million, with a significant portion of the contract to be billed over a 10-year period.

The primary scope of the project includes the establishment of IT infrastructure, which will be supported by a comprehensive Annual Maintenance Contract (AMC) and Operations & Maintenance (O&M) services for the next 10 years. This long-term service agreement underlines the durability and ongoing support for the infrastructure once it is installed and commissioned.

This contract is crucial for Olatech Solutions as it reinforces the company's foothold in the highly competitive telecommunications sector. The expected revenue from the contract will be recognized over a span of several years, with 50% of the total value expected to be billed in FY2025-26, while the remaining amount will be distributed over the 10-year period based on the terms of the project execution.

The timeframe for the supply, installation, testing, and commissioning phase of the project is set to last approximately 6 months, after which the long-term maintenance phase begins. The company also confirmed that there is no interest or related party transactions involved in this award, ensuring that the contract was executed at arm’s length.

This achievement highlights Olatech Solutions Ltd.'s growing expertise in delivering comprehensive IT solutions across diverse industries, particularly in sectors like telecommunications where long-term, reliable infrastructure is essential for operational continuity.

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has disclosed this significant development to the BSE SME Platform under the designated company code BSE Code 543578. The announcement is in line with the company’s commitment to providing timely and transparent updates to its stakeholders regarding major business developments.

The successful completion of this project will not only boost the company's revenue but also strengthen its reputation as a trusted partner for large-scale IT infrastructure projects, particularly in the highly demanding telecommunications domain. As the company continues to expand its portfolio, this contract marks a milestone that is expected to bring both immediate and long-term benefits.

Olatech Solutions Ltd. remains optimistic about future opportunities in the sector and plans to continue its strategic growth trajectory by securing more such projects in the coming years.

This disclosure aligns with the company’s broader strategy of enhancing shareholder value through sustained performance and by winning high-value projects that offer steady cash flow and long-term revenue potential.

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