Vinyas Innovative Technologies Receives New Orders Worth ₹48.03 Crores

Team Finance Saathi

    03/Dec/2024

What's covered under the Article:

  1. Vinyas Innovative Technologies has secured new orders worth ₹48.03 Crores.
  2. The orders are from both domestic and international customers.
  3. No related party involvement in these orders.
  4. Orders to be executed within 12 months.

Vinyas Innovative Technologies Limited has received purchase orders worth a total of ₹48.03 crores from both domestic and international customers. The orders, which were disclosed in compliance with Regulations 30 (3), 30 (4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, will be executed within the next 12 months.

The company confirmed that these orders were awarded on standard terms and conditions, and none of the Promoter/Promoter Group or any related parties are involved in the awarded contracts. This ensures that the orders are part of the company’s normal course of business and will have no impact on the company’s governance structure.

This announcement is a positive development for Vinyas Innovative Technologies as it continues to expand its order book, marking its commitment to fulfilling its long-term business goals. For more information and updates on the company’s operations, you can visit their official website at Vinyas Innovative Technologies.

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