Vinyas Innovative Technologies Secures ₹390 Crore Order from Domestic Client

Team Finance Saathi

23/Dec/2024

What's covered under the article:

Vinyas Innovative Technologies receives a ₹390 crore order from a domestic customer.
The order is set to be executed within 24 months.
The company assures the order is on standard terms with no related party involvement.

Vinyas Innovative Technologies Limited has announced the receipt of a ₹390 crore purchase order from a domestic customer. In compliance with the Securities and Exchange Board of India (SEBI)'s Listing Obligations and Disclosure Requirements (LODR) Regulations, the company disclosed the award of the new order on December 23, 2024.

The order, which will be executed within a 24-month period, is in line with the company’s typical business dealings and follows the standard terms and conditions on which Vinyas usually accepts such orders. The order does not involve any related parties, and there is no involvement of any promoter or group company in the transaction, ensuring a transparent process.

This new contract reinforces Vinyas Innovative Technologies’ position in the market and signals continued growth in the domestic market. The company has committed to making further details of this order available on their official website at www.vinyasit.com.

The disclosure, made in accordance with Regulation 30 of SEBI’s LODR Regulations, underscores Vinyas Innovative Technologies’ commitment to corporate governance and transparency.

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Vinyas Innovative Technologies Secures ₹390 Crore Order from Domestic Client

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