Cash Ur Drive Marketing Secures Purchase Order for Multi-City Advertising Campaign
Cash Ur Drive Marketing Limited has secured a significant purchase order from a leading multinational mobility and technology platform operating in India. The contract involves executing a major advertising and transit media campaign across multiple cities.Under the newly awarded purchase order, the Company will execute a transit media campaign that includes branding on auto rickshaws and buses over the campaign period across various locations within India.
The key details of the contract have been outlined, revealing the order falls under the category of Advertising/Transit Media Campaign and is deemed a domestic transaction. The promotional period for the execution of the order is noted as approximately two months.
The total value of the contract is specified as ₹3,06,80,000/- (Rupees Three Crores Six Lacs Eighty Thousand Only), inclusive of applicable taxes.
The transaction details awarded by the multinational mobility and technology platform company are as follows:
| Particulars | Details |
|---|---|
| Name of the entity awarding the order | A leading multinational mobility and technology platform company operating in India |
| Significant terms and conditions of the order | Execution of transit media campaign comprising branding on auto rickshaws and buses across multiple cities in India |
| Nature of order | Advertising / Transit Media Campaign |
| Domestic/International Entity | Domestic entity |
| Time period for execution | Approximately 2 Months |
| Broad consideration/size of the order | ₹3,06,80,000/- (Rupees Three Crores Six Lacs Eighty Thousand Only) |
| Promoter Interest | No interest of the promoter or promoter group |
The company confirmed that the transaction does not fall within related party transactions. Cash Ur Drive Marketing Limited, formerly known as Cash Ur Drive Marketing Private Limited, confirms the receipt of the significant order.
CUDML Stock Price Movement
Shares of Cash Ur Drive Marketing Limited are edging higher to ₹148 as of 10:52 AM today, rallying on positive momentum by 2.78%. The stock continues to build interest in the live market, logging 6,000 shares traded so far into the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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