Meta Infotech Ltd Secures Contract from Largest Private Sector Bank
Meta Infotech Ltd has been awarded an order for providing sustenance resources by one of the largest private sector banks in India. The contract amounts to Rs. 2,28,95,952.48/- and covers services to be rendered over a one-year period.The company secured this business agreement with the domestic banking institution. The order pertains to the provision of sustenance resources for Meta Infotech Ltd, running from April 1, 2026, through March 31, 2027. This contract falls within the ordinary course of the company's regular business operations.
Details regarding the awarded order and its terms are provided below:
| Contract Detail | Information |
|---|---|
| Entity Awarding Order | Largest Private Sector Bank (Domestic) |
| Nature of Order | Sustenance Resources |
| Contract Period | April 1, 2026 to March 31, 2027 |
| Broad Consideration | Rs. 2.28 crores |
| Execution Timeline | Within 15 days |
The contract ensures the company's involvement in essential business support services provided by a major private sector bank.
Stock Price Movement
Meta Infotech Ltd shares settled at ₹69.00 in post-market trading today, registering a decline of 0.36%. Throughout the session, the stock moved within an intraday range that spanned from a low of ₹68.70 to a high of ₹72.00.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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