Meta Infotech Ltd Secures Software Subscription Renewal from Leading Stock Exchange
Meta Infotech Limited has secured a significant software subscription renewal order from one of India's leading stock exchanges, reaffirming its position in providing specialized IT services to the financial sector. The contract covers a period of one year and amounts to Rs. 2,20,00,035 (Rupees Two Crores Twenty Lakhs Thirty Five Only Excluding GST).The order details relate to the provision of software subscriptions and were confirmed for the period spanning June 23, 2026, to June 22, 2027. The business transaction falls under the ordinary course of Meta Infotech’s operations.
Key commercial terms and conditions of the contract are detailed below:
| Aspect | Detail |
|---|---|
| Client Entity | India's Leading Stock Exchange (Domestic) |
| Nature of Contract | Software Subscription |
| Duration | June 23, 2026 to June 22, 2027 |
| Consideration / Size | Rs. 2,20,00,035 |
| Entity Type | Domestic |
The contract specifies that the services are to be executed within 15 days. The order was awarded by a domestic entity and holds no interest from the Promoter or Promoter Group, with neither the company nor the order falling under related party transactions.
Stock Price Movement
Meta Infotech Ltd closed the trading day having fallen by 0.36%, settling at ₹69.00 per share. The stock traded within a defined range throughout the session, touching an intraday high of ₹72.00 and dipping to a low of ₹68.70.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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