Vinyas Innovative Technologies Limited Secures ₹70.16 Crores in New Orders
Vinyas Innovative Technologies Limited announced it has received new purchase orders totaling ₹70.16 Crores from both domestic and international customers. The orders, valued at ₹39.66 Crores and ₹30.50 Crores respectively, are for the manufacture and supply of PCBA.The domestic order, awarded by a domestic customer, is expected to be executed within 6 to 12 months. The international order, from a foreign customer, has an execution timeline of 12 to 18 months. Both orders are considered to be within the company's ordinary course of business.
According to details provided, neither order involves any related party transactions, and promoters or group companies have no interest in the entities awarding the contracts.
| Particulars | Domestic Customer | Foreign Customer |
|---|---|---|
| Value of the order(s)/contract(s) (Rs. in crores) * | ₹39.66 Crores | ₹30.50 Crores |
| Time period by which the order(s)/contract(s) is to be executed* | 6 - 12 Months | 12 to 18 Months |
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