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 |
Source:
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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.