Deals14 May 2025, 01:27 pm
ETT Ltd Clarifies No Physical Contract Yet for Chixin Technology Co. Order Proposal
AI Summary
ETT Ltd has clarified that no physical or legally binding contract has been executed with Chixin Technology Co., Limited, Hong Kong, despite receiving an email confirmation expressing their intent to place an order amounting to USD 7,500,000. This disclosure is made to ensure accurate and fair representation of the transaction status.
Key Highlights
- ETT Ltd received an email confirmation from Chixin Technology Co., Limited, Hong Kong, for an order proposal of USD 7,500,000
- As of the disclosure date, no physical or legally binding contract has been executed between the parties
- The disclosure aims to provide transparency and avoid misinterpretation
- The order proposal amounts to approximately INR 65 Crores