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Business Update16 Jun 2026, 04:03 pm

Meta Infotech Renews ₹2.28 Cr Order from Private Sector Bank

AI Summary

Meta Infotech Ltd has announced the renewal of an order worth ₹2.28 crores from a major private sector bank. This renewal is for sustenance resources and is valid from April 1, 2026, to March 31, 2027. The order was secured in the ordinary course of business, and the company has confirmed no promoter group interest in the awarding entity. This contract is a positive development, indicating continued business relationships and revenue streams for Meta Infotech.

Key Highlights

  • Meta Infotech secures ₹2.28 Cr order renewal.
  • Order is from a large private sector bank.
  • Contract duration is from April 1, 2026, to March 31, 2027.
  • Renewal is for sustenance resources.
  • No promoter group interest in the awarding entity.