Global Education Secures ₹1.9 Crore Order for Digital Display Panels
Global Education Limited received a confirmed purchase order worth ₹1.91 crore (including GST) from 3C IT Solutions & Telecoms (India) Limited. The order is for 130 interactive digital display panels and is to be executed within 15 days.
While the order is positive, the value of ₹1.91 crore is relatively small compared to the overall scale of a publicly listed company, thus having a low impact.
The announcement details the receipt of a new purchase order, which is a positive development for the company's business.
Global Education Limited has announced the receipt of a confirmed Purchase Order from 3C IT Solutions & Telecoms (India) Limited for the supply of interactive digital display panels. The order encompasses 130 units of Teachmint 75" Pro X2075PB14 models, featuring advanced specifications such as True 4K UHD display, Android OS, an in-built 4K AI camera, and 5G connectivity.
The total value of the order, including GST, amounts to ₹1,90,98,300 (approximately ₹1.91 crore), with the order value excluding GST being ₹1,61,85,000. The company is expected to execute this order within 15 days from the date of the purchase order.
Global Education Limited has clarified that the customer, 3C IT Solutions & Telecoms (India) Limited, is not a related party. Furthermore, the promoter, promoter group, and group companies of Global Education Limited have no interest in the entity awarding the order or in this transaction. The company will continue to keep the stock exchange informed of any further material developments.
A plain-language summary of a public exchange filing by Global Education Limited. Read the original for the full detail.