Orient Technologies Secures ₹76.2 Crore Server Supply Order from NPCI
Orient Technologies Limited has secured a purchase order from NPCI for the supply of servers valued at ₹76.2 crore. The order includes seven years of warranty support and is to be executed within 18 weeks.
The order value is substantial and will contribute to the company's revenue, impacting its financial performance.
The company has received a new, significant order, which is positive for its business growth and market position.
Orient Technologies Limited has announced that it has been awarded a significant Purchase Order from the National Payments Corporation of India (NPCI) for the supply and provision of Servers.
The estimated value of this contract is approximately ₹76,20,00,000 (Rupees Seventy-Six Crores and Twenty Lakhs Only), excluding GST. The order includes supply of servers with End of Sale support and seven years of warranty support, backed by OEM support.
This engagement is expected to be executed within 18 weeks and further solidifies Orient Technologies' standing in providing enterprise infrastructure solutions and executing large-scale technology projects. The company has confirmed that neither the promoter, promoter group, nor group companies have any interest in NPCI, and the contract does not fall under related party transactions.
What to do with a filing like this
Orient Technologies Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Orient Technologies Limited. Read the original for the full detail.