Meta Infotech Limited received fresh and renewal purchase orders totaling Rs. 12,774.63 lakhs. The orders include on-site sustenance resources services worth Rs. 68.40 lakhs with contract periods from April 2025 to September 2026. The largest component is an annual subscription for cloud-based security solution valued at Rs. 12,110.87 lakhs for June 2025 to May 2026. Additionally, the company secured renewal of licenses worth Rs. 595.36 lakhs for a three-year period from September 2025 to August 2028. All orders are part of the company's ordinary course of business.
Meta Infotech Limited's Board of Directors approved related party transactions not exceeding Rs 4 crores each with Meta Infotech Dubai and Meta Infotech Australia Pty Ltd for FY 2025-2026. The transactions involve sale, purchase or supply of goods or materials, availing or rendering services, and property-related activities. Both entities are related parties by virtue of common shareholding with the promoter group. The Board also reviewed remuneration for Directors, Key Managerial Personnel and Senior Management, and ratified compensation for Mrs. Jyoti Kommuri (sister of Mr. Venu Gopal Peruri) and Mr. Venkat Prasad Reddy (brother-in-law of Mr. Venu Gopal Peruri). All approvals were based on Audit Committee recommendations and comply with regulatory requirements.
Meta Infotech Limited received purchase orders worth Rs. 166.30 lakhs for on-site sustenance resources services. The orders include a renewal contract of Rs. 68.30 lakhs running from September 1, 2025 to August 31, 2026, and a fresh contract of Rs. 98.00 lakhs from July 17, 2025 to July 16, 2026. The company stated these orders are received in the ordinary course of business.