Meta Infotech wins Rs 2.89 Cr order from private sector bank

Meta Infotech Ltd has secured a renewal order worth Rs 2.89 crore from a domestic private sector bank for license subscription and maintenance. The contract, valued at Rs 2,88,99,278 excluding GST, covers the period from May 31, 2026 to May 30, 2027.

The order comprises Rs 2,58,10,218 for license subscription and Rs 30,89,060 for annual maintenance cost. The agreement was disclosed under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Order Details

The order is to be executed within 15 days. The company confirmed that the promoter, promoter group, or group companies have no interest in the entity that awarded the order. The transaction does not fall within related party transactions.

Detail	Information
Client	Private Sector Bank
Nature of Order	License Subscription and Annual Maintenance Cost
Contract Period	May 31, 2026 to May 30, 2027
Total Value	Rs 2.88 crores
Execution Time	Within 15 days

Mansi Sheth, Company Secretary & Compliance Officer, signed the disclosure submitted to BSE Limited on June 16, 2026. The company stated that all orders received are in the ordinary course of business.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.99%	+6.08%	+4.69%	-35.66%	-67.34%	-67.34%

Venu Gopal Peruri, Promoter and Managing Director of meta infotech , has acquired 16,800 equity shares through open market purchases on BSE Limited. The transactions took place over four days between June 8, 2026, and June 12, 2026, increasing his stake in the IT services company.

The acquisition represents approximately 0.09% of the paid-up equity share capital of Meta Infotech Limited. Following the purchase, Peruri's total holding stands at 1,31,91,521 shares, which constitutes 69.87% of the company's total voting capital. The shares have a face value of INR 10 each.

Acquisition Details

The shares were purchased in multiple tranches on the BSE. The breakdown of the daily acquisition is as follows:

Date	Shares Acquired
June 8, 2026	5,600
June 9, 2026	4,000
June 11, 2026	4,000
June 12, 2026	3,200
Total	16,800

Shareholding Pattern

The voluntary disclosure was submitted to the stock exchange in the interest of good corporate governance and transparency. The filing notes that the acquisition does not result in a change of 2% or more in the promoter's shareholding compared to the last disclosed figure, and therefore does not trigger the mandatory disclosure requirements under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.