Meta Infotech Limited Secures Rs. 1.56 Crore Renewal Order from Private Sector Bank

1 min read     Updated on 19 Feb 2026, 09:17 PM
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Reviewed by
Ashish TScanX News Team
Overview

Meta Infotech Limited announced a renewal order worth Rs. 1,56,44,399 from a leading private sector bank for Database Activity Monitoring licenses, covering January 4 to October 22, 2026. The order, disclosed under SEBI regulations, is to be executed within 15 days and represents ordinary course business with no related party transactions involved.

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*this image is generated using AI for illustrative purposes only.

Meta infotech Limited has secured a significant renewal order worth Rs. 1.56 crores from a leading private sector bank, as disclosed to BSE Limited on February 19, 2026. The order pertains to Database Activity Monitoring (DAM) licenses and demonstrates the company's continued presence in the banking technology solutions sector.

Order Details and Specifications

The comprehensive order details reveal the scope and nature of this business engagement:

Parameter: Details
Order Value: Rs. 1,56,44,399 (excluding GST)
Client Type: Leading Private Sector Bank (Domestic)
Service Period: January 4, 2026 to October 22, 2026
Execution Timeline: Within 15 days
Nature of Service: Database Activity Monitoring (DAM) Licenses

The order amount of Rs. 1,56,44,399 translates to approximately Rs. 1.56 crores, representing a substantial engagement for the technology services provider. The contract spans nearly 10 months, from early January through late October 2026.

Regulatory Compliance and Disclosure

Meta Infotech Limited filed this disclosure pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Komal Toshniwal signed the regulatory filing, ensuring compliance with corporate governance requirements.

The company confirmed that:

  • The order falls within the ordinary course of business
  • No promoter or promoter group companies have interest in the awarding entity
  • The contract does not constitute a related party transaction
  • The client is a domestic entity

Business Implications

The Database Activity Monitoring licenses represent specialized technology solutions for banking sector security and compliance requirements. The renewal nature of this order indicates an ongoing business relationship between Meta Infotech Limited and the private sector bank, suggesting client satisfaction with previous service delivery.

The 15-day execution timeline demonstrates the company's capability to deliver technology solutions within tight schedules, while the substantial order value reflects the critical nature of database monitoring services in the banking sector.

Historical Stock Returns for Meta Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
+1.69%+2.18%-7.04%-42.66%-60.34%-60.34%

Meta Infotech Limited Secures Rs. 2.58 Crore Software Subscription Order from Leading Stock Exchange

1 min read     Updated on 19 Feb 2026, 03:50 PM
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Reviewed by
Naman SScanX News Team
Overview

Meta Infotech Limited has secured a Rs. 2.58 crore order from a leading Indian stock exchange for software subscription services covering the period from January 31, 2026, to January 31, 2027. The contract features a three-year commitment with annual renewal provisions and must be executed within 90 days. The order falls under the company's ordinary course of business and involves no related party transactions or promoter interests.

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*this image is generated using AI for illustrative purposes only.

Meta infotech Limited has announced securing a substantial order worth Rs. 2.58 crores from one of India's leading stock exchanges. The company disclosed this development through a regulatory filing dated February 19, 2026, in compliance with SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Order Details and Specifications

The contract involves software subscription services for a domestic stock exchange entity. The comprehensive order details are structured as follows:

Parameter: Details
Order Value: Rs. 2.58 crores (excluding GST)
Service Period: January 31, 2026 to January 31, 2027
Contract Nature: Software Subscription
Client Type: Leading Stock Exchange (Domestic)
Execution Timeline: Within 90 days

Contract Terms and Structure

The agreement represents a significant commitment structure with specific terms designed for long-term engagement. The contract includes a three-year commitment framework with annual renewal provisions, providing stability for both parties involved.

Key contract characteristics include:

  • Service Type: Software subscription services
  • Geographic Scope: Domestic operations
  • Renewal Structure: Annual renewal within three-year commitment
  • Business Classification: Ordinary course of business

Regulatory Compliance and Disclosure

Meta Infotech Limited has fulfilled all regulatory requirements under SEBI regulations for this announcement. The company confirmed that no promoter, promoter group, or group companies have any interest in the entity that awarded the order. Additionally, the contract does not fall within related party transaction categories.

Compliance Aspect: Status
Promoter Interest: Nil
Related Party Transaction: Not Applicable
Regulatory Filing: SEBI Regulation 30 compliant
Business Nature: Ordinary course of business

Business Impact and Operations

This order reinforces Meta Infotech Limited's position in providing technology solutions to India's financial market infrastructure. The software subscription model ensures recurring revenue streams and demonstrates the company's capability to serve critical financial institutions.

The 90-day execution timeline indicates the company's readiness to deploy solutions efficiently while maintaining service quality standards expected by leading financial market participants.

Historical Stock Returns for Meta Infotech

1 Day5 Days1 Month6 Months1 Year5 Years
+1.69%+2.18%-7.04%-42.66%-60.34%-60.34%

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1 Year Returns:-60.34%