Vintron Informatics Limited has announced a significant business development, securing a contract worth approximately Rs. 25.00 crore from M/s Hanish Buildcon Infra Ventures Private Limited. The contract, spanning 12 months, involves the provision and installation of CCTV systems with data storage elements, along with miscellaneous electronic and electrical work.

Contract Details

The contract, awarded by a domestic entity, encompasses the following key aspects:

• Value: Approximately Rs. 25.00 crore
• Duration: 12 months
• Scope: Providing and fixing CCTV systems with data storage elements, along with miscellaneous electronic and electrical work
• Client: M/s Hanish Buildcon Infra Ventures Private Limited

Project Commencement

The commencement date for the project will be communicated after site clearance is obtained from the concerned authority. This approach ensures that all necessary approvals are in place before work begins, potentially minimizing delays and complications during the execution phase.

Corporate Governance and Transparency

Vintron Informatics has confirmed that the contract does not involve any promoter group interest or related party transactions. This disclosure aligns with the company's commitment to transparency and good corporate governance practices.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Vintron Informatics has made a formal disclosure to the Bombay Stock Exchange. The company has provided detailed information about the contract in accordance with SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015.

Company Outlook

This contract represents a significant business opportunity for Vintron Informatics, potentially boosting its revenue and market presence in the electronic security and infrastructure sector. The successful execution of this project could position the company for similar contracts in the future, contributing to its growth trajectory.

Investors and stakeholders will likely monitor the progress of this project closely, as its successful completion could have positive implications for the company's financial performance and market standing.

Vintron Informatics has announced a significant business development, securing a substantial contract worth approximately Rs. 28.17 crore from M/s Savy Infra & Logistics Limited. The contract, spanning 12 months, involves the provision and installation of CCTV systems with data storage elements, along with miscellaneous electronic and electrical work.

Contract Details

The contract, awarded by a domestic entity, includes the following key points:

• Value: Rs. 28.17 crore
• Duration: 12 months
• Scope: Providing and fixing CCTV systems with data storage elements, along with miscellaneous electronic and electrical work
• Client: M/s Savy Infra & Logistics Limited

Project Timeline

The commencement date for the project will be communicated after obtaining site clearance from the concerned authorities. Vintron Informatics has stated that the entire work is to be completed within the 12-month timeframe specified in the contract.

Corporate Disclosure

In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Vintron Informatics has made a formal disclosure to the Bombay Stock Exchange. The company has provided additional details in Annexure-A, adhering to SEBI Circular CIR/CFD/CMD/4/2015 dated September 6, 2015.

Key Points from the Disclosure

1. The contract has been awarded by a domestic entity.
2. The scope of work is in accordance with the tender agreement and specified conditions.
3. The contract does not involve any related party transactions.
4. Neither the promoter, promoter group, nor group companies have any interest in M/s Savy Infra & Logistics Limited.

This new contract represents a significant business opportunity for Vintron Informatics, potentially boosting its revenue and market presence in the security and surveillance sector. The successful execution of this project could position the company for future growth in similar large-scale CCTV and electronic infrastructure projects.