Corporate Actions
Meta Infotech bags orders worth Rs 4 crore

19-Feb-26   17:43 Hrs IST
The company received a fresh order worth Rs 2.58 crore from one of India's leading stock exchanges for software subscription services for the period from 31 January 2026 to 31 January 2027. The contract entails a three-year commitment with annual renewal and is to be executed within 90 days.

Further, the company has obtained a renewal order worth Rs 1.56 crore from a leading private sector bank for Database Activity Monitoring (DAM) licenses for the period from 4 January 2026 to 22 October 2026. The order is to be executed within 15 days.

Both contracts are awarded by domestic entities. The promoter/promoter group has no interest in the awarding entities, and the transactions do not fall under related party transactions.

Meta Infotech is engaged in trading and providing services related to cybersecurity software products.

The company reported a 60.7% surge in consolidated net profit to Rs 10.51 crore, while revenue from operations rose 40.3% to Rs 152.13 crore in FY25 over FY24.

Shares of Meta Infotech slipped 1.30% to end at Rs 92.14 on the BSE.

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