Partner with us icon Partner with Us
Corporate Actions
Meta Infotech bags Rs 5-cr software subscription orders

26-Jun-26   13:22 Hrs IST
The orders comprise license subscription and implementation services. The real estate company awarded fresh orders worth Rs 77.59 lakh, including Rs 74.59 lakh for license subscription and Rs 3 lakh for implementation, for the period from 17 June 2026 to 16 June 2027.

The life insurance company placed fresh and renewal orders aggregating Rs 69.72 lakh for license subscriptions, valid from 1 June 2026 to 31 May 2027. Meanwhile, one of the largest private sector banks renewed its license subscription order worth Rs 3.96 crore for the period from 28 May 2026 to 27 May 2027.

All three contracts are to be executed within 15 days. The orders have been awarded by domestic entities and do not involve any related party transaction. The promoter, promoter group and group companies of Meta Infotech have no interest in the entities awarding the contracts.

Meta Infotech is engaged in trading and providing services related to cybersecurity software products. The company reported a 31.7% decline in standalone net profit to Rs 10.88 crore, while revenue from operations rose 23.4% to Rs 270.04 crore in FY26 over FY25.

Shares of Meta Infotech fell 3.66% to settle at Rs 81 on 25 June 2026. The Indian stock market is shut today, 26 June 2026, for Muharram.

Powered by Capital Market - Live News

Attention Investors:
Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. || KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. || No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.