3C IT Solutions & Telecoms (India) Limited has announced receiving a purchase order worth Rs. 32.1 million from Credence Infotech for the supply of Lenovo laptops. The order, awarded by a domestic entity, reflects rising demand for IT hardware and strengthens the company’s business momentum.
3C IT Solutions & Telecoms (India) Limited has officially notified BSE Limited that it has secured a significant purchase order valued at Rs. 3,21,00,012 from Credence Infotech. The order pertains to the supply of Lenovo laptops and falls within the company’s ordinary course of business, underscoring its growing presence in India’s IT solutions market.
Key Highlights
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Delivery timelines will be executed as mutually agreed between the parties
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Payment terms are set at 60 days, with 18% GST included in the order value
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The contract is purely domestic, awarded by Credence Infotech, with no promoter group interest involved
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The order does not fall under related party transactions and is executed at arm’s length
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This development reaffirms 3C IT Solutions’ commitment to delivering high-quality IT products and services while capitalizing on rising demand in the enterprise hardware segment
Source: 3C IT Solutions & Telecoms (India) Limited, BSE Filing