Nature of the Event
The disclosure is a regulatory filing for a new contract award.
Key Quantitative Figures
The aggregate contract value is ₹1,35,00,000 (Rupees One Crore Thirty-Five Lakh only), exclusive of applicable GST.
Parties Involved
The order was awarded by a reputed domestic private limited company based in Bengaluru. Due to contractual confidentiality obligations, the customer's name is not disclosed.
Purpose and Services
The engagement is for Educational Video Content Development and Production services. This includes preparation of learning materials, recording of educational sessions, and development of final video learning content. The services will cover topics across Artificial Intelligence, Machine Learning, Banking, Finance, and other skill-related courses.
Significant Terms and Conditions
- Invoicing is linked to accepted deliveries on a course-by-course basis.
- Payment terms are 30 days from the receipt of invoice.
Time Period for Execution
The order is to be executed up to 31 March 2027, subject to the terms of the contract.
Related Party Disclosure
The promoter/promoter group/group companies of Fusion Klassroom Edutech Limited have no interest in the entity awarding the contract. The contract does not fall within related party transactions.