NINtec Systems Limited has disclosed that its wholly owned subsidiary, NINtec Systems B.V. (Netherlands), has entered into a contract with a Finland-based client. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Nature of Contract
NINtec Systems B.V. will act as Strategic Technology Partner for the client, supporting the client's AI platform, integrations and overall technology operations.
Contract Details
- Client: Finland-based AI company (name withheld due to confidentiality obligations)
- Contract Value: Approximately EUR 1.10 million (~₹12.10 Crore)
- Geography: International (Finland-based client)
- Duration: Perpetual
- Execution Entity: NINtec Systems B.V., Netherlands (wholly owned subsidiary)
Client Business
The client is a Finland-based AI company building autonomous chatbots and AI agents for enterprises across multiple sectors including automotive, education, public sector and professional services. The client's product suite spans AI Chatbots and AI Agents, embedded conversion engines, conversation-analytics engine, and integration with CRM, ERP and backend systems.
Strategic Significance
This engagement reinforces NINtec's positioning as a technology partner for AI-driven businesses. The company reports that this is one of several AI mandates being closed in the current period, with a healthy pipeline of similar opportunities at advanced stages across geographies.
Additional Information
The contract has been added to the Company's consolidated order book. The INR equivalent (₹12.10 Crore) is indicative and computed at an assumed reference rate, with actual realization subject to currency movements.