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CWD LIMITED Signs LOI for Sound Boxes worth over Rs. 20 Crores



Posted On : 2024-03-04 22:14:07( TIMEZONE : IST )

CWD LIMITED Signs LOI for Sound Boxes worth over Rs. 20 Crores

CWD Limited, a leading player in the electronics industry, announced the signing of a Letter of Intent for the supply of "Sound Boxes," with a prominent financial services company resulting in a revenue surge exceeding 20 crores.

"Providing quality Made in India products and services targeted towards the upliftment of our people and economy was one of the reasons we entered the fintech sector with our Sound Box product and software solutions. The forging of this relationship further reaffirms the industry's sentiment about CWD as an important player in this ecosystem.", said Siddhartha Xavier, CSO and Joint MD of CWD Limited.

The LOI follows the company's previous announcement of a 25 crore order for our design, development and manufacturing services for our Sound Box product line.

CWD LIMITED remains dedicated to providing top-notch solutions that meet the evolving needs of our clients. As we celebrate this milestone, we look forward to continuing our journey of innovation, growth, and delivering value to our esteemed clientele.

Source : Equity Bulls

Keywords

CWD LOI OrderWin SoundBoxes