Panache Digilife gets Rs 51.43 crore domestic laptop order

Panache Digilife Limited received a Rs 51.43 crore domestic IT-sector order, excluding goods and services tax (GST), to supply laptops with accessories, with execution expected in approximately 30 days, according to its November 02, 2026 exchange filing. The company also said the order is not a related-party transaction.

What order has Panache Digilife received?

Panache Digilife has received a work order to supply laptops with accessories to a domestic customer in the information technology sector. Its November 02, 2026 filing values the order at Rs 51.43 crore excluding GST and classifies both the customer and the transaction as domestic.

The company disclosed the work order under Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The filing’s annexure provides the order scope, expected execution period, consideration and relationship disclosures required under a SEBI master circular dated January 30, 2026.

The customer’s identity was not disclosed in the November 02, 2026 announcement. Panache Digilife described the awarding entity only as a domestic customer in the IT sector, without providing its location, the number of laptops ordered or the volume of accessories included in the Rs 51.43 crore consideration.

What will Panache Digilife supply under the order?

Panache Digilife will supply laptops with accessories under the Rs 51.43 crore work order. The annexure gives the same description, “Supply of Laptops with accessories,” for both the significant terms and the nature of the domestic order.

The filing does not identify laptop models, technical configurations, brands or the types of accessories involved. It also does not separate the Rs 51.43 crore pre-GST value between laptops and accessories, meaning the disclosed consideration applies to the combined supply scope.

Panache Digilife has not disclosed installation, maintenance, warranty or other service obligations in its November 02, 2026 filing. The stated mechanism is a hardware supply order, while payment milestones, delivery destinations, acceptance conditions and penalties are not specified.

When is Panache Digilife expected to execute the order?

Panache Digilife expects to execute the laptop-and-accessories order in approximately 30 days. This is the only execution timetable provided in the November 02, 2026 annexure for the Rs 51.43 crore domestic contract.

The use of “approximately” provides an expected duration rather than a fixed completion date. Panache Digilife does not say whether the 30-day period starts from the work-order date, nor does it disclose phased dispatch, separate delivery dates or milestones for the laptops and accessories.

The announced 30-day timetable is not a stated revenue-recognition or cash-collection date. The filing does not disclose when invoices will be raised, when the customer will accept deliveries or when Panache Digilife expects to receive payment for the Rs 51.43 crore order.

Who awarded the order and is it related to Panache Digilife?

Panache Digilife says the work order was awarded by a domestic customer in the IT sector and is not a related-party transaction. The company also stated that its promoters, promoter group and group companies have no interest in the entity that awarded the Rs 51.43 crore contract.

The filing separates the customer’s domestic classification from its relationship disclosures. Across the classifications reported, the customer and order are both domestic, while no international customer or international component is disclosed in the November 02, 2026 announcement.

Panache Digilife answered “No” to whether the work order would fall within related-party transactions. Since the transaction is not identified as related-party business, the annexure does not provide an assessment of whether it was conducted at arm’s length.

What does the Rs 51.43 crore consideration include?

The stated consideration is Rs 51.43 crore excluding GST for supplying laptops with accessories. The exclusion means the disclosed order value is before GST, and the company has not provided a GST amount or a total value inclusive of the tax.

Panache Digilife has not disclosed advance payments, dispatch-linked payments, post-delivery payments or customer-credit terms for the approximately 30-day order. The filing also does not provide fulfilment costs, expected margin, financing requirements or provisions related to the hardware supply.

The November 02, 2026 disclosure is an order-receipt announcement rather than a financial-results statement. It therefore provides the Rs 51.43 crore contract size and 30-day execution expectation, but no comparison with revenue, previous orders or profit from an earlier financial period.

Conclusion

Panache Digilife has disclosed a Rs 51.43 crore, pre-GST domestic IT-sector order for laptops with accessories. The filing establishes the supply scope, an approximately 30-day execution period and the absence of promoter, promoter-group or group-company interest in the customer, while confirming that the transaction is not related-party business.

The disclosed next milestone is execution within approximately 30 days of the announced work order. Panache Digilife has not provided the customer name, unit quantities, delivery schedule, payment terms or financial contribution, so a subsequent completion update or financial disclosure would be needed to resolve those matters.