Gradiente Infotainment Limited (Gradiente) has bagged a GIS Project from VISICOM, for their US operations. This effort is part of Gradiente'sIT Division expansion and diversification plan with a project outlays of INR 100 Million in IT & ITES business. The entire expansion of Gradiente is likely to be funded partly by private placement, preferential allotment, debt & ADRs.

Currently, Gradiente is actively traded on Mumbai Stock Exchange (BSE). The first batch of work has been provided by VISCOM and the billing for the same is expected between April 30 and May 7 2023. This project has a potential to achieve a top-line of INR 100 Million approx.

and a bottom line of INR 20 Million approx. for the fiscal 2023-24.