Nanta Tech Signs ₹14.40 Crore Robotics Deal With Connplex Cinemas; Shares Hit 5% Upper Circuit

Highlight Summary: Meta Title: Meta Description: Mumbai, June 8: Nanta Tech Limited said it has signed a Letter of Intent (LOI) with Connplex Cinemas for deployment and operation of 100 AI-powered marketing and delivery robots across the cinema chain’s network.

According to the company’s exchange disclosure filed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, the engagement will operate under a Robot-as-a-Service (RaaS) subscription model.

The company said the agreement involves deployment of Allbotix AT10 robots in phased batches beginning June 2026. The proposed arrangement carries an indicative contract value of ₹14.40 crore excluding GST over the tenure period.

Under the commercial structure, Connplex Cinemas will pay a monthly RaaS fee of ₹40,000 per robot, with full deployment expected to generate a monthly run-rate of nearly ₹40 lakh.

Nanta Tech clarified that ownership of the hardware, software, AI models and intellectual property will remain with the company throughout the contract duration.

Stock Market Snapshot

Nanta Tech share price witnessed strong buying activity after the company announced the robotics deployment agreement.

Shares of the company closed at ₹410.25, up 4.99% on June 8, 2026, hitting the upper circuit limit during the session. The stock gained ₹19.50 compared with the previous close of ₹390.75.

The sharp move reflected investor enthusiasm around the company’s expansion into AI-enabled automation services and the recurring revenue visibility associated with the subscription-based RaaS model.

Market participants also tracked the scale of deployment, as the order involves 100 robots across a commercial entertainment network.

Robotics Expansion Strengthens AI Automation Business

The Connplex Cinemas engagement marks one of Nanta Tech’s larger commercial deployments in the service robotics segment.

As per the company’s release, deployment will take place in 10 phases with 10 robots in each batch. The contract tenure is expected to run for 36 months from the go-live date of each deployed unit.

The company noted that the arrangement strengthens its recurring revenue base while supporting commercialisation of its Allbotix platform in high-footfall customer environments.

Managing Director Mayank Jani said the agreement validates the scalability of Nanta Tech’s robotics and AI platform and strengthens revenue visibility through long-term subscription-based deployment.

Company Background

Nanta Tech Limited operates across audio-visual integration and robotics solutions businesses.

The company develops AI-enabled service robots for logistics, delivery, hospitality and customer interaction use-cases while also providing deployment, maintenance and automation support services.

Its robotics vertical focuses on integrated digital and physical automation systems aimed at improving operational efficiency and customer engagement.

Conclusion

The ₹14.40 crore robotics deployment agreement provides Nanta Tech with a sizeable recurring-revenue opportunity and strengthens its positioning in India’s emerging commercial robotics market.

Investors are likely to monitor execution timelines, deployment milestones and additional enterprise automation partnerships in the coming quarters.

Source: 

• https://www.bseindia.com/stock-share-price/nanta-tech-ltd/nanta/544668
• https://www.bseindia.com/xml-data/corpfiling/AttachLive/fb42b6f7-f86d-4f2e-9cb2-37ea2eb59a76.pdf