Meridian Drivetrain - rate-contract renewal, 2026-27
Tuesday, 18 August · 11 am · 48 min · Meridian Drivetrain Ltd
What the room decided
Changes no record, and is the first thing everyone forgets.
What Corto would change · 4
Nothing is written until you confirm it, one at a time. Every change keeps the transcript as its source.
Corto CRM · Meridian Drivetrain deal
annual rate contract renewal 2026-27 · negotiation
value ₹2,40,00,000 (schedule +4%) · next step: price-down answer by 31 Aug (Deepak)
Task
created: Send Meridian the revised schedule confirmation and the IATF scope — Priya, due Friday
Corto CRM · Meridian Drivetrain deal
activity: 3% price-down asked; payment terms held at 60 days
Task
created: Hole-pitch corrective action to Meridian SQA, in writing, before the next audit — Shubhangi
Held — unsure what was said
Corto heard “Their SQA head asked for the hole-pitch corrective action in writing before the next audit.” at 71% confidence. It was choosing between: hole-pitch / whole pitch. Check the line before this is written.
What somebody has to answer
Asked of people who were not in the room. Corto asks before it writes.
Check with the person · Priya
Priya, did you already log the price-down ask on the Meridian deal?
If not: Corto writes it for you, tagged as updated by Corto AI, and you approve it.
The meeting said it and the deal record does not. One of the two is wrong.
What the company now knows
Meridian Drivetrain — how they buy
Annual rate contract, renewed each financial year. A price-down of 2-3% is asked for at every renewal as standard across their supplier base. Volume is committed as a half-yearly schedule; the second-half schedule for 2026-27 is up four per cent on brackets and housings. Payment terms 60 days.
Worth keeping because: Named in three meetings with this buyer. The next person to negotiate with them should not have to learn it again.