Key Quantitative Figures
The aggregate value of the purchase orders is ₹13.11 crore (exclusive of applicable taxes). The contract period is one year from April 1, 2026 to March 31, 2027.
Dates of Action
The purchase orders were received on July 31, 2026. The disclosure was made to the exchanges on August 1, 2026.
Parties Involved
- 3i Infotech Limited (service provider)
- A leading private sector bank in India (client, name withheld due to confidentiality obligations)
Services Covered
The engagement covers application support, maintenance, enhancements, and implementation services.
Transaction Details
- Domestic entity and domestic transaction
- Not a related party transaction
- Promoter/promoter group/group companies have no interest in the entity that awarded the contract
- Transaction conducted at arm's length
The above information will also be made available on the company's website.