Contract Details
Aptech Limited has been awarded a contract from a domestic state government body to conduct skill development training programs. The contract includes specific Terms and Conditions, Statement of Work, respective deliverables, Service Level Agreement, and payment terms. The contract is domestic in nature and does not involve any international elements.
Financial Consideration
The estimated contract value is ₹4.79 crores. The company has confirmed that the promoter/promoter group/group companies have no interest in the entity that awarded the contract, and the order does not qualify as a related party transaction.
Execution Timeline
The skill development training program is estimated to commence in August 2026. The disclosure confirms that the transaction is at arm's length and complies with all regulatory requirements.
Company Background
Aptech Limited is described as a pioneer in non-formal vocational training business in India with significant global presence, operating since 1986 with over 747 centers globally. The company operates in diverse sectors including IT training, media & entertainment, retail & aviation, beauty & wellness, banking & finance, and preschool segments through its Individual Training and Institutional Business streams.