ITCONS e-Solutions Limited has made a regulatory disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding the award of a new contract.
Contract Details
- Awarding Entity: Indian Army, Department of Military Affairs, Ministry of Defence
- Contract Value: INR 67,41,660.26 (Rupees Sixty-Seven Lakh Forty-One Thousand Six Hundred Sixty and Twenty-Six paisa only), inclusive of all taxes and duties
- Nature of Contract: Manpower Outsourcing Services
- Scope: Deployment of 18 resources
- Contract Period: One year, commencing October 17, 2026 through September 16, 2027
- Extension Clause: May be extended further by mutual agreement between the parties
- Geographic Scope: Domestic contract awarded by domestic entity
Related Party Considerations
The company confirmed that:
- Promoter/promoter group/group companies have no interest in the entity that awarded the contract
- The contract does not qualify as a related party transaction
Management Commentary
The company describes this contract as "a significant milestone" that "reflects the continued trust placed in us by Government agencies."