Key Quantitative Figures
The total contract value is ₹3,03,07,724.19 (Rupees Three Crore Three Lakh Seven Thousand Seven Hundred Twenty-Four and Nineteen paisa only), inclusive of all taxes and duties.
Dates of Action and Transaction
The contract is scheduled to commence on October 12, 2026, and shall remain in force until October 11, 2027. The disclosure was made to the exchange via a letter dated October 07, 2026.
Parties Involved
The contract was awarded to ITCONS e-Solutions Limited (Scrip Code: 543806) by the Rajiv Gandhi National Institute of Youth Development (RGNIYD), which operates under the Department of Youth Affairs, Ministry of Youth Affairs and Sports.
Purpose or Stated Rationale
The contract is for the provision of Manpower Outsourcing Services, specifically requiring the deployment of 79 resources for a period of one year.
Significant Terms and Conditions
The contract period is for one year, commencing from October 12, 2026, till October 11, 2027. It may be extended further by mutual agreement between the parties.
Additional Details from Annexure A
- Awarding Entity: Rajiv Gandhi National Institute of Youth Development (RGNIYD), Department of Youth Affairs, Ministry of Youth Affairs and Sports.
- Domestic/International: The contract was awarded by a domestic entity and is for domestic execution.
- Nature of Contract: Manpower Outsourcing Services.
- Promoter/Group Interest: The promoter/promoter group/group companies have no interest in the entity that awarded the contract.
- Related Party Transaction: The order/contract does not qualify as a related party transaction.
Company Commentary
The company states that this contract "marks a significant milestone" and "reflects the continued trust placed in us by Government agencies."
#Tags: #ITCONS #OrdersAndContracts #SEBIDisclosure #RegulatoryCompliance #Positive