3i Infotech Limited has informed the Exchange about Bagging/Receiving of orders/contracts
3IINFOLTD · price
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3i Infotech's US step-down subsidiary, 3i Infotech Inc., USA, has received a work order from a leading US credit union for design and implementation of a Zero Trust – Identity and Access Governance (IAG) solution in the cybersecurity domain. The engagement covers end-to-end deployment of the Saviynt IAM platform, including connector configuration, environment optimisation, and access risk reporting, to be executed over 10 months. The order is valued at approximately ₹1.26 crores (exclusive of taxes). The company has disclosed this voluntarily, noting that the amount falls below the materiality threshold under SEBI's listing regulations. The customer's name is being withheld due to confidentiality obligations.
The order is small in monetary terms and is unlikely to move the stock meaningfully, but it reinforces 3i Infotech's presence in the US cybersecurity/IAM space and adds another US credit union client to its portfolio.