3i Infotech Limited has informed the Exchange about Bagging/Receiving of orders/contracts
3IINFOLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
3i Infotech Limited has received a three-year order worth approximately Rs. 5.66 crores from a prominent Indian engineering and industrial solutions company specializing in power and industrial equipment. The order involves providing Managed IT Services, including end-user support, application development support, and infrastructure administration across multiple locations. The engagement will be executed under a Managed Services model with defined SLAs. The customer name has been withheld due to confidentiality obligations, and the disclosure is being made voluntarily as the amount is below the materiality threshold under SEBI regulations.
This is a relatively small, routine order well below the company's materiality threshold, so it is unlikely to materially move the stock. It indicates continued steady business activity for 3i Infotech's IT services segment but is not a game-changing win.