Aarvi Encon Limited has informed the Exchange about Bagging/Receiving of orders/contracts
AARVI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Aarvi Encon Limited has been awarded a 3-year work order by a leading global energy technology company in India for supplying technical manpower on an outsourcing basis across project sites and offices in India. The contract is effective from September 1, 2025 to August 31, 2028. The order value is open-ended and billed based on actual manpower deployment, with an approximate value of Rs. 24 crore over the 3-year period. The client name has been kept confidential due to a Non-Disclosure Agreement. The order is from a domestic entity and is not a related party transaction.
This order win provides revenue visibility for Aarvi Encon over the next three years. Since the contract is open-ended in value and tied to actual deployment, actual revenue could exceed the Rs. 24 crore estimate if manpower requirements scale up. Positive for order book, though material impact depends on the company's overall revenue base.