Aarvi Encon Limited has informed the Exchange about Bagging/Receiving of orders/contracts
AARVI · price
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Awaiting price reaction for this filing.
Aarvi Encon Limited has secured a work contract from a leading Indian renewable energy company (name kept confidential under NDA) for providing manpower on outsourcing basis across various project sites and offices in India. The contract is valued at approximately ₹8.32 crore and runs for two years, from August 28, 2025 to August 27, 2027. The order is domestic in nature, with no related party interest from promoters or group companies.
This two-year contract provides revenue visibility and adds a marquee renewable energy client to Aarvi Encon's order book, which is mildly positive for the stock. However, given the modest contract size relative to the company's scale, the immediate stock price impact is likely to be limited.