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.
Aarvi Encon's step-down subsidiary in Indonesia, PT. Aarvi Encon Services, has secured a manpower supply contract from a leading multinational engineering company. The contract is valued at approximately INR 38.50 Crores and will run for 2 years starting May 1, 2026. The client's name is kept confidential under a Non-Disclosure Agreement. The contract size of INR 38.50 Crores represents a significant win for the company, being a multi-year international engagement in the manpower supply segment.
This international contract win, valued at ~INR 38.5 Crores over two years, represents positive business development for the company. The order size appears substantial relative to the company's likely revenue base, indicating potential for meaningful contribution to future earnings from overseas operations.