The Company has received letter of acceptance (LOA) frm RajCOMP Info Services Ltd.(RISL) for its engagement as the Local Service Provider for setting up and managing e-Mitra kiosks (Urban ....
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Atishay Limited has received a Letter of Acceptance from RajCOMP Info Services Ltd. (RISL), a Government of Rajasthan undertaking, to act as a Local Service Provider for setting up and managing e-Mitra kiosks across the Ajmer, Bikaner, and Jaipur divisions, covering 17 districts in Rajasthan. The engagement is for a period of 5 years and involves setting up, operating, and managing urban and rural e-Mitra kiosks that deliver government citizen services. The contract is structured as a revenue-share arrangement with no fixed contract value — earnings will depend entirely on the volume of transactions processed through the kiosks. The total contract value is not quantifiable at this stage. The company highlighted that this strengthens its long-term presence in the e-Governance space in Rajasthan, building on its existing kiosk network and operational expertise.
Positive for the stock in the medium to long term — this is a sizeable government-backed expansion that broadens the company's footprint across 17 districts. However, since revenue is variable and tied to transaction volumes, investors should note that actual earnings impact is uncertain and depends on adoption and usage of the kiosks.