Dynacons Systems & Solutions Limited has informed the Exchange regarding a press release dated February 26, 2026, titled "Dynacons Secures Prestigious Project from Punjab & Sind Bank for Implementation and Management of On-Premises Private Cloud Infrastructure".
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Dynacons Systems & Solutions has secured a Rs. 108.88 crore (excluding GST) project from Punjab & Sind Bank, a public sector bank, for setting up and managing an On-Premises Private Cloud Infrastructure. The contract runs for five years and covers design, supply, implementation, and ongoing management of IT infrastructure, system software, and cloud services, including a Data Center and Disaster Recovery (DC–DR) environment. The solution will use technologies from Dell, VMware, Red Hat, and Microsoft, and includes server virtualization, storage, networking, security, backup, and migration services. Punjab & Sind Bank has over 1,610 branches across India. This is a domestic order with no related party interest from the promoters or group companies.
This is a sizeable, multi-year order win that strengthens Dynacons' order book and provides long-term revenue visibility. Securing a project from a large nationalized bank reinforces the company's credibility in enterprise-grade private cloud deployments and is likely to be viewed positively by the market.