Dynacons Systems & Solutions Limited has informed the Exchange about Bagging/Receiving of orders/contracts
DSSL · price
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Dynacons Systems & Solutions has secured additional orders valued at Rs. 51.28 crore (excluding GST) from State and District Co-operative Banks operating under the supervision of NABARD. The five-year contract covers an Advanced Core Banking as a Service (CBaaS) solution based on Infosys Finacle 10.2.25, including migration from legacy systems, deployment on Dynacons Cloud, and comprehensive maintenance with dedicated onsite resources. The order specifically includes the Himachal Pradesh State Cooperative Bank Ltd., covering implementation across 262 branches and 10 administrative offices. This builds on Dynacons' existing collaboration with NABARD, which aims to bring rural cooperative banks onto a common technology platform for faster credit delivery and financial inclusion. The contract is domestic, with no related party involvement.
Positive — a multi-year, government-backed order worth Rs. 51.28 crore strengthens revenue visibility and reinforces Dynacons' position in the cooperative banking technology space, though the stock reaction will depend on order size relative to overall revenue.