BSEIcon Facilitators LtdMediumPositive
Announced Sat, 23 May · 15:14 IST

Intimation of Receipt of Order for Mechanical and Engineering Manpower Services

Business Updates View source PDF

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₹49.39
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AI summary

Icon Facilitators Ltd has received a domestic order from M-Worth Facility Services Private Limited for providing Mechanical and Engineering Manpower Services at Trump Tower, Sector-65, Gurgaon. The contract value is Rs. 2,69,15,636 (approximately Rs. 26.92 crore) with a duration of 11 months (330 days). The company clarified this is not a related party transaction and none of the promoters have any interest in the entity awarding the order. This is a service contract for manpower supply at a commercial location.

Likely market impact

The order represents a new service contract for Icon Facilitators but appears to be a routine business win from a private client. Without comparable revenue data, the significance of this order to the company's financials cannot be fully assessed. This is a positive but likely incremental development for the staffing services company.