Intimation of Receipt of Order for Technical Manpower Services
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Icon Facilitators Ltd has received a contract worth Rs. 89.31 lakhs from CBRE South Asia Private Limited for providing Technical Manpower services at Bechtel India Pvt. Ltd.'s site in Udyog Vihar, Gurugram. The contract is for a duration of 365 days (one year) and is classified as a domestic maintenance services contract. The transaction is not a related party deal and promoters have no interest in the awarding entity. The order has been awarded under a Master Service Agreement between CBRE South Asia and Icon Facilitators.
This is a routine contract win worth around Rs. 89 lakhs that adds to the company's order book. While the value is modest in absolute terms, it represents business from a reputed multinational client (Bechtel via CBRE), which could support steady revenue for the next year. No immediate share price catalyst expected given the small size relative to typical small-cap movements.