BSEIcon Facilitators LtdMediumNeutral
Announced Sat, 18 Apr · 12:51 IST

Intimation of Receipt of Order for Technical Manpower Services

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Price reaction · full curve 14 horizons · vs prior close
-3.5%1-day move
₹68.40
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AI summary

Icon Facilitators Limited has received a contract from Embassy Services Private Limited to provide Technical Manpower Services at Max Square Limited in Jaypee Wishtown, Greater Noida. The contract is valued at Rs. 1,38,48,488 (approximately Rs. 1.38 crore) with a duration of 12 months. This is a domestic order and has been confirmed as not a related party transaction. The company has disclosed this under SEBI Listing Regulations, providing full details as per the relevant SEBI circulars.

Likely market impact

The order represents new business for the company and should provide revenue visibility over the next 12 months. However, without knowing the company's total annual revenue, it is difficult to assess the significance of this contract to shareholders.