Disclosure under Regulation 30 of SEBI LODR Award of order/contract received from Government of Gujrat from Education Dept. worth of Approx. Rs. 10.97 Crores.
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Infinity Infoway Limited has secured a government contract valued at approximately ₹10.97 Crore from the Knowledge Consortium of Gujarat, under the state's Education Department. The contract is for AI-based Data Analytics and Business Intelligence Services, including design, development, implementation, testing, operations, and maintenance of a Big Data Analytics platform, self-service BI framework, data repository, API integration, and dashboard solutions. The agreement, signed on 25th February 2026, has a tenure of 5 years. The contract value exceeds 10% of the Company's latest audited turnover, making it a material order. The transaction is in the ordinary course of business and is not a related party transaction.
This is a positive development for shareholders, as the contract exceeds 10% of audited turnover and provides revenue visibility over a 5-year period from a credible government client. It strengthens the order book and validates the company's capabilities in AI-based data analytics services.