Intimation of awarding of new bid from ministry of defence. Fore more details, please refer the attached document.
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ITCONS E-Solutions has been awarded a new contract by Commander Works Engineer Utilities Delhi Cantt, Indian Army, under the Department of Military Affairs, Ministry of Defence. The scope of work is the deployment of skilled resources for technical work (manpower services). The total contract value is approximately ₹35.37 lakhs. The contract runs from August 1, 2025 to July 1, 2026 (about 11 months), with the possibility of mutual extension. It is a domestic order and is not a related-party transaction.
This is a relatively small contract in absolute value and likely modest in scale, but it adds to the company's government/defence order book and supports its credentials with the Indian Army. Short-term impact on the stock is likely limited, though repeat business from the defence sector is a positive qualitative signal.