The Company is pleased to inform that it has entered into agreement with Instakart Services Private Limited for providing manpower services. For more details, please refer attached file
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ITCONS E-Solutions has signed an agreement with Instakart Services Private Limited, the logistics and last-mile delivery arm of Flipkart, to provide manpower services. The services will cover skilled, semi-skilled, and unskilled personnel for Instakart's supply chain and logistics operations across India. The size or financial value of the agreement has not been disclosed — it will be determined based on the actual scope of work executed between the parties. The counterparty is not related to ITCONS' promoters or group companies, and there is no shareholding involved.
This is a new business engagement with a major e-commerce logistics player, which could support future revenue growth. However, with no disclosed contract value, investors cannot gauge the financial impact at this stage. The stock may see limited immediate reaction until further details emerge.