We are happy to announce that the company has been awarded new Contract worth Rs. 53,06,395.15/- from ICMR, Mumbai for providing manpower services for 2 years. For more details, please ....
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ITCONS E-Solutions has won a new contract from the Indian Council of Medical Research (ICMR), Mumbai, valued at approximately Rs. 53.06 lakh (inclusive of all taxes). The contract involves deploying 7 skilled and semi-skilled manpower resources. The contract runs for two years, from October 1, 2025, to September 30, 2027, with the possibility of extension by mutual agreement. This is a domestic order with no related-party interest, and the company describes it as a significant milestone reflecting continued trust from government agencies.
The contract is relatively small in absolute value and represents a steady, low-risk revenue stream from a credible government client. It is mildly positive for the company as it adds visibility over the next two years, but is unlikely to materially move the stock price on its own.