We are pleased to inform that our company has bagged a new contract from Advanced Weapons and Equipment India Limited, Department of Defence Production , Ministry of Defence at a contract ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ITCONS E-Solutions Ltd has secured a one-year manpower outsourcing contract from Advanced Weapons and Equipment India Limited (AWEIL), a government entity under the Department of Defence Production, Ministry of Defence. The company will deploy 9 resources for a period starting June 1, 2026 to May 31, 2027. The total contract value is INR 27,86,468.35 (approximately ₹27.86 lakh). This is the company's first defence sector contract and marks its entry into providing services to a government defence agency.
Positive signal for shareholders as the company diversifies into the defence sector with a government client. However, the contract size of about ₹27.86 lakh is modest, so the financial impact on revenues will likely be limited in the near term.