We are pleased to inform that our company has bagged a new contract from Indian Council of Medical Research (ICMR) of work order of Rs. 12304256.25. For more details, refer attached file
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ITCONS E-Solutions has won a new contract from the Indian Council of Medical Research (ICMR), under the Ministry of Health and Family Welfare, for deploying 33 resources. The total contract value is Rs. 1,23,04,256.25 (approx. Rs. 1.23 crore), inclusive of all taxes. The contract runs for one year, from June 02, 2026 to June 01, 2027, and may be extended by mutual agreement. The work relates to manpower outsourcing services and is purely a domestic order. The company describes it as a significant milestone that reflects continued trust from government agencies.
Positive sentiment — adds a credit-backed government client and visible revenue visibility for FY27. However, the contract size (~Rs. 1.23 crore) is modest, so the immediate impact on stock price is likely to be limited unless more such orders follow.