We are pleased to inform that our Company has received new contract from DG of Defence Estate, Department of Defence, Ministry of Defence of Rs. 17120844.53. Please refer attached file ....
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ITCONS E-Solutions has secured a new contract from the Directorate General of Defence Estate, Department of Defence, Ministry of Defence. The contract is for providing manpower outsourcing services involving deployment of 45 resources for a period of one year. The total contract value is Rs. 1,71,20,844.53 (approximately Rs. 1.71 crore) inclusive of all taxes and duties. The contract runs from May 1, 2026 to April 30, 2027 and may be extended by mutual agreement. The order has been awarded by a domestic government entity and is not a related party transaction.
This is a positive development as it reinforces ITCONS' credibility with government clients and adds a modest but steady revenue stream. The absolute contract size is small, so the immediate stock impact is likely limited, but it strengthens the company's order book in the government/defence segment.