We are pleased to inform that our company has received new contract of INR 66865225.42 from Bank of Maharashtra, Department of Financial Services, Ministry of Finance. For more details ....
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ITCONS E-Solutions has secured a new contract valued at approximately INR 6.69 crore (₹6,68,65,225.42 inclusive of taxes) from Bank of Maharashtra, which operates under the Department of Financial Services, Ministry of Finance. The contract is for deploying 63 manpower resources and will run for three years, from February 1, 2026 to January 31, 2029. The work falls under the manpower outsourcing services category and is fully domestic with no related-party involvement. The company has described this order as a 'significant milestone,' suggesting it is materially important to its business.
This government-backed contract provides ITCONS with three years of revenue visibility and reinforces its credibility with public-sector clients. For shareholders, the order strengthens the order book, though the exact size relative to annual revenue is not disclosed in the filing.