We are pleased to inform that the comapny ahs received a new contract of Rs. 1943307.67 from Indian Railways, Sourthern Railways, Ministry of Railways. For more details kindly refer attached file.
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ITCONS E-Solutions has secured a new contract from Indian Railways, Southern Railway (Ministry of Railways) for deploying 6 resources on a manpower outsourcing basis. The contract is valued at approximately Rs. 19.43 lakh (INR 19,43,307.67) inclusive of all taxes and duties. It is a domestic order with a one-year tenure, starting March 1, 2026 and ending February 28, 2027, with the possibility of extension by mutual agreement. The company has no related-party interest in the awarding entity. The contract size is modest and represents recurring government business rather than a transformative deal.
This is a small-ticket, routine government order that reinforces ITCONS' relationship with public-sector clients but is unlikely to materially move the stock or alter its financial trajectory. Shareholders should treat it as incremental positive news rather than a game-changer.