We are pleased to inform you that the company has been awarded a new contract by the Spices Board. Department of Commerce, Ministry of Commerce and Industry for providing manpower services. ....
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ITCONS E-Solutions has been awarded a one-year contract by the Spices Board, Department of Commerce, Ministry of Commerce and Industry, to provide manpower services. The contract is valued at ₹64.75 lakhs (INR 64,75,303.63) inclusive of all taxes. It runs from October 1, 2025 to September 30, 2026, and is a domestic order. The company confirmed no promoter group or related party interest in the awarding entity. Management described it as a significant milestone reflecting continued trust from government agencies.
The contract size is modest in absolute value, but it adds short-term revenue visibility and strengthens the company's credentials with government clients, which could support future order wins. The stock reaction is likely to be limited unless the company has a very small revenue base where this order is material.