We have received an award from Hindustan Aeronautics Limited. Refer attached file
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ITCONS E-Solutions has won a new contract from Hindustan Aeronautics Limited (HAL), a defence public sector undertaking under the Ministry of Defence. The contract is for providing 43 manpower resources under a manpower outsourcing arrangement. The total contract value is approximately Rs. 2.62 crore (INR 2,61,95,269.14) inclusive of all taxes, and it runs for two years from March 3, 2026 to March 2, 2028. The company described this as a significant milestone and highlighted continued trust from government agencies. The contract is domestic, and there is no related-party interest involved.
This is a modest-sized contract (around Rs. 2.6 crore over 2 years) from a prestigious defence PSU, which adds credibility to the company's order book. For a small-cap company, securing a government/defence client is a positive signal, though the order size is relatively small and shareholders should watch for larger follow-on orders to materially move the stock.