This is to inform you that company has received a work order from BFSI Sector Skill Council of India (BFSI SSC), an Initiative, for conducting training programs
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Sodhani Academy of Fintech Enablers Ltd has received a work order worth up to ₹20 Lakhs from BFSI Sector Skill Council of India (BFSI SSC) to conduct training programs in Rajasthan. The order covers two programs: the SEBI Investor Certificate Examination (Level 1) for 5,000 candidates and the NISM-Series-VA Mutual Fund Distributor Certification (Level 2) for 300 candidates. The company is responsible for mobilizing candidates, providing training infrastructure and faculty, maintaining attendance, and monthly reporting. Payment will be based on the number of successfully trained and certified candidates, with the contract valid until September 2025 (approximately 4 months). The order is from a domestic entity and is not a related party transaction.
This is a relatively small order (up to ₹20 Lakhs) tied to the company's financial literacy training business, providing near-term revenue visibility but unlikely to materially move the stock. It reinforces the company's positioning in BFSI skill development, though investors should note the contract is short-term and payment depends on successful candidate completion.