3i Infotech Limited Secures Contract with Leading Private Sector Bank for Application Services
3i Infotech Limited has secured a contract engagement with a leading private sector bank in India, spanning one year and valued at Rs. 13.11 crore. The agreement involves providing essential services including application support, maintenance, enhancements, and implementation to the domestic financial entity.The purchase orders were received on July 31, 2026. These contracts formalize a renewed engagement with the bank, which is described as a leading private sector institution in India.
The scope of work requires 3i Infotech Limited to deliver comprehensive support and enhancement services for the client’s applications over the contracted period.
Key details regarding the order awarded by the domestic entity are summarized below:
| Detail | Specification |
|---|---|
| Client Entity | A leading private sector bank in India |
| Nature of Engagement | Application support, maintenance, enhancements and implementation services |
| Engagement Duration | One year (from April 1, 2026 to March 31, 2027) |
| Contract Value | Rs. 13.11 crore, exclusive of applicable taxes |
The engagement confirms that the client is a domestic entity and confirmed there are no related party transactions involving the contract.
3IINFOLTD Stock Price Movement
On Friday, 3i Infotech Limited shares rallied, closing at ₹23.21 after gaining 2.92%, driven by positive market sentiment. The equity saw robust activity during the session, with a total traded volume of 1.6 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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