3i Infotech subsidiary secures major talent deployment contract from Thai bank
A wholly owned step down subsidiary of 3i Infotech Limited, 3i Infotech (Thailand) Limited, has secured a significant contract for talent deployment with Krung Thai Bank Public Company Limited in Thailand. The agreement focuses on providing specialized expertise across several technology domains to support the client's digital transformation and application initiatives.The contract involves deploying skilled personnel specializing in Full Stack Development, Backend Development using Java, Frontend Development using Angular, DevOps Engineering, Quality Assurance / Test Automation Engineering, Business Analysis, and Solution Architecture. These services are intended to assist Krung Thai Bank with its application development, enhancement, testing processes.
Contract Details
The agreement spans a period of 15 months, commencing from June 24, 2026, and concluding on September 20, 2027. The total value of the contract is THB 10,542,056.07, exclusive of applicable taxes.Key details regarding the awarded contract are summarized below:
| Particulars | Details |
|---|---|
| Entity Awarding Contract | Krung Thai Bank Public Company Limited (KTB), Thailand |
| Nature of Business | Talent deployment in technology fields including Full Stack Development, Backend Development (Java), Frontend Development (Angular), DevOps Engineering, Quality Assurance / Test Automation Engineering, Business Analysis, and Solution Architecture. |
| Client Type | International entity |
| Contract Duration | 15 months (June 24, 2026 to September 20, 2027) |
| Broad Consideration | THB 10,542,056.07 exclusive of taxes |
The contract is not related to promoter or promoter group interests and falls outside the scope of related party transactions.
3IINFOLTD Stock Price Movement
As of 1:19 PM, the shares of 3i Infotech Limited are edging higher to ₹18.90, bolstered by a strong intraday gain of ₹0.66 or 3.62%. The stock has been highly active in live trading, with over 1.1 million shares changing hands today.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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