Aptech Secures Rs 1.81 Crore Contract to Conduct Computer-Based Examinations for State Government Body
Aptech Limited, a pioneer in non-formal vocational training with a significant global presence since its commencement in 1986, has been awarded a contract by a State Government Body. The agreement involves providing computer-based examination services, estimated at Rs 1.81 crore.The State Government Body has appointed Aptech to conduct the examinations. A key component of the contract involves Aptech submitting the final list of Exam Cities and Exam centres (which must be audited by the State Government Body) along with the corresponding number of seats available.
Terms and conditions associated with the contract stipulated that Aptech Limited must ensure the examination is conducted as per the Request for Proposal (RFP) and Master Service Agreement (MSA). The services involve providing computer-based examination solutions, and the estimated commencement period for the exams is July 2026.
The assignment falls under the category of a domestic entity. Furthermore, company records confirm that there is no interest held by the promoter or the promoter group in the State Government Body, and the contract does not constitute a related party transaction.
Aptech Limited operates through two primary business streams: Individual Training and Enterprise Business Group. Through individual training, the company utilizes multiple brands including Arena Animation, Maya Academy of Advanced Creativity (MAAC), Lakmé Academy powered by Aptech, Aptech Learning, Aptech Aviation Academy, and Aptech International Preschool. Its enterprise business includes providing training and assessment solutions through Aptech Training Solutions and Aptech Assessment & Testing Solutions.
APTECHT Stock Price Movement
On Thursday, shares of Aptech Limited edged higher to close at ₹105.63, following a 0.05% gain from the previous session's close. The stock saw total traded volume reach 88,236 during the day.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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