Innovision Ltd Awarded Work Order from Chhattisgarh State Marketing Corporation Limited
Innovision Limited has secured a work order from the Chhattisgarh State Marketing Corporation Limited for the provision of manpower services. The contract, which pertains to the supply of manpower to the Buyer's premises or any other premises approved by the Buyer, was granted on March 30, 2026.The work order outlines the engagement for Manpower Hiring Service, awarded by the Chhattisgarh State Marketing Corporation Limited, a domestic entity. The contract is structured to cover the supply of 451 Number of Manpower, billed at 3.85% of Service Charge. The service duration remains valid until the completion of the scope of services or the end of the contractual duration, whichever is earlier, unless mutually extended by both parties.
Contract Details
The key operational details of the awarded contract are summarized below:| Particulars | Details |
|---|---|
| Awarding Entity | Chhattisgarh State Marketing Corporation Limited |
| Nature of Service | Manpower Hiring Service |
| Consideration/Size | Supply of 451 Number of Manpower @3.85% of Service Charge |
| Contract Validity | Until completion of scope of services or end of contractual duration |
| Entity Type | Domestic |
Litigation Update
The company also confirmed details regarding a pending litigation. A petition has been filed by Prime work force Private Limited in the Hon'ble High Court of Chattisgarh at Bilaspur. This challenge questions the work order dated March 30, 2026, issued by the Chhattisgarh State Marketing Corporation Limited to Innovision Limited, concerning the supply of Man Power to the Chhattisgarh State Marketing Corporation Limited for Zone -6.Regarding the dispute, the company stated there are no adverse financial implications.
INNOVISION Stock Price Movement
Shares of Innovision Limited today slipped by 0.99% to settle at ₹316.6. Trading for the day saw the stock touch a low of ₹313.65, while the overall volume recorded stood at 87,885 shares.Source:
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