ITCONS E-Solutions Bags Two-Year Contract worth INR 29.87 Lakh from Hindustan Aeronautics Limited
ITCONS E-Solutions Ltd has secured a new contract valued at INR 2,987,844.86 from Hindustan Aeronautics Limited (HAL). The deal involves providing manpower outsourcing services to the Department of Defence Production under the Ministry of Defence.The two year contract mandates ITCONS E-Solutions to provide six resources for HAL. The agreement is set to commence on August 04, 2026, and will remain in force until August 03, 2028, provided there is no mutual extension of the terms by both parties.
This contract represents a significant milestone for ITCONS E-Solutions, reflecting continued business with government agencies. The engagement is entirely domestic and was executed without any involvement of promoters or related party transactions.
Key details regarding the contract are summarized below:
| Particulars | Details |
|---|---|
| Client Entity | Hindustan Aeronautics Limited (HAL), Department of Defence Production, Ministry of Defence |
| Nature of Contract | Manpower Outsourcing Services |
| Contract Value | INR 2987844.86 (inclusive of all taxes and duties) |
| Scope | Deployment of 6 resources |
| Duration | 2 years, from August 04, 2026 to August 03, 2028 |
| Entity Type | Domestic entity |
Stock Price Movement
ITCONS E-Solutions Ltd. shares are dipping as of 11:30, trading at ₹288.50 after falling 1.42%. The stock has shown significant intraday movement, finding a low near ₹282.50 but previously reaching a high of ₹299.00.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.