ITCONS E-Solutions Secures New Manpower Contract Worth INR 85.38 Lakh from Indian Army
ITCONS E-Solutions Ltd, formerly known as ITCONS E-Solutions Private Limited, has secured a new contract from the Indian Army, Department of Military Affairs, Ministry of Defence. The agreement involves providing 31 resources and has a total contract value of INR 8538027.08.The contract, classified as Manpower Outsourcing Services, is slated to cover a period of one year. The service period is scheduled to commence on April 29, 2026, and is set to remain in force until April 03, 2027, unless extended by mutual agreement between the parties.
The agreement marks a significant business achievement for the company, which operates as a domestic entity.
The key operational and financial details of the contract are summarized below:
| Particulars | Details |
|---|---|
| Contract Awarding Entity | Indian Army, Department of Military Affairs, Ministry of Defence |
| Nature of Service | Manpower Outsourcing Services |
| Scope of Work | Deployment of 31 resources |
| Total Contract Value | INR 8538027.08 (Rupees Eighty-Five Lakh Thirty-Eight Thousand Twenty-Seven and Eight paise only) |
| Commencement Date | April 29, 2026 |
| End Date | April 03, 2027 |
| Conflict of Interest | Neither the promoter nor the promoter group has any interest in the awarding entity, and the transaction is not a related party transaction. |
Stock Price Movement
As of 12:08, ITCONS E-Solutions Ltd shares are dipping to ₹369.80, having shed 0.78% today. The stock has remained volatile throughout the session, trading between an intraday low of ₹362.00 and an intraday high of ₹387.00.Source:
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