3i Infotech unit wins Rs 3 Cr order from Krung Thai Bank
3i Infotech (Thailand) Limited, a wholly owned step-down subsidiary of 3i Infotech, has won a contract worth THB 10,542,056.07 (approximately Rs 3 crore) from Krung Thai Bank Public Company Limited. The order, signed on July 9, 2026, involves talent deployment for digital transformation initiatives and is valid for 15 months from June 24, 2026, to September 20, 2027. The company made a voluntary disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015, as the value is below the materiality threshold.

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3i Infotech (Thailand) Limited, a wholly owned step-down subsidiary of 3i Infotech , has secured a contract from Krung Thai Bank Public Company Limited to support the bank's digital transformation initiatives. The agreement, signed on July 9, 2026, entails talent deployment across various technical domains including Full Stack Development, Backend Development (Java), and Frontend Development (Angular). The total value of the contract is THB 10,542,056.07 (approximately Rs 3 crore), exclusive of applicable taxes.
The order is valid for a period of 15 months, commencing from June 24, 2026, and concluding on September 20, 2027. The scope of work includes DevOps Engineering, Quality Assurance, Test Automation Engineering, Business Analysis, and Solution Architecture. These services are intended to support the customer's application development, enhancement, testing, and digital transformation projects.
Contract Details
| Particulars | Details |
|---|---|
| Client | Krung Thai Bank Public Company Limited (KTB), Thailand |
| Nature of Order | Talent deployment for digital transformation and development |
| Duration | 15 months (June 24, 2026 to September 20, 2027) |
| Contract Value | THB 10,542,056.07 (approx. Rs 3 crore) exclusive of taxes |
| Entity Type | International |
The disclosure was made voluntarily to the exchanges as the contract value is below the materiality threshold limits specified in Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the order does not involve any related party transactions and that the promoter group has no interest in the entity awarding the contract.
Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE748C01038/4599f8e174994dd3.pdf
Historical Stock Returns for 3I Infotech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.91% | +7.81% | +11.73% | +22.04% | -17.78% | +102.05% |
Could this contract pave the way for larger digital transformation deals with Krung Thai Bank beyond the current 15-month term?
How will this engagement impact 3i Infotech's revenue visibility from the Southeast Asian market in FY27?
Will the successful execution of this project allow 3i Infotech to pitch similar talent deployment solutions to other Thai banks?































