AAA Technologies Limited has announced receiving a substantial work order from National Informatics Centre Services Incorporated (NICSI) worth Rs 56,64,000. The company disclosed this material event under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015, highlighting the significance of this contract for its business operations.

Work Order Details

The work order, numbered M2600114 and dated April 2, 2026, pertains to providing Application Security Audit and Compliance Services for the Municipal Corporation of Delhi project. This engagement demonstrates AAA Technologies' expertise in cybersecurity services and its established relationship with government organizations.

Service Specifications and Deployment

The contract requires AAA Technologies to deploy 4 senior auditors for a six-month period, from April 1, 2026, to September 30, 2026. The services will be provided at the Municipal Corporation of Delhi, 24th Floor, Dr. SPM Civic Center, New Delhi-110002.

The unit rate per senior auditor is set at Rs 2,00,000 per month, excluding taxes. The contract falls under HSN/SAC Code 998319 and includes an 18% IGST component, reflecting the interstate nature of the service provision.

Compliance and Performance Requirements

As part of the contract terms, AAA Technologies must furnish a Performance Bank Guarantee (PBG) equivalent to 3% of the work order value. The PBG must be submitted within 15 days of the purchase order issuance, given the six-month project duration. Payment will be made quarterly based on the pro rata amount of work completed, subject to satisfactory performance certificates from the NIC Coordinator.

Company Background and Empanelment

AAA Technologies Limited, an ISO 9001:2015 and ISO 27001:2013 certified company, is empanelled by CERT-In for IT Security Auditing Services. The current work order is issued under the company's empanelment number 10(21)/2022-AAA, which remains valid until September 24, 2027. This empanelment enables the company to receive direct work orders from NICSI for various cybersecurity and IT audit services.

The successful acquisition of this work order reinforces AAA Technologies' position in the government IT security sector and demonstrates its capability to handle critical cybersecurity projects for key government departments.

AAA Technologies Limited has completed the regulatory requirements for its postal ballot process by publishing newspaper advertisements regarding the re-designation of Mr. Venugopal Madanlal Dhoot as Managing Director. The company submitted the newspaper advertisement copies to BSE Limited and National Stock Exchange of India Limited on March 18, 2026, in compliance with Regulation 30 and Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Newspaper Advertisement Publication

The postal ballot notice was published in two newspapers on March 18, 2026, ensuring wide dissemination of information to shareholders. The company fulfilled its regulatory obligations by advertising in both English and regional language publications.

E-Voting Schedule and Process

The remote e-voting facility for the postal ballot remains available to shareholders for a 30-day period. The voting process commenced on Thursday, March 19, 2026, at 9:00 a.m. IST and will conclude on Saturday, April 18, 2026, at 5:00 p.m. IST. The company has appointed M/s VKM & Associates, Practicing Company Secretaries, as the scrutinizer to conduct the postal ballot process in a fair and transparent manner.

Managing Director Re-designation Details

The postal ballot seeks approval through a Special Resolution for the re-designation of Mr. Venugopal Madanlal Dhoot (DIN: 02147946) as Managing Director. The Board of Directors approved his appointment as Managing Director with effect from March 06, 2026, subject to shareholder approval. The appointment is for the balance tenure period until September 25, 2030.

Regulatory Compliance

The newspaper advertisement publication ensures compliance with SEBI regulations requiring public disclosure of material events. The postal ballot notice is also available on the company's website at www.aaatechnologies.co.in , the e-voting service provider's website, and on the websites of BSE Limited and National Stock Exchange of India Limited. Shareholders whose names appear on the Register of Members as on the cut-off date of March 13, 2026, are eligible to participate in the e-voting process.