PT. Aarvi Encon Services, a step-down subsidiary of aarvi encon , has secured a work contract from a leading multinational EPC company in Indonesia. The two-year manpower supply contract is valued at approximately ₹15.87 Cr, effective from June 15, 2026. This order expands the subsidiary's operational footprint in the international market.

The contract involves the supply of manpower for the EPC major's operations in Indonesia. The consideration amount is subject to variation due to exchange rate fluctuations. The identity of the client remains confidential as per the terms of a Non-Disclosure Agreement.

The confirmation of the award was received on June 18, 2026. The company disclosed that neither the promoter group nor group companies hold any interest in the entity awarding the contract. Furthermore, the transaction does not qualify as a related party transaction.

Jaydev Sanghavi, Executive Director & CFO of Aarvi Encon Limited, signed the regulatory filing submitted to the National Stock Exchange of India Limited. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Contract Details

Aarvi Encon Limited has scheduled a video conferencing meet with a group of investors on June 17, 2026. The meeting will focus on discussing and clarifying information available in the public domain concerning the industry and the company. The company confirmed that no unpublished price sensitive information (UPSI) will be shared during these interactions.

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III Part A Para A. The communication was addressed to the National Stock Exchange of India Limited.

The meeting is subject to changes due to possible exigencies on the part of the investors or the company. Leela Bisht, Company Secretary & Compliance Officer, signed the disclosure on behalf of Aarvi Encon Limited.