Happy Square Outsourcing Services wins Rs 16.44 Lakhs order

1 min read     Updated on 23 Jul 2026, 10:21 AM
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Happy Square Outsourcing Services Limited has secured a work order worth approximately Rs 16.44 Lakhs from Govt Polytechnic Dhamtari C.G. The contract, awarded by the Technical Education Department Chhattisgarh, is for the provision of services from August 1, 2026, to July 31, 2027. This order is expected to generate revenue and strengthen the company's order book.

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happy square outsourcing services has secured a new work order worth approximately Rs 16.44 Lakhs from Govt Polytechnic Dhamtari C.G. The contract, awarded by the Technical Education Department Chhattisgarh, is expected to generate revenue over the execution period and strengthen the company's order book. The order was bagged on July 21, 2026, at 11:55 PM.

The work order falls within the ordinary course of business and was awarded by a domestic entity. There are no interests held by the promoter, promoter group, or group companies in the entity awarding the contract, and the transaction does not qualify as a related party transaction.

Contract Details

The services under the agreement are to be provided from August 1, 2026, to July 31, 2027. The consideration for the order is approximately Rs 16.44 Lakhs, inclusive of all taxes. The significant terms and conditions of the order are as per the work order document.

S.No. Details of Order/Contract Information
1. Name of entity awarding order Govt Polytechnic Dhamtari C.G. (Technical Education Department Chhattisgarh)
2. Ordinary course of business Yes
3. Domestic/International entity Domestic
4. Execution period 01.08.2026 to 31.07.2027
5. Broad consideration Approx. Rs 16.44 Lakhs (inclusive of taxes)
6. Promoter/Group interest No
7. Related party transaction No
8. Date of bagging contract 21.07.2026 at 11:55 PM

Historical Stock Returns for Happy Square Outsourcing Services

1 Day5 Days1 Month6 Months1 Year5 Years
-4.96%+4.50%-1.12%-16.95%-38.88%-45.45%

How will this new order impact Happy Square Outsourcing Services' revenue growth for the fiscal year 2026-27?

What is the company's strategy for securing more government contracts in the education sector?

Will this order lead to any expansion in the company's workforce or service capabilities?

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Happy Square Outsourcing Services wins Rs 91.41 Lakhs order from MIDHANI

1 min read     Updated on 11 Jul 2026, 04:16 PM
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AI Summary

Happy Square Outsourcing Services secured a Rs 91.41 Lakhs work order from MIDHANI on July 10, 2026, valid until March 31, 2028. The contract mandates compliance with labour laws and payment upon verification of invoices. This order is expected to bolster the company's revenue and order book.

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Happy Square Outsourcing Services has secured a new work order worth Rs 91.41 Lakhs from Mishra Dhatu Nigam Limited (MIDHANI). The contract, awarded on July 10, 2026, is expected to generate revenue of approximately Rs 91.41 Lakhs over its duration and strengthen the company's order book. The order falls within the ordinary course of business and was awarded by a domestic entity.

The services under this agreement are to be provided up to March 31, 2028. The contractor is required to comply with all applicable labour laws, including the timely payment of wages and statutory dues such as PF and ESI. Payments from the buyer will be made against duly verified invoices and supporting documents following satisfactory service delivery, with no advance payment payable.

Overtime, if approved by the buyer, will be compensated as per the contract terms. Additionally, any statutory revision in minimum wages during the contract period will be reimbursed by the buyer without altering the agreed service charges. All payments are subject to verification, applicable deductions, and compliance with contractual and statutory requirements.

The disclosure was made to the National Stock Exchange of India under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that neither the promoter group nor group companies hold any interest in MIDHANI, and the transaction does not qualify as a related party transaction.

Order Details

S.No. Details Information
1. Name of Client Mishra Dhatu Nigam Limited (MIDHANI)
2. Order Value Approximately Rs 91.41 Lakhs (inclusive of taxes)
3. Execution Period Up to March 31, 2028
4. Date of Order July 10, 2026
5. Promoter Interest No
6. Related Party Transaction No

Historical Stock Returns for Happy Square Outsourcing Services

1 Day5 Days1 Month6 Months1 Year5 Years
-4.96%+4.50%-1.12%-16.95%-38.88%-45.45%

How will this new order impact Happy Square Outsourcing Services' revenue growth for the current fiscal year?

What are the potential margins on this contract given the reimbursement terms for statutory wage revisions?

Could this contract with MIDHANI lead to further outsourcing opportunities within the defense and public sector?

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1 Year Returns:-38.88%