Happy Square secures ₹0.0484 crore contract extension from Power Grid

1 min read     Updated on 02 Jun 2026, 08:49 AM
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Happy Square Outsourcing Services Limited received a contract extension from Power Grid Corporation of India Limited for manpower supply services valued at ₹0.0484 crore. The order, awarded on June 01, 2026, extends the original work order received in April 2023 for a period of three months.

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Happy Square Outsourcing Services Limited secured a contract extension from Power Grid Corporation of India Limited for manpower supply services valued at ₹0.0484 crore on June 01, 2026. This extension, awarded under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, reinforces the company's ongoing engagement with the domestic entity for a three-month period.

The original tenders for these services were initially awarded to the company in April 2023. The latest extension involves the supply of manpower services at the client's location as per the specific work order received. The transaction falls within the ordinary course of business and does not constitute a related party transaction, with no interest declared by the promoter or group companies in the awarding entity.

Poonam Rajpal, Whole Time Director, confirmed the development in a regulatory filing. The contract extension is valued at approximately ₹0.0484 crore and is scheduled for execution over the next three months.

Contract Details

Details Description
Name of Client Power Grid Corporation of India Limited
Nature of Business Domestic
Service Type Supply of Manpower Services
Execution Period 03 Months
Order Value ₹0.0484 Crore
Date of Order 01.06.2026 at 11:35 AM

Historical Stock Returns for Happy Square Outsourcing Services

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+9.85%+13.05%-41.32%-44.84%-44.84%

Will this three-month extension lead to a more long-term agreement with Power Grid Corporation of India Limited?

How does this contract renewal impact Happy Square's revenue outlook for the current fiscal year?

Is the company pursuing similar contract extensions with other major clients to ensure steady revenue streams?

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Happy Square confirms no promoter share encumbrance in FY26

1 min read     Updated on 27 May 2026, 02:23 AM
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Happy Square Outsourcing Services Limited disclosed that its promoters and promoter group did not encumber any shares during FY26. The confirmation was submitted to NSE on April 06, 2026, complying with SEBI (SAST) Regulations.

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happy square outsourcing services has confirmed that its promoters and promoter group did not create any encumbrance on shares held by them during the financial year ended March 31, 2026. The disclosure, submitted to the National Stock Exchange of India Ltd. on April 06, 2026, confirms compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The confirmation was provided by Shraddha A Rajpal, Managing Director and Promoter, on behalf of the promoter and promoter group. The declaration explicitly states that no shares were encumbered directly or indirectly during the specified period. This filing serves as an annual confirmation required under the aforementioned regulations.

Regulatory Filing Details

The submission was addressed to the Listing Department of the National Stock Exchange of India Ltd. located at Bandra Kurla Complex, Mumbai. The document was digitally signed by Shraddha Rajpal, whose Director Identification Number (DIN) is 03613692.

Key Information

Detail Information
Regulation Regulation 31(4) of SEBI (SAST) Regulations, 2011
Financial Year Year ended March 31, 2026
Filing Date April 06, 2026
Encumbrance Status None

Happy Square Outsourcing Services Limited, listed under the symbol WHITEFORCE, operates under the brand White Force. The company is registered at Rajpal Tower, Jabalpur, Madhya Pradesh.

Historical Stock Returns for Happy Square Outsourcing Services

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+9.85%+13.05%-41.32%-44.84%-44.84%

What impact will this clean encumbrance status have on investor confidence and stock liquidity for WHITEFORCE?

Does the absence of share encumbrance indicate that Happy Square is prioritizing internal funding over debt for future expansion?

How might this compliance influence the company's eligibility for corporate actions such as dividend payouts or buybacks?

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1 Year Returns:-44.84%