ITCONS E-Solutions Ltd has secured a new contract valued at ₹81.33 lakh from the Board of Revenue, Government of Uttar Pradesh, to provide manpower outsourcing services. The agreement involves the deployment of 108 resources and is scheduled to commence on July 26, 2026, continuing until December 28, 2026. This domestic order underscores the company’s expanding footprint in government sector staffing solutions.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and aligns with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The total contract value of ₹81,32,756.4 is inclusive of all applicable taxes and duties. The Board of Revenue, Uttar Pradesh, awarded the contract to meet its operational staffing requirements for the specified period.

Contract Details

The following table outlines the key terms of the agreement as disclosed in the filing:

The contract is classified as a domestic transaction with no related-party involvement. The promoter group and group companies hold no interest in the entity awarding the order. The arrangement does not fall within the scope of related party transactions as defined under regulatory guidelines.

Operational Impact

This engagement reflects continued trust from government agencies in ITCONS E-Solutions’ ability to deliver specialized workforce solutions. The deployment of 108 resources indicates a significant operational commitment, requiring coordinated onboarding and management by the company’s service delivery team. The five-month tenure provides a defined revenue stream while allowing for potential extension based on performance and mutual consent.

As a listed entity, ITCONS E-Solutions Ltd maintains strict compliance with disclosure norms, ensuring transparency in contract acquisitions. The filing was signed by Pooja Gupta, Company Secretary & Compliance Officer, and submitted to the BSE Limited on July 27, 2026. The contract value, while modest in absolute terms, contributes to the company’s broader strategy of securing recurring government contracts through competitive bidding processes.

ITCONS E-Solutions Limited has scheduled its 22nd Annual General Meeting (AGM) for Wednesday, August 07, 2026, at 11:00 a.m. IST via video conferencing or other audio-visual means. The meeting will be held to transact business including the approval of director remuneration, re-appointment of directors, and alterations to borrowing and investment limits under the Companies Act, 2013. The company has also announced the timeline for remote e-voting, which will commence on August 02, 2026, at 09:00 a.m. and conclude on August 06, 2026, at 05:00 p.m.

The Board proposes to approve the resignation of Mr. R K Atri as Non-Executive Director and re-appoint Mrs. Pinky Gupta as Independent Director. Additionally, shareholders will vote on increasing the remuneration of Mr. Gaurav Mittal, Managing Director & CEO. Special resolutions have been tabled to raise the limits for granting loans, guarantees, and investments under Section 186, and for borrowing under Section 180(1)(c) of the Companies Act, 2013.

Key Resolutions

Members whose names appear in the Register of Members or the list of beneficial owners as on the cut-off date of Saturday, August 01, 2026, will be entitled to participate in the remote e-voting and attend the AGM. The facility for remote e-voting will be disabled after the stipulated deadline, and members who have already voted remotely will not be entitled to vote again during the meeting.