ITCONS e-Solutions Ltd has secured a substantial contract from the Indian Army, marking a significant achievement in the company's government sector engagement. The manpower outsourcing contract, valued at ₹85.38 lakh, demonstrates the company's growing presence in defense sector services.

Contract Overview

The contract has been awarded by the Indian Army, Department of Military Affairs, Ministry of Defence, for providing comprehensive manpower outsourcing services. The engagement involves the deployment of 31 resources over a structured timeline, showcasing the company's capability to handle substantial workforce requirements for defense operations.

Contract Terms and Execution

The contract is scheduled to commence on April 29, 2026, and will remain in force until April 3, 2027. The agreement includes provisions for potential extension through mutual consent between the parties, providing flexibility for continued engagement based on operational requirements.

The nature of services falls under manpower outsourcing, indicating ITCONS e-Solutions' expertise in providing skilled personnel for specialized defense sector requirements. The domestic contract reinforces the company's position as a trusted service provider for government agencies.

Regulatory Compliance and Transparency

The company has disclosed this contract under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full regulatory compliance. The disclosure confirms that:

• The contract involves no related party transactions
• No promoter or group company interest exists in the awarding entity
• All terms comply with arm's length transaction principles

Strategic Significance

ITCONS e-Solutions has characterized this contract as a significant milestone, reflecting the continued trust placed in the company by government agencies. The engagement with the Ministry of Defence through the Indian Army represents a notable achievement in the company's portfolio of government sector contracts.

The contract value of ₹8538027.08, inclusive of all duties and taxes, provides a clear revenue stream for the company over the one-year engagement period. This domestic contract strengthens the company's position in the government services sector while demonstrating its operational capabilities in defense-related manpower services.

ITCONS E-Solutions Limited has filed its mandatory initial disclosure under the SEBI Large Corporate framework for FY 2026-27, confirming its status and financial position as required by regulatory guidelines. The disclosure was submitted to BSE Limited on April 10, 2026, in compliance with SEBI operational circular requirements.

Regulatory Compliance and Framework

The disclosure was made pursuant to SEBI Operational circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, as amended by the latest SEBI Circular No. SEBI/HO/DDHS/DDHS-PODI/P/CIR/2023/172 dated October 19, 2023. This framework requires entities to provide initial disclosures regarding their classification under the Large Corporate criteria established under Chapter XII of the SEBI operational guidelines.

Company Financial Position

The company provided key financial and operational details as part of its regulatory submission:

Large Corporate Classification Status

ITCONS e-Solutions Limited has explicitly confirmed that it does not qualify as a Large Corporate under the applicability criteria specified in Chapter XII of the SEBI Operational circular dated August 10, 2021, read with the latest SEBI Circular dated October 19, 2023. This classification determines the company's obligations under the regulatory framework for borrowing requirements and compliance measures.

Authorized Signatories and Documentation

The disclosure document was duly authorized and signed by key company officials on April 10, 2026:

• Pooja Gupta - Company Secretary & Compliance Officer
• Chetan Prakash Mittal - Chief Financial Officer

Both officials provided digital signatures confirming the accuracy and completeness of the information submitted to the regulatory authorities. The document was prepared and submitted from the company's Noida office, ensuring compliance with the prescribed timeline for such regulatory filings.