ITCONS e-Solutions wins SAI contract worth ₹57.02 lakh

1 min read     Updated on 02 Jun 2026, 11:56 AM
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AI Summary

ITCONS e-Solutions has secured a one-year contract from the Sports Authority of India (SAI) to provide manpower outsourcing services. The contract, valued at ₹57,02,580, involves the deployment of six resources and is scheduled to commence on June 03, 2026.

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itcons e-solutions has secured a new contract from the Sports Authority of India (SAI), Department of Sports, Ministry of Youth Affairs and Sports, to provide manpower outsourcing services. The agreement, valued at ₹57,02,580, involves the deployment of six resources for a period of one year. This contract marks a significant milestone for the company, reflecting the continued trust placed in it by government agencies.

The contract is scheduled to commence on June 03, 2026, and shall remain in force until June 02, 2027, unless extended further by mutual agreement between the parties. The total consideration is inclusive of all taxes and duties. The disclosure was made to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Contract Details

The specific terms of the agreement were detailed in an annexure submitted to the exchanges. The order has been awarded by a domestic entity and falls outside the scope of related party transactions. The company confirmed that neither the promoter group nor group companies hold any interest in the entity awarding the contract.

Particulars Details
Name of Client Sports Authority of India (SAI), Department of Sports, Ministry of Youth Affairs and Sports
Nature of Order Manpower Outsourcing Services
Contract Period 1 year (June 03, 2026 to June 02, 2027)
Total Contract Value ₹57,02,580
Resources 6

The company stated that the execution of this order will contribute to its revenue during the financial year. The filing was signed by Pooja Gupta, Company Secretary & Compliance Officer, on June 02, 2026.

Historical Stock Returns for ITCONS E-Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
-4.99%-7.04%-8.14%-40.66%-34.89%+572.23%

Does this contract signal a broader strategy by itcons e-solutions to expand its footprint within the government sector?

What is the likelihood of the contract being extended beyond the initial one-year period, and how does that impact long-term revenue visibility?

How will the company manage the deployment of these resources given the significant gap between the announcement date and the contract commencement in 2026?

ITCONS e-Solutions secures ₹1.23 crore ICMR contract for outsourcing

1 min read     Updated on 01 Jun 2026, 06:28 PM
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AI Summary

ITCONS e-Solutions Limited has won a contract worth INR 12304256.25 from the Indian Council of Medical Research (ICMR) for manpower outsourcing services. The one-year contract, starting June 02, 2026, requires the deployment of 33 resources and is inclusive of all taxes.

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itcons e-solutions has secured a new contract from the Indian Council of Medical Research (ICMR) to provide manpower outsourcing services, reinforcing its position in the government sector. The agreement, valued at INR 12304256.25, mandates the deployment of 33 resources for a period of one year. This contract underscores the continued trust placed in the company by government agencies and represents a significant milestone for its business operations.

The contract is scheduled to commence on June 02, 2026, and shall remain in force until June 01, 2027, unless extended further by mutual agreement between the parties. The total consideration is inclusive of all taxes and duties. The order was awarded by a domestic entity, specifically the Department of Health Research, Ministry of Health and Family Welfare.

Contract Details

The disclosure was made to the BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the order does not involve any interest from the promoter, promoter group, or group companies in the entity awarding the contract. Furthermore, the transaction does not fall within related party transactions.

Particulars Details
Name of Client Indian Council of Medical Research (ICMR), Department of Health Research, Ministry of Health and Family Welfare
Nature of Order Manpower Outsourcing Services
Contract Value INR 12304256.25
Duration 1 year (June 02, 2026 to June 01, 2027)
Resources 33
Entity Type Domestic

Historical Stock Returns for ITCONS E-Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
-4.99%-7.04%-8.14%-40.66%-34.89%+572.23%

What is the likelihood of the contract being extended beyond the initial one-year term?

How will this contract impact ITcons e-solutions' revenue and profitability for the fiscal year 2026-27?

Could this contract pave the way for additional government outsourcing opportunities in the healthcare sector?

More News on ITCONS E-Solutions

1 Year Returns:-34.89%