ITCONS Wins ₹27.86 Lakh Defence Outsourcing Contract

itcons e-solutions has secured a new contract from Advanced Weapons and Equipment India Limited, a Department of Defence Production entity under the Ministry of Defence. The agreement pertains to the provision of manpower outsourcing services. This development was disclosed to the stock exchanges on May 25, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Contract Details

The contract involves the deployment of nine resources to support the operations of Advanced Weapons and Equipment India Limited. The total consideration for the agreement is INR 2786468.35, inclusive of all taxes and duties. The company stated that this contract marks a significant milestone and reflects the continued trust placed in it by government agencies.

Tenure and Schedule

The agreement is scheduled to commence on June 01, 2026. The contract period is set for one year, concluding on May 31, 2027. The tenure may be extended further by mutual agreement between the parties involved.

Particulars	Details
Client Name	Advanced Weapons and Equipment India Limited
Nature of Contract	Manpower Outsourcing Services
Contract Value	INR 2786468.35
Duration	1 Year
Start Date	June 01, 2026
End Date	May 31, 2027
Resources Deployed	9

Disclosures

The company confirmed that the order has been awarded by a domestic entity. It further clarified that the promoter, promoter group, or group companies do not hold any interest in the entity that awarded the contract. Additionally, the company stated that the transaction does not fall within related party transactions.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.57%	+0.55%	+5.08%	-37.58%	-32.79%	+620.12%

itcons e-solutions has informed stock exchanges of a scheduled Board of Directors meeting on Tuesday, May 26, 2026, pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was issued on May 18, 2026, and was addressed to the Corporate Relationship Department of BSE Limited. The meeting has been convened to transact key financial and corporate governance matters pertaining to the financial year ended March 31, 2026.

Key Agenda Items

The board meeting has been called to address two primary items of business, as outlined in the regulatory filing:

Agenda Item:	Details
Financial Results:	Consider and approve Audited Standalone Financial Results for the half year and financial year ended March 31, 2026, along with the Auditor's Report
Dividend Recommendation:	To recommend Final Dividend, if any, on equity shares for the financial year ended March 31, 2026

Trading Window Closure

In accordance with the company's Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons and their immediate relatives, and the Code of Practice and Procedures for Fair Disclosure of Unpublished Price Sensitive Information — adopted pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015 — the trading window for securities of the company has been closed. The closure applies to all Designated Persons and their immediate relatives, effective from April 01, 2026, and will remain in effect until 48 hours after the declaration of the audited standalone financial results to the stock exchanges.

The regulatory communication was signed by Pooja Gupta, Company Secretary and Compliance Officer of ITCONS E-Solutions, on May 18, 2026.