Atishay Limited , a company with a strong track record in e-Governance service delivery, has been awarded a Letter of Acceptance (LOA) from RajCOMP Info Services Ltd. (RISL), a Government of Rajasthan undertaking, to act as a Local Service Provider (LSP) for e-Mitra kiosks across three major divisions in the state.

Contract Details

Scope of Work

As per the LOA, Atishay Limited will be responsible for:

1. Setting up and managing e-Mitra kiosks across the allotted districts
2. Deploying manpower
3. Providing operational and technical support
4. Conducting kiosk training
5. Ensuring compliance with RISL guidelines
6. Monitoring service delivery
7. Implementing initiatives to enhance transaction volumes

Strategic Importance

This engagement significantly strengthens Atishay Limited's footprint in the e-Governance domain. The company's existing kiosk network, operational expertise, and established presence in Rajasthan position it well for future expansion.

Financial Impact

While the contract does not specify a fixed value, it presents a substantial growth opportunity for Atishay Limited. The company's revenue from this project will be directly tied to the number of transactions processed through the e-Mitra kiosks, potentially leading to an increase in earnings over the 5-year contract period.

Conclusion

This contract marks a notable expansion of Atishay Limited's e-governance services in Rajasthan. By covering 17 districts across three major divisions, the company has secured a position to capitalize on the demand for digital government services. The success of this venture will largely depend on Atishay's ability to efficiently manage the kiosks and drive transaction volumes across the allocated regions.

Atishay Limited has achieved a significant milestone in its pursuit of technological partnerships and government collaborations. The company has been empanelled under the Global Expression of Interest (EOI) issued by Central Electronics Limited (CEL), a Government of India Enterprise under the Department of Scientific and Industrial Research, Ministry of Science & Technology.

Key Highlights of the Empanelment

• Purpose: Selection of Technology Partners for Joint R&D, Co-Production, and System Integration
• Scope: Business Development in Indian and Overseas Markets
• Areas of Collaboration:
  • System Integration
  • Technology Enablement
  • Digital Infrastructure Solutions
  • Co-development of Innovative Platforms

Potential Impact and Opportunities

Atishay Limited has stated that this empanelment does not have an immediate material financial impact. However, it is expected to bring several strategic advantages:

1. Enhanced Visibility: Increased exposure to government and PSU-led technology initiatives
2. Credibility Boost: Recognition as a qualified technology partner by a government enterprise
3. Market Expansion: Potential for long-term business growth in both domestic and international markets

Strategic Implications

The empanelment positions Atishay Limited as an eligible collaboration partner for future opportunities under CEL's programs. This strategic alignment with a government enterprise could open doors to larger projects and initiatives in the technology sector.

Company's Disclosure

Atishay Limited has made this disclosure as a general business update, emphasizing transparency and stakeholder communication. The company views this development as a step towards enhancing its strategic position in the technology services sector, particularly in government and public sector undertakings.

Conclusion

While the immediate financial implications may be limited, this empanelment represents a strategic move for Atishay Limited. It aligns the company with government initiatives in technology and potentially paves the way for future collaborations and business opportunities.