News Orders & Deals ITCONS E-Solutions Ltd Secures INR 43.14 Lakh Contract from Uranium Corporation of India LimitedITCONS E-Solutions Ltd Secures INR 43.14 Lakh Contract from Uranium Corporation of India Limited
ITCONS E-Solutions Ltd has won a INR 43.14 lakh manpower outsourcing contract from Uranium Corporation of India Limited, Department of Atomic Energy, PMO. The one-year agreement involves deploying 10 resources from February 26, 2026, to February 25, 2027. The company described this domestic contract as a significant milestone reflecting continued trust from government agencies, with the total value of INR 4314220.86 inclusive of all taxes and duties.
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ITCONS E-Solutions Ltd has secured a new contract worth INR 43.14 lakh from Uranium Corporation of India Limited, marking another significant achievement for the IT solutions provider. The company announced this development through a regulatory filing under SEBI Regulation 30, emphasizing the contract as a notable milestone that demonstrates continued confidence from government agencies.
Contract Details and Scope
The manpower outsourcing services contract involves the deployment of 10 resources for Uranium Corporation of India Limited, Department of Atomic Energy, PMO. The agreement spans one year, with operations scheduled to begin on February 26, 2026, and conclude on February 25, 2027, unless extended through mutual agreement between the parties.
| Parameter: | Details |
|---|---|
| Contract Value: | INR 4314220.86 (inclusive of all taxes and duties) |
| Client: | Uranium Corporation of India Limited, Department of Atomic Energy, PMO |
| Service Type: | Manpower Outsourcing Services |
| Resources: | 10 personnel |
| Duration: | 1 year |
| Start Date: | February 26, 2026 |
| End Date: | February 25, 2027 |
Regulatory Compliance and Disclosure
The contract announcement was made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically under Regulation 30. The company provided comprehensive details as required under SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
Key regulatory aspects of the contract include:
- Domestic Entity: The contract has been awarded by a domestic government entity
- No Related Party Transactions: The agreement does not fall within related party transactions
- No Promoter Interest: Promoters and group companies have no interest in the awarding entity
- Arms Length Transaction: The contract terms are conducted at arms length
Strategic Significance
This contract represents ITCONS E-Solutions Ltd's continued engagement with government agencies and public sector undertakings. The company highlighted that this agreement reflects the sustained trust placed in them by government organizations, reinforcing their position in the manpower outsourcing services sector.
The one-year contract duration provides revenue visibility for the company, with the total contract value of INR 4314220.86 contributing to the company's order book. The engagement with Uranium Corporation of India Limited, a key entity under the Department of Atomic Energy, demonstrates the company's capability to serve critical government infrastructure projects.
Company Information
ITCONS E-Solutions Ltd, formerly known as ITCONS E-Solutions Private Limited, is listed on the BSE SME Exchange under the symbol ITCONS with scrip code 543806. The company operates from its registered office in New Delhi and maintains operational facilities in Noida, Uttar Pradesh, focusing on IT solutions and manpower outsourcing services for various government and private sector clients.
Historical Stock Returns for ITCONS E-Solutions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.47% | -2.05% | +3.77% | -27.83% | -17.89% | +655.73% |
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