News Orders & Deals Raminfo Limited Secures ₹11.87 Crore Government Contract for Manpower Deployment Services in TripuraRaminfo Limited Secures ₹11.87 Crore Government Contract for Manpower Deployment Services in Tripura
Raminfo Limited has secured a ₹11.87 crore contract from Tripura's Directorate of Industries & Commerce for deploying 85 personnel under RAMP and ODR government schemes. The agreement includes 83 Block & ULB Resource Persons for 24 months and 2 specialized staff for 18 months, covering comprehensive manpower services. This domestic contract strengthens Raminfo's presence in MSME enablement and expands its footprint in northeastern India's developmental service sector.
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Raminfo Limited has announced the execution of a substantial government contract valued at ₹11.87 crores with the Directorate of Industries & Commerce, Government of Tripura. The agreement, disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015, involves comprehensive manpower deployment services across multiple government schemes.
Contract Overview and Scope
The contract encompasses deployment of 85 personnel under two distinct government initiatives. The agreement covers manpower sourcing, training, deployment, compliance, and operational support as outlined in the comprehensive service framework.
| Contract Details: | Specifications |
|---|---|
| Total Contract Value: | ₹11.87 crores |
| Total Personnel: | 85 manpower |
| Contract Type: | Domestic Service Contract |
| Awarding Authority: | Directorate of Industries & Commerce, Government of Tripura |
Scheme-wise Deployment Structure
The manpower deployment is structured across two key government schemes with specific timelines and requirements:
RAMP Scheme Deployment
Under the Raising and Accelerating MSME Performance (RAMP) Scheme, Raminfo will deploy 83 Block & ULB Resource Persons across:
- 58 Rural Development Blocks
- 20 Urban Local Bodies
- Contract duration: 24 months
ODR Scheme Implementation
The Online Dispute Resolution (ODR) Scheme involves deployment of specialized personnel at the State Headquarters:
- 1 Legal Consultant
- 1 HR (Office/Secretarial Staff)
- Contract duration: 18 months
Strategic Significance
This assignment represents a significant expansion of Raminfo's operations in the northeastern region of India. The contract strengthens the company's presence in the MSME enablement and public service ecosystem while establishing a foothold in developmental and governance-oriented service delivery in Tripura.
Regulatory Compliance
The company has confirmed that this contract does not involve any related party transactions and has been executed at arm's length. The promoter, promoter group, and group companies have no interest in the awarding entity, ensuring complete independence in the contract execution.
| Compliance Parameters: | Status |
|---|---|
| Related Party Transaction: | No |
| Promoter Interest: | None |
| Contract Nature: | Arm's Length |
| Regulatory Filing: | SEBI Regulation 30 |
The contract award demonstrates Raminfo's capability in handling large-scale government projects and positions the company for potential expansion in similar developmental initiatives across other states.
Historical Stock Returns for Raminfo
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -7.72% | -20.51% | -12.45% | -41.37% | -11.48% | +78.59% |
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