SBC Exports Limited has announced the award of a significant work order from the Indian Institute of Technology (IIT) Jodhpur for providing manpower services. The company disclosed this development through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Contract Details and Value

The work order, referenced as IITJ/SPS/I/C/2025-26/Man/06, carries substantial financial value for the company:

Contract Terms and Duration

The agreement encompasses several key operational parameters that define the scope and timeline of the engagement:

Service Requirements and Scope

Under the contract terms, SBC Exports Limited will be responsible for deploying trained, qualified, and experienced manpower according to IIT Jodhpur's specifications. The service delivery scope includes:

• Deployment of manpower anywhere in India as per IIT Jodhpur's requirements
• Adherence to quality standards for personnel qualifications and experience
• Compliance with institutional guidelines and operational protocols
• Exclusive jurisdiction of competent courts in Jodhpur, Rajasthan for dispute resolution

Regulatory Compliance and Disclosures

The company has confirmed full compliance with regulatory requirements in its disclosure. Key compliance aspects include:

• No promoter or group company interest in the awarding entity
• The contract does not fall within related party transactions
• Full adherence to SEBI circular dated November 11, 2024, regarding additional disclosure requirements
• Proper notification under Regulation 30 and 30A of SEBI (LODR) Regulations, 2015

This contract award represents a significant business development for SBC Exports Limited in the manpower services sector, providing a substantial revenue opportunity with potential for multi-year engagement based on performance delivery.

SBC Exports Limited has secured a one-year manpower services contract worth approximately ₹3 crores from the Management Development Institute (MDI) Gurgaon. The company disclosed this development in compliance with SEBI regulations regarding material contract announcements.

Contract Details and Scope

The work order, referenced as MDI/Admin/498/2025, encompasses the provision of manpower services to MDI Gurgaon. The contract structure includes several key operational parameters that define the scope and duration of the engagement.

Terms and Conditions

The contract establishes specific operational requirements and performance standards. SBC Exports will be responsible for deploying trained, qualified, and experienced manpower according to MDI Gurgaon's specifications and requirements across various locations in India.

The agreement includes provisions for contract extension at MDI Gurgaon's discretion, contingent upon satisfactory performance by SBC Exports. This performance-based extension clause provides potential for long-term business continuity beyond the initial one-year term.

Regulatory Compliance and Independence

The company has confirmed full compliance with SEBI disclosure requirements under Regulation 30 of the LODR Regulations, 2015. Key regulatory aspects include:

• The contract involves a domestic entity with no international components
• No promoter or group company interests exist in the awarding entity
• The transaction does not constitute a related party transaction
• All dealings are conducted at arm's length

Business Implications

This contract award represents a significant business development for SBC Exports Limited, demonstrating the company's capabilities in the manpower services sector. The engagement with a prestigious educational institution like MDI Gurgaon adds credibility to the company's service portfolio and may open opportunities for similar contracts with other institutional clients.

The contract's pan-India scope indicates SBC Exports' operational capacity to manage geographically distributed manpower requirements, showcasing the company's logistical and administrative capabilities in human resource management services.