SBC Exports Wins ₹3 Cr Manpower Contract from MDI
SBC Exports Limited has been awarded a one-year manpower services contract worth approximately ₹3 crores by the Management Development Institute (MDI) Gurgaon. The contract, effective from January 1, 2026, involves providing trained and qualified manpower across India. The agreement includes potential for extension based on performance. SBC Exports has confirmed compliance with SEBI disclosure requirements, stating that the contract is not a related party transaction and all dealings are at arm's length.

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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.
| Parameter | Details |
|---|---|
| Contract Value | ₹3.00 crores (approximately) |
| Duration | One year from January 1, 2026 |
| Service Type | Manpower services |
| Geographic Scope | Anywhere in India |
| Awarding Entity | Management Development Institute, Gurgaon |
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.
Historical Stock Returns for SBC Exports
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.49% | +1.67% | +11.53% | +89.30% | +49.84% | +1,379.37% |




































