Dynacons Systems & Solutions Limited has announced the assignment of new credit ratings by Acuité Ratings & Research Limited for its long-term and short-term bank facilities. The company made this disclosure on December 31, 2025, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Credit Rating Assignment Details

The IT software company received fresh credit ratings from Acuité Ratings & Research Limited covering both its long-term and short-term banking facilities. While the specific rating grades and outlook details were referenced in the original communication, the company has taken a proactive step by appealing to the rating agency for an upgrade of the assigned ratings.

Management Response and Appeal

Dynacons Systems & Solutions has filed an appeal with Acuité Ratings seeking an upgrade of the newly assigned credit ratings. This move suggests that the company's management believes its current financial position and business prospects warrant higher rating grades than those initially assigned by the rating agency.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Pooja Patwa signed the intimation, ensuring proper regulatory compliance and transparency with stakeholders.

Key Information

The credit rating assignment represents an important milestone for the company's banking relationships and financial credibility in the market. The simultaneous appeal for upgrade indicates management's confidence in demonstrating improved financial metrics and business fundamentals to the rating agency.

Dynacons Systems & Solutions shares surged as much as 13.30% to their day's high of ₹1,035.00 in Wednesday's trading session after the company announced securing a prestigious software project from the Reserve Bank of India. The Mumbai-based IT solutions provider has won the Enterprise Applications Platform (EAP) contract with a total value of ₹249.15 crores, marking a significant milestone in the banking and financial services technology sector.

Stock Performance and Market Impact

The announcement triggered strong investor interest, with shares climbing to ₹1,035.00 from previous levels. The stock has delivered exceptional returns over the long term, rising over 1,500% in the last 5 years, establishing it as a notable multibagger in the small-cap IT segment.

Contract Overview and Scope

The landmark 5-year engagement follows a consumption-based model, covering implementation, maintenance, and learning services for RBI's comprehensive enterprise application infrastructure. The project spans all RBI Data Centres, Regional Offices, Zonal Training Centres, and subsidiaries including ReBIT, RBIH, DICGC, and IFTAS.

Enterprise Application Platform Features

The Reserve Bank of India is developing an Enterprise Applications Platform—a comprehensive suite of software tools providing foundational infrastructure for developing, deploying, and managing enterprise applications at scale. The platform's base layer is built on Red Hat OpenShift Platform Plus, integrating best-in-class software tools from global technology partners including IBM, Elastic, Hazelcast, JFrog, and Process9.

The EAP stack will provide RBI with comprehensive technological capabilities including centralized log and event monitoring, advanced caching and data management, secure key and credential storage, and enterprise-grade repository management. The platform also offers automated workflow and business rule engines, comprehensive reporting and analytics, multilingual translation services supporting 12 Indian languages, and high-performance messaging middleware.

Service Delivery and Strategic Significance

The turnkey engagement encompasses supply of perpetual and subscription licenses, seamless integration with RBI's existing infrastructure, comprehensive project management, and technical support at L2/L3 levels. The contract includes extensive training and knowledge transfer programs for RBI teams to ensure effective platform utilization.

This contract represents a significant milestone for Dynacons Systems & Solutions in the banking and financial services technology sector. The company disclosed this information in compliance with applicable SEBI (LODR) Regulations, maintaining transparency while adhering to confidentiality requirements as per RBI's Request for Proposal terms.