ITCONS E-Solutions Ltd has entered into a strategic partnership with APEXGCC Consulting LLP to provide comprehensive services for Global Capability Centres in India. The agreement was disclosed to BSE Limited on March 05, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Partnership Overview

The collaboration focuses on supporting global enterprises seeking to establish, operate, and scale world-class Global Capability Centres in India. APEXGCC Consulting LLP is a specialized technology advisory firm with expertise in helping multinational companies set up and manage their Indian operations.

Service Portfolio

The partnership will deliver multiple service categories to support global enterprises:

• Real Estate Leasing Support: Assistance in identifying and securing appropriate facilities for GCC operations
• Leadership Hiring: Recruitment of senior management and key leadership positions
• Staffing Services: Comprehensive workforce solutions for various operational roles
• Recruitment Services: End-to-end talent acquisition support

Strategic Significance

The agreement positions ITCONS E-Solutions to capitalize on the growing trend of global enterprises establishing capability centres in India. The company expects this partnership to create future growth opportunities and generate profits through project-based engagements.

Regulatory Compliance

The disclosure was made in compliance with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company confirmed that APEXGCC Consulting LLP is not related to the promoter, promoter group, or group companies, and the transaction does not fall within related party transactions.

Business Impact

This strategic alliance allows ITCONS E-Solutions to expand its service offerings in the rapidly growing GCC segment. The flexible, project-based structure of the agreement provides scalability while minimizing fixed commitments, enabling the company to adapt to market demands and client requirements.

ITCONS E-Solutions has announced securing a significant manpower outsourcing contract worth INR 26195269.14 from Hindustan Aeronautics Limited (HAL), Department of Defence Production, Ministry of Defence. The company disclosed this major contract win under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, marking a substantial business development for the aerospace services provider.

Contract Specifications

The comprehensive agreement involves the deployment of 43 specialized resources across HAL's operations for a two-year period. The contract represents a significant addition to ITCONS E-Solutions' order book, providing substantial revenue visibility through 2028.

Strategic Partnership Details

The contract encompasses manpower outsourcing services for Hindustan Aeronautics Limited, one of India's premier aerospace and defense manufacturers under the Ministry of Defence. The agreement is structured as a domestic contract with comprehensive terms covering all taxes and duties within the total contract value.

The deployment of 43 resources demonstrates the scale of human resource requirements for HAL's operations, positioning ITCONS E-Solutions as a key service provider in the defense aerospace sector. The contract includes provisions for potential extension through mutual agreement between the parties.

Regulatory Compliance and Disclosure

ITCONS E-Solutions has confirmed that the contract does not involve any related party transactions and has been executed at arm's length. The company has verified that neither the promoter, promoter group, nor group companies have any interest in the contracting entity, ensuring complete transparency in the business arrangement.

The contract award reflects the continued trust placed in ITCONS E-Solutions by government agencies and represents a significant milestone in the company's growth trajectory within the defense and aerospace services sector.

Business Impact

The INR 26195269.14 contract value provides substantial revenue visibility for ITCONS E-Solutions over the two-year execution period. This engagement allows the company to strengthen its position in the aerospace and defense human resource management space while building long-term relationships with critical industry stakeholders.

The contract commencement date of March 3, 2026, provides adequate preparation time for resource allocation and operational planning, ensuring seamless service delivery to meet HAL's operational requirements.