ITCONS E-SOLUTIONS Bags Contract From Uttar Pradesh Revenue Department
The total consideration for the assignment is Rs 8.13 million (Rs 8.13 mn) inclusive of all taxes and duties. The figure derives from the notified sum of Rs 8,132,756.4 and encompasses fees and applicable levies for the contracted term. Financial recognition of the order will be reflected in the company reporting for the relevant period.
The company stated that neither the promoter nor promoter group has any interest in the awarding entity and that the contract does not constitute a related party transaction. Details of the award were disclosed to the stock exchange under Regulation 30 of the SEBI Listing Regulations and are provided in an annexure to the filing. The disclosure follows prescribed compliance procedures and includes the required particulars of the order.
Management described the order as a significant milestone that underlines continued engagement with government agencies and supports the company service portfolio in manpower outsourcing. The contract term and scope are expected to be executed as per the agreed schedule and operational plans. The company requested that the exchange take the information on record and noted that the filing was signed by the company secretary and compliance officer. Operational mobilisation and onboarding activities will follow established timelines and staffing protocols, and project governance and monitoring mechanisms are expected to ensure delivery within the contracted term.