ITCONS E-Solutions Limited has announced the receipt of two new work orders from HCL Technologies Limited, amounting to a total contract value of ?1,43,72,400 (inclusive of all duties and taxes). The company disclosed the development in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Under these contracts, ITCONS will provide technical manpower and on-call support services to HCL Technologies. Both work orders are to be executed by March 31, 2026.
The contracts have been awarded by a domestic entity, and the nature of services is strictly manpower supply. ITCONS clarified that there is no promoter or group company interest involved in the awarding entity and that the agreements do not constitute related party transactions.
The company expressed satisfaction over the partnership with a leading technology firm and reaffirmed its commitment to delivering high-quality support services throughout the contract period.