Canarys Automations Wins INR 5.53 Crore Contract from Infosys for GitHub Services
Team Finance Saathi
29/Nov/2024

What's covered under the article:
- Canarys Automations secures a major contract worth INR 5.53 Crore from Infosys.
- The contract covers GitHub and GitHub Advanced Security services for 6 years.
- Canarys Automations is a leader in DevOps solutions, marking a milestone in its legacy.
Canarys Automations Limited, formerly Canarys Automations Private Limited, has announced the successful acquisition of a significant contract from Infosys Limited Noida STP Unit. This award follows SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and aligns with the company’s commitment to provide top-tier services in the IT solutions domain.
The contract, valued at INR 5.53 Crore, is a 6-year agreement commencing in December 2024 and continuing through November 2030. Under the terms of the contract, Canarys Automations will deliver comprehensive GitHub services and GitHub Advanced Security licenses, which will enhance Infosys's DevOps capabilities. This prestigious contract reflects the trust placed by a leading industry player in Canarys Automations' expertise.
The details of the contract are as follows:
- Entity awarding the contract: Infosys Limited Noida STP Unit.
- Nature of the contract: Long-term provision of software services and licenses related to GitHub and GitHub Advanced Security.
- Time period: The contract spans 6 years.
- Contract value: INR 5,53,08,750 (Rupees Five Crore Fifty-Three Lakhs Eight Thousand Seven Hundred and Fifty Only).
- Transaction type: This is not a related party transaction and does not involve any interests from promoters or promoter group companies.
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Mr. Sheshadri Srinivas, the Executive Director and Chief Executive Officer (CEO) of Canarys Automations, expressed his enthusiasm, stating, "We are honoured to have been awarded this prestigious contract from one of the IT industry giants, Infosys Limited. This achievement is a testament to our 20-year legacy in DevOps solutions and our ability to provide high-quality services that meet the needs of our esteemed clients."
The company, headquartered in Bengaluru, boasts over 30 years of experience in delivering transformative IT solutions across a wide range of industries, including BFSI, Retail, Healthcare, Pharmaceuticals, Manufacturing, and Water Resources Management. Canarys Automations is a recognized leader in the DevOps space, receiving accolades such as "Leader in DevOps Solutions" and "Best DevOps Solution Provider."
This long-term contract with Infosys will not only enhance Canarys Automations’ profile but also position the company for continued success in the rapidly evolving field of DevOps.
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