ITCONS E‑Solutions Limited has announced that it has secured a new government contract from the Aeronautical Development Agency (ADA), which operates under the Ministry of Defence.

The contract involves providing 70 skilled resources for manpower outsourcing services, marking another government engagement for the company.

According to the regulatory disclosure filed with BSE Limited, the total value of the contract is ₹2,81,02,314.24 (approximately ₹2.81 crore), inclusive of all applicable duties and taxes.

Contract Details and Duration

The agreement between ITCONS E‑Solutions Limited and the Aeronautical Development Agency is scheduled to begin on April 4, 2026.

The contract will remain valid until April 3, 2027, making the total duration one year, with the possibility of extension if both parties agree.

Under the agreement, the company will deploy 70 professional resources to support the agency’s operational requirements.

Nature of the Project

The contract falls under manpower outsourcing services, where ITCONS E‑Solutions Limited will provide human resources to assist the government agency in its projects.

Such contracts typically involve technical, engineering, administrative, or IT-related workforce deployment to support specialised government programmes.

The Aeronautical Development Agency is responsible for key aerospace research and development initiatives in India.

Strategic Importance of the Contract

The contract highlights the growing collaboration between private service providers and government research organisations.

For ITCONS E‑Solutions Limited, securing this contract represents:

• Strengthened presence in the government services segment

• Expansion of its manpower outsourcing portfolio

• Continued trust from defence and research agencies

The company noted that the order reflects confidence from government institutions in its operational capabilities.

Regulatory Disclosure Under SEBI Rules

The announcement was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Such disclosures are mandatory for listed companies whenever material business developments, contracts, or orders are secured.

The company confirmed that:

• The contract is awarded by a domestic government entity

• There is no promoter or promoter group interest in the awarding entity

• The order does not fall under related-party transactions

About Aeronautical Development Agency

The Aeronautical Development Agency is a key organisation under the Ministry of Defence.

It plays a central role in designing and developing advanced military aircraft and aeronautical systems for India’s defence sector.

The agency is known for its involvement in major national aerospace programmes.

About ITCONS E-Solutions

ITCONS E‑Solutions Limited is an Indian company engaged in IT services and manpower outsourcing solutions.

Headquartered in New Delhi, the company provides workforce solutions to government organisations, corporations, and public sector entities.

Its services typically include:

• Workforce management

• IT and technical staffing

• Project-based manpower solutions

Conclusion

The new contract secured by ITCONS E‑Solutions Limited from the Aeronautical Development Agency represents a ₹2.81 crore government project focused on manpower outsourcing services.

With deployment scheduled to begin in April 2026, the project strengthens the company’s role in supporting defence research and development initiatives in India, while also expanding its portfolio of government contracts.

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