Icon Facilitators Limited has announced the receipt of an Electro Mechanical Services contract valued at ₹80,72,952/-. The contract, awarded by Noida Cyber Park Private Limited, is for services at Logix Cyber Park in Noida. The project is expected to be completed within 365 days, contributing to the company’s revenue and operational growth.
New Contract Awarded
Icon Facilitators Limited has secured a new contract for Electro Mechanical Services. The contract was awarded by Noida Cyber Park Private Limited for services to be rendered at Logix Cyber Park, located at C-28 & 29, C Block, Phase 2, Industrial Area, Sector 62, Noida, Uttar Pradesh.
Contract Details
The total value of this significant contract stands at Rs. 80,72,952/-. The agreed-upon timeframe for the completion of these services is 365 days from the award date. This new engagement is expected to contribute positively to Icon Facilitators Limited’s order book and future financial performance.
Transaction Overview
The contract is classified as a domestic order, with no stated interest from promoters or promoter groups. Furthermore, this transaction is not considered a related party transaction and is conducted at arm’s length. This marks another step in the company’s expansion of its service offerings in the electro-mechanical sector.
Source: BSE