Icon Facilitators Limited: Wins ₹63.3 Lakh Manpower Services Contract

Icon Facilitators Limited has announced the successful receipt of a new contract for manpower services. The agreement is with Knight Frank (India) Private Limited and will be executed for Fujitsu Consulting India Priavte Limited. The total value of this contract is significant, amounting to ₹63,30,436/-, and is expected to be completed within 210 days.

New Manpower Services Contract Secured

Icon Facilitators Limited has officially disclosed the procurement of a new contract for its manpower services. The agreement was awarded by Knight Frank (India) Private Limited. The services will be rendered to Fujitsu Consulting India Priavte Limited at their facility located at A-207, Sector-23, Noida, Uttar Pradesh.

Contract Details and Value

The total consideration for this contract stands at a notable Rs. 63,30,436/-. The project’s execution is planned to be completed within a timeframe of 210 days from the commencement date. This development marks a positive step for Icon Facilitators Limited, enhancing its order book and contributing to its revenue stream.

Transaction Classification

Further details indicate that this order was awarded by a domestic entity. The transaction is confirmed not to fall under the category of Related Party Transactions and is conducted on an ‘arm’s length’ basis. Icon Facilitators Limited has provided all necessary disclosures as per the relevant SEBI guidelines.

Source: BSE

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