Aarvi Encon Limited (AEL) has informed the National Stock Exchange of India (NSE) about a major new business win through a formal Work Order Intimation, in line with Regulation 30 of the SEBI (LODR) Regulations, 2015. The disclosure highlights the company’s continued growth momentum and strong demand for its technical services.
Details of the New Work Order
Nature and Scope of Work
Under this contract, Aarvi Encon will provide technical manpower supply services to a leading and well-established engineering, construction, and project management company. While the scope of work is clearly defined, the name of the client has not been disclosed due to a Non-Disclosure Agreement (NDA) signed between the parties.
Contract Value and Project Timeline
The total value of the contract stands at approximately ₹108 crore, making it a significant addition to the company’s order book.
Contract Value: ₹1,08,00,15,962
Project Duration: 12 months
Effective Period: January 1, 2026 to December 31, 2026
Although the contract became effective from the beginning of 2026, the official stock exchange intimation was filed on January 7, 2026.
Regulatory and Governance Disclosures
To maintain transparency and investor confidence, Aarvi Encon clarified several important aspects related to this order:
The contract has been awarded by a domestic entity for domestic operations
Promoters and promoter group companies have no interest in the awarding entity
The transaction does not qualify as a related party transaction, ensuring it was executed on an arm’s-length basis
These disclosures confirm that the deal complies fully with regulatory and ethical standards.