Aarvi Encon Wins ₹108 Crore Technical Manpower Supply Contract

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.