3i Infotech bags multi-year contract from Eureka Forbes; stock dips ~4%

23 Dec 2022 , 02:00 AM

3i Infotech Limited informed the exchanges that it has secured a contract from Eureka Forbes Limited. 

As per the company, scope of contract includes managed services for end user services, data centre services, network & security services along with IT service management & automation tools.

The period of contract is three years starting from February 1, 2023 to January 31, 2026, with the option to extend the contract with mutual agreement.

The contract value is Rs10.25 crore spread across a period of three years.

Nature of services is Digital Infrastructure Managed Services.

At around 1.57 PM, 3i Infotech was trading 3.83% lower at Rs 38.90, against previous close of Rs 40.45 on NSE.

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