Dynacons Secures Prestigious Order for Enterprise Servers from National Payments Corporation of India

Dynacons Systems & Solutions Ltd has been awarded a significant contract worth Rs. 41.72 Crores by the National Payments Corporation of India (NPCI) for a Data Centre Tech Refresh initiative.

NPCI, established under the provisions of the Payment and Settlement Systems Act, 2007, as an initiative of the Reserve Bank of India (RBI) and the Indian Banks' Association (IBA), plays a pivotal role in developing a robust Payment & Settlement Infrastructure in India. As an umbrella organization, NPCI facilitates critical services including UPI Payment, Bharat Bill Pay, RuPay Card, Fast Tag, and more.

NPCI continually innovates its services to meet evolving market needs and anticipates future demands proactively. The organization is dedicated to providing a seamless experience to all its customers, irrespective of their size, location, or level of interface. In line with NPCI's commitment to enhancing its IT infrastructure to support business growth, the Data Centre located in Chennai is slated for a significant upgrade. The proposed solution involves deploying enterprise-class HPE Servers capable of handling the most demanding workloads. This initiative of NPCI signifies a significant step towards strengthening India's payment and settlement infrastructure.

The adoption of Enterprise Class Servers will accelerate NPCI's digital transformation journey by leveraging modern operating systems. This will enable NPCI to seamlessly integrate the latest versions of applications, thereby enhancing server performance and expanding its capabilities. The refreshed server environment is poised to better align with NPCI's business goals. The comprehensive solution offered by Dynacons includes the deployment of HPE Enterprise Servers, backed by seven years of comprehensive support and committed uptime.

This order underscores Dynacons' expertise in delivering high-quality enterprise server solutions and driving innovation and facilitating seamless transactions for millions of users across India. In addition, this refresh to NPCI's IT infrastructure marks yet another milestone in the country's ongoing digital payment journey, reinforcing its commitment to fostering a secure and efficient digital payment ecosystem for the nation.

"Dynacons is honored to have been awarded this contract. With this contract win, our Company further solidifies its position as a trusted partner for businesses seeking reliable, cutting-edge technology solutions. We are excited about the opportunity to support our clients' growth and success. We look forward to leveraging our expertise and resources to drive success for our clients and help them achieve their business objectives." commented Mr. Amit Vora, National Business Head of the Company.

Shares of Dynacons Systems & Solutions Limited was last trading in BSE at Rs. 782.40 as compared to the previous close of Rs. 800.75. The total number of shares traded during the day was 7119 in over 698 trades.

The stock hit an intraday high of Rs. 814.00 and intraday low of 773.35. The net turnover during the day was Rs. 5677728.00.

Source : Equity Bulls

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