Dynacons secures Digital Workplace Solutions contract from LIC worth Rs. 138.44 crores

Dynacons Systems & Solutions Limited (Dynacons), a leading provider of IT solutions and infrastructure services, is pleased to announce that it has been awarded a significant contract for the Digital Workplace Solutions covering the Supply, Installation, and Maintenance of Desktop Computers and All-in-One Desktops from Life Insurance Corporation. The contract is valued at Rs. 138.44 crores.

Dynacons will be responsible for providing the entire IT Lifecycle management including delivering high-performance desktop systems and all-in-one computers, along with comprehensive on-site installation and long-term maintenance services. The project aims to enhance the client's IT infrastructure and support their digital transformation initiatives across multiple locations. The project will be executed over a period of 3 years, and includes post-deployment maintenance and technical support to ensure seamless operation and minimal downtime.

This project will play a key role in supporting sustainability goals. The end-to-end installation and support services, spanning the next three years, are designed to ensure these systems run at peak efficiency over the long term, reinforcing environmentally responsible practices. In addition, our buyback program for outdated systems will enable effective recycling, minimize electronic waste, and contribute to a circular economy.

Shares of Dynacons Systems & Solutions Limited was last trading in BSE at Rs. 1176.70 as compared to the previous close of Rs. 1104.75. The total number of shares traded during the day was 4436 in over 689 trades.

The stock hit an intraday high of Rs. 1200.00 and intraday low of 1097.65. The net turnover during the day was Rs. 5187928.00.

Source : Equity Bulls

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