Sensexnifty - Ahead of Market

collapse
Home / Company Updates / This Small Cap Stock Below ₹20,SBC Exports Wins Order of ₹11.29 Crore

This Small Cap Stock Below ₹20,SBC Exports Wins Order of ₹11.29 Crore

2025-02-22  Niranjan  30 views
This Small Cap Stock Below ₹20,SBC Exports Wins Order of ₹11.29 Crore

SBC Exports Limited, a well-established provider of manpower outsourcing services, has secured a substantial work order from the Higher Education Department Delhi through Guru Gobind Singh Indraprastha University. This contract is a significant achievement for the company, reinforcing its capability in delivering high-quality workforce solutions to prestigious institutions. The work order involves providing skilled and qualified manpower to support various projects and departments within the university. With a total value of INR 111.29 million, this contract underscores SBC Exports Limited’s commitment to excellence and efficiency in the manpower outsourcing sector.

Work Order Details:The total purchase order cost of the work order is INR 111.29 million or Rs 11.29 Crore 

Order Awarded By:The work order has been granted by Higher Education Department Delhi through Guru Gobind Singh Indraprastha University. This contract signifies an important collaboration between SBC Exports Limited and a prestigious educational institution, ensuring the provision of top-quality manpower outsourcing services.

Additional Information Regarding the Order

As per the SEBI Circular the following details regarding the awarded contract are provided:

1. Entity Awarding the Contract:

Higher Education Department Delhi through Guru Gobind Singh Indraprastha University.

2. Key Terms and Conditions of the Contract:

Provision of Workspace:The Buyer shall ensure the provision of workspace, including seating areas, work desks, and other necessary furniture for the manpower provided by SBC Exports Limited.The Buyer will also arrange gate/entry passes for manpower access to designated premises.

Travel and Allowances:If the project requires travel, the Buyer will directly cover TA/DA expenses, subject to travel document verification and approval by the appropriate authority.

Manpower Quality and Requirements:The Service Provider must ensure the provision of skilled and qualified manpower to support project requirements efficiently.Any discrepancies in the number of employees, qualifications, or sector-specific experience may result in penalties, deductions, or the replacement of personnel as deemed necessary by the Buyer.

Taxation and Duties:Any applicable taxes or duties, apart from those explicitly stated in the contract, will be borne by the Service Provider.The Buyer will not entertain any additional claims in this regard.

All These Points Company Mentioned in Their Circular 

Shares OF SBC Exports closed flat at ₹19.09 on Friday 

Disclaimer

This article is for informational purposes only and is based on official communications from SBC Exports Limited. The company reserves the right to amend or modify contract terms as per regulatory requirements. Readers are advised to refer to official disclosures for any further details.

 


Share: