Big news from the corporate world! Aarvi Encon Limited (AARVI), a name you might know in the specialized manpower solutions space, has just announced a significant new work order. This is a fantastic development that highlights their continued growth and expertise. 🎉
The company has bagged a contract worth a whopping INR 9,36,61,851.00 – that’s over ₹9.36 crore! This substantial order comes from one of India’s leading infrastructure companies, though the client’s name remains confidential due to a Non-Disclosure Agreement.
So, what’s the gig? Aarvi Encon will be providing manpower supply services for a crucial Green PVC Project. This isn’t just any project; the “Green PVC” aspect suggests an environmentally conscious initiative, aligning with modern sustainable development goals. It’s great to see companies like Aarvi Encon contributing to such projects. 🌱
The contract officially kicked off on July 14, 2025, and is set to run until March 31, 2026, with the exciting possibility of further extensions based on mutual consent. This domestic contract reinforces Aarvi Encon’s strong foothold in the Indian market for specialized staffing solutions.
For investors keeping an eye on AARVI, the stock last traded at ₹107.45, showing a slight dip of 0.8% before market close. This new contract win could certainly be a positive catalyst for the company moving forward, showcasing their ability to secure valuable projects and expand their service offerings. 💰🏗️
This order is a clear testament to Aarvi Encon’s capabilities in providing essential technical and non-technical manpower on an outsourcing basis, especially for large-scale infrastructure and specialized industrial projects. Keep an eye on AARVI as they continue to build on this momentum!
source: Corporate Announcement