AAA Technologies has secured a Rs 0.29 crore contract from Punjab and Sindh Bank for VAPT audit assignments for FY 2026-27. The scope includes auditing critical applications and infrastructure across data centers.
AAA Technologies Wins Rs 0.29 Crore Audit Contract from Punjab and Sindh Bank
AAA Technologies Limited has secured a contract worth ₹0.29 crore (₹28.99 lakh) from Punjab and Sindh Bank for Vulnerability Assessment and Penetration Testing (VAPT) audit assignments. The contract is for the financial year 2026-27.
What just happened
AAA Technologies will conduct VAPT audits for Punjab and Sindh Bank, covering 18 critical IT applications, 3 data centers, and approximately 2,000 IPs.
Why this matters
This win reinforces AAA Technologies' position in the IT security auditing sector and adds to its business momentum with a public sector bank.
The backstory
The company has a track record in IT security auditing. This contract follows a bid invitation from May 2026.
What changes now
The company will undertake the audit assignments starting within 5 working days of receiving the engagement letter, contributing to its FY27 revenue.
Risks to watch
Investors should note the absence of travel reimbursement, potential penalties for non-compliance with timelines, and a possible 10% variation in the audit scope without cost adjustment.
Peer comparison
(No specific peer comparison data available in the filing)
Context metrics (time-bound)
- Contract Value: ₹0.29 crore (₹28.99 lakh)
- Contract Period: FY 2026-27
- Critical IT and Security Applications: 18
- Total Data Centers: 3
- Total IPs (DC, DR, NDR): 2,000
- Public IPs: 360
What to track next
Investors should monitor the efficient execution of this contract, especially managing costs associated with non-reimbursable travel expenses and adherence to project timelines.
