AAA Technologies Ltd Wins Rs 0.29 Crore VAPT Audit Contract from Punjab and Sindh Bank

TECHNOLOGY
Whalesbook Corporate News Logo
AuthorAarav Shah|Published at:
AAA Technologies Ltd Wins Rs 0.29 Crore VAPT Audit Contract from Punjab and Sindh Bank

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.

Disclaimer:This article is published for informational purposes only. While reasonable efforts are made to ensure accuracy, completeness, and timeliness, readers are encouraged to independently verify information before making any decisions based on the content. The views and information presented are subject to editorial review and may be updated without notice.