Atishay Limited has won a Rs 2.34 crore contract from the Punjab Urban Planning & Development Authority (PUDA) for end-to-end digitisation and records management services. The 12-month project highlights the company's growing role in government infrastructure digitisation.
Atishay Limited Secures Rs 2.34 Crore Punjab Government Project
Order value: Rs 2.34 crore (inclusive of GST)
Execution period: 12 months
Reader Takeaway: This win adds incremental revenue and showcases continued capability in securing government-sector digitization contracts.
What just happened
Atishay Limited has received a formal Letter of Intent (LOI) from the Punjab Urban Planning & Development Authority (PUDA). The company will lead an end-to-end project involving scanning, digitisation, indexing, and comprehensive records management services for the authority and its regional offices.
Why this matters
The contract confirms Atishay’s ongoing execution capabilities within the public sector, specifically for government bodies looking to modernize administrative records. With the project scheduled for completion over the next 12 months, it provides a clear, time-bound revenue stream for the company's IT services division.
Governance and Compliance
Atishay Limited has officially declared the transaction as an arm's length deal. The company confirmed that there is no conflict of interest, with no promoter or group company involvement in the Punjab Urban Planning & Development Authority.
What to track next
Investors should look for the company's ability to maintain these margins and observe how the project fits into the broader order execution pipeline for the fiscal year. Monitoring the speed of project delivery against the 12-month timeline will be the next key benchmark for performance.