According to an exchange filing, the partnership aims to support international companies looking to establish, operate, and scale world-class GCCs in India. Under the agreement, ITCONS E-Solutions will provide services including real estate leasing support, leadership hiring, staffing, and recruitment. The scope and execution of assignments will be determined mutually on a project-to-project basis.

APEXGCC Consulting LLP is a specialized technology advisory firm that assists global enterprises in setting up and expanding Global Capability Centres in India. The collaboration is expected to create future growth opportunities and contribute to the company's profitability.

The company also clarified that neither its promoters nor promoter group entities have any interest in the company, the awarding authority. It further stated that the transaction does not qualify as a related-party transaction under applicable regulatory norms.

ITCONS E-Solutions is engaged in the business of recruitment and staffing services.

On a full-year basis, the company's net profit surged 70.2% to Rs 3.25 crore on a 96.4% rise in net sales to Rs 55.98 crore in FY25 over FY24.

Shares of ITCONS E-Solution added 1.08% to end at Rs 369.05 on the BSE.

Powered by Capital Market - Live News