12-Jun-2026 19:06:12
3I INFOTECH : WINS ₹37 CR HPCL IT SERVICES ORDER 💻⛽
• 🏢 Received purchase order from HPCL for providing Facility Management Services (FMS) • 🌐 Scope covers HPCL's Corporate R&D Centre, Visakh Refinery, Head Office, Zones, ISC and PAN-India locations • 🖥️ Services include desktop support, server support, printer/scanner support, VMS endpoint support and IT infrastructure management • 📅 Contract duration is 3 years • 💰 Order value stands at approximately ₹37.05 Cr (excluding taxes) • 🔧 Engagement aims to support HPCL's distributed IT operations and improve operational efficiency 🟢 Impact: Positive (Strengthens order book and enhances revenue visibility for the next three years.) --- KOTHARI SUGARS : CRISIL REVISES RATING OUTLOOK TO WATCH DEVELOPING 📊 • 🏦 CRISIL has placed the company's bank facilities on 'Rating Watch with Developing Implications' • 💰 Long-term Cash Credit facility of ₹100 Cr rated CRISIL BBB+ / Watch Developing • 🔄 Previous rating was CRISIL BBB+ / Negative • 📄 Short-term Bank Guarantee facility of ₹3 Cr rated CRISIL A2 / Watch Developing • 📌 Rating action was taken without changing the underlying ratings 🟢 Impact: Mildly Positive (Outlook moved from Negative to Watch Developing, indicating potential for either upgrade or downgrade depending on future developments.)
3I INFOTECH LIMITED