3i Infotech Secures Rs. 2.76 Crore Order from US Credit Union
Filing Summary
3i Infotech Ltd has announced that its wholly owned subsidiary, 3i Infotech Inc., USA, received an order valued at approximately Rs. 2.76 crore (USD 297,000) from a leading US-based credit union. The contract, awarded on April 9, 2026, involves establishing an Enterprise Application Center of Excellence for lending and collections platforms. The engagement spans nine months and includes comprehensive application management. This disclosure is voluntary as the amount is below materiality thresholds. The order reflects 3i Infotech’s ongoing business activities in the international IT services sector.
On April 9, 2026, 3i Infotech Inc., USA, a wholly owned step-down subsidiary of 3i Infotech Ltd, received an order from a leading US-based credit union. The order is valued at approximately Rs. 2.76 crore (USD 297,000), exclusive of applicable taxes. The contract involves the establishment of an Enterprise Application Center of Excellence (CoE) for lending and collections platforms.
The engagement requires 3i Infotech to manage applications across lending and collections platforms. This includes end-to-end responsibility for application management, enhancements, and support. The contract duration is nine months, during which the company will work closely with business and technology stakeholders to align with the client’s digital and business requirements.
The order was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company noted that the disclosure is made voluntarily as the order value is below the materiality threshold limits set by the regulation.
The credit union involved in this transaction is a significant player in the US financial sector, focusing on providing a range of financial services to its members. The collaboration with 3i Infotech aims to enhance its operational efficiency and scalability through improved application management.
3i Infotech Ltd is an IT company specializing in providing software products and IT services. The company focuses on delivering solutions that drive digital transformation and operational efficiency for its clients. It continues to expand its presence in international markets, offering services that cater to the evolving needs of businesses across various sectors.