Aptech Ltd Receives Rs. 3.88 Crore Contract for State Exam Services
Filing Summary
Aptech Ltd has disclosed the receipt of a work order from a State Government Body under Regulation 30 of SEBI LODR. The contract, valued at Rs. 3.88 crore, involves conducting computer-based examinations. Aptech is tasked with submitting a list of exam cities and centers, ensuring compliance with the Request for Proposal (RFP) and Master Service Agreement (MSA). The exams are scheduled to commence in January 2026. This contract does not involve any related party transactions. Aptech continues to expand its footprint in the vocational training and assessment sector.
Aptech Ltd has announced the receipt of a work order from a State Government Body, as disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The contract involves providing computer-based examination services. This disclosure follows a previous announcement made on December 13, 2024, and aligns with Aptech’s Policy on Determination of Materiality of Events and Information for Disclosure to the Stock Exchanges.
The contract awarded to Aptech Ltd is valued at Rs. 3.88 crore. The financial terms include specific payment conditions as outlined in the contract’s Service Level Agreement. The contract does not involve any related party transactions, and there is no interest from the promoter or promoter group in the entity awarding the contract. The financial consideration reflects the scope and scale of the services to be provided by Aptech.
Under the terms of the contract, Aptech Ltd is required to conduct computer-based examinations. The company must submit a final list of exam cities and centers, which have already been audited by the State Government Body. The work must adhere to the specifications outlined in the Request for Proposal (RFP) and the Master Service Agreement (MSA). The contract includes detailed terms and conditions, a statement of work, respective deliverables, and a Service Level Agreement.
The contract is part of Aptech’s broader strategy to enhance its presence in the vocational training and assessment sector. The company operates over 1000 centers globally and offers a wide range of training services across various sectors, including IT, media, retail, aviation, beauty, wellness, banking, finance, and preschool education. Aptech’s business model includes both individual training and enterprise business solutions.
The timeline for the execution of this contract indicates that the examinations are expected to commence in January 2026. Aptech is responsible for ensuring that all preparatory work, including the submission of exam city and center lists, is completed in accordance with the contract’s requirements.
Aptech Ltd is a leader in the non-formal vocational training industry, with a significant global presence. The company provides career and professional training through multiple brands, including Arena Animation, Maya Academy of Advanced Creativity, and Lakmé Academy powered by Aptech. Aptech also offers enterprise solutions for corporate training and assessments, further solidifying its position in the education and training sector.