Aptech Ltd Secures Rs. 4.22 Crore Training Contract
Filing Summary
Aptech Ltd has disclosed the receipt of a work order under Regulation 30 of SEBI (LODR) Regulations, 2015. The company has been awarded a contract by an autonomous body under a State Government to conduct training programs. The contract, valued at an estimated Rs. 4.22 crore, is to be executed within the financial year 2025-26. The order is domestic, and there is no interest from the promoter group in the awarding entity. The contract does not fall under related party transactions.
Aptech Ltd has announced the receipt of a work order from an autonomous body under a State Government. This disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The contract involves conducting training programs and is valued at an estimated Rs. 4.22 crore, exclusive of applicable taxes. The execution of this contract is scheduled for the financial year 2025-26.
The contract awarded to Aptech is domestic in nature. It includes specific terms and conditions, a statement of work, respective deliverables, a service level agreement, and payment terms. There is no involvement of the promoter or promoter group in the entity awarding the contract, and it does not constitute a related party transaction.
Aptech Ltd, established in 1986, is a pioneer in the non-formal vocational training sector with a significant global presence. The company operates over 1000 centers worldwide, offering training in various sectors such as IT, media and entertainment, retail and aviation, beauty and wellness, banking and finance, and the pre-school segment. Aptech provides training through its brands like Arena Animation, Maya Academy of Advanced Creativity, and Lakmé Academy powered by Aptech.
Aptech’s business is divided into two main streams: Individual Training and Enterprise Business Group. Individual Training includes career and professional training through multiple brands, while the Enterprise Business Group offers training and assessment solutions for corporates and institutions. Additionally, Aptech provides online training in graphic design, animation, VFX, and game design through ProAlley.