Dynacons Systems & Solutions Ltd. — Capital/Financing Update 2024

Jul 2, 2024

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02.07.2024

To, To, General Manager General Manager Department of Corporate Services, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Tower, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai, Fort, Mumbai-400001, Maharashtra 400051. Maharashtra. Symbol: DSSL Security code: 532365

Sub: Intimation Under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Madam,

Pursuant to Regulation 30 and other applicable regulations, if any, of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and amendments thereof, please find enclosed Announcement titled “Dynacons Secures Prestigious Contract for Private Cloud Infrastructure from one of the leading public sector Bank worth Rs 119 crores” which is issued by the Company on July 02, 2024.

The details required under Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015, dated September 09, 2015, are enclosed as Annexure 1.

This is for your information and records.

Thanking You,

Yours faithfully,

For Dynacons Systems & Solutions Limited

Pooja Digitally signed by Pooja Girish Girish Patwa Date: 2024.07.02 Patwa 23:08:33 -07'00'

Pooja Patwa Company Secretary and Compliance Officer Mem. No. -60986

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Annexure 1

Details required under Regulation 30 of Listing Regulations read along with SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015.

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Sr. Particular Remarks
No.
1 name of the entity awarding the Central Bank of India (CBI)
order(s)/contract(s)
2 significant terms and conditions of Project involves -
order(s)/contract(s) awarded in brief; 1. Supply, Implementation and
Maintenance of Private Cloud
Infrastructure, Backup Solution and
supporting applications in the Central Bank
of India (“the Bank”)
3 whether order(s)/contract(s) have been Domestic Entity
awarded by domestic/ international entity;
4 nature of order(s) / contract(s); The Scope of work includes

Comprehensive Private Cloud solution
for Core Banking System (CBS) data,
virtual machines (VMs), containers,
primary backup hardware, and object-
based storage for backup archival,
Tape Library Integration for enhanced
data management, Batch job
Automation Processing Solution,
Domain User Administration Privileges
Management, Internal Private Cloud
Infrastructure & Software, Virtual
Desktop Infrastructure (VDI) & Access
Management Solution.
 Professional Services & Facility
Management Services to DC & DRC.
5 whether domestic or international; Domestic
6 time period by which the 5 years extendable by an additional 2 years
order(s)/contract(s) is to be executed;
7 broad consideration or size of the Rs. 119 Crores (Rupees One Hundred
order(s)/contract(s); Nineteen Crores) (Excluding GST)
8 whether the promoter/ promoter group / No
group companies have any interest in the
entity that awarded the
order(s)/contract(s)? If yes, nature of
interest and details thereof;
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9 whether the order(s)/contract(s) would No fall within related party transactions? If yes, whether the same is done at “arm’s ” length .

For Dynacons Systems & Solutions Limited

Pooja Digitally signed by Pooja Girish Girish Patwa Date: 2024.07.02 Patwa 23:09:14 -07'00'

Pooja Patwa Company Secretary & Compliance Officer Mem. No.- 60986

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Dynacons Secures Prestigious Contract for Private Cloud Infrastructure from one of the leading public sector Bank worth Rs 119 crores.

Mumbai, India, July 02, 2024

We are pleased to announce that Dynacons Systems & Solutions Ltd has been awarded a prestigious project worth Rs. 119 Crores by the Central Bank of India. This project involves the supply, implementation, and maintenance of private cloud infrastructure, backup solutions, and supporting applications at the bank’s Data Center (DC) and Disaster Recovery Center (DRC).

The Central Bank of India, established in 1911, is one of the oldest and most significant commercial banks in the country. With a vast network of 90 Regional Offices, 12 Zonal Offices and 4617+ branches spread across the nation, the Central Bank of India has been instrumental in promoting financial inclusion and supporting various government initiatives aimed at enhancing the financial well-being of the country's populace.

The Central Bank of India aims to implement a private cloud solution to standardize and automate its processes. This upgraded IT infrastructure will enable the bank to scale faster, introduce technology enhancements more swiftly, reduce operational complexity, and automate application provisioning and deployment.

The brief scope includes Comprehensive Private Cloud solution for Core Banking System (CBS) data, virtual machines (VMs), containers, primary backup hardware, and object-based storage for backup archival, Tape Library Integration for enhanced data management, Batch job Automation Processing Solution, Domain User Administration Privileges Management, Internal Private Cloud Infrastructure & Software, Virtual Desktop Infrastructure (VDI) & Access Management Solution. The scope also includes Professional Services & Facility Management Services to DC & DRC. The contract span 5 years extendable by an additional 2 years.

Parag J Dalal, Executive Director of Dynacons, remarked, “This order is a testament to the advanced technology expertise and readiness of our team. This significant achievement underscores Dynacons' commitment to delivering cutting-edge IT solutions and solidifies our reputation as a leading provider in the industry. Having undertaken large-scale private cloud deployments, this project further strengthens our position as a top-tier provider in the market.”

About Dynacons

Dynacons Systems & Solutions Ltd. is a 28 years old IT company with global perspectives with its headquarters at Mumbai and branches all over India. The Company has a large pool of technical resources who are present at more than 250 locations across India. The Company has all the Industry leading certifications such as CMMI Level 5, ISO 9001, ISO 20000, ISO 27000 among others.

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Dynacons undertakes all activities related to IT infrastructure including infrastructure design and consulting services, turnkey systems integration and set up of large Network and Data Centre infrastructures including supply of associated equipment and software; Hyper Converged Infrastructure (HCI) solutions, Setup of Private and Public Cloud, Software Defined Network (SD WAN) and Software Defined Storage (SDS) solutions, Network Infrastructure design and setup for ISPs, VDI Solutions, onsite and remote facilities management of multilocation infrastructure of domestic clients. The Company has built a strong customer base, variety of talent and a competent service delivery infrastructure.

Dynacons provides all service models such as IaaS (Infrastructure as a Service), PaaS (Platform as a Service) and Saas (Software as a Service). Dynacons' Enterprise Services offerings include a wide spectrum of Enterprise IT Services including Infrastructure Managed Services, Breakfix Services, Managed Print Services, Cloud Computing, Systems Integration Services, and Applications Development and Maintenance. The Company provides end-to-end technology and technology related services to corporations across industry verticals. The Company has deep domain knowledge across industry sectors and technology expertise across traditional and new age technologies.

For more information please call +91-22-71889900 or visit us on www.dynacons.com.Find Dynacons on Facebook and LinkedIn

Disclaimer: Certain statements in this document that are not historical facts are forward looking statements. Such forwardlooking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances

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