Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Dynacons Systems & Solutions Ltd. Capital/Financing Update 2024

Mar 26, 2024

61285_rns_2024-03-26_6deb7d4f-a8da-4d5c-9df4-1b2fae26f732.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

Date: 26.03.2024

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

Sub: Press Release

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, please find enclosed Press Release titled "Dynacons Secures Prestigious Order for Enterprise Servers from National Payments Corporation of India" which is issued by the Company on March 26, 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 Patwa Company Secretary & Compliance Officer Mem. No.- 60986 Encl- A/a

Dynacons Systems & Solutions Limited CIN NO : L72200MH1995PLCO093130

Certified ISO 9001:2008, ISO 14001:2015, ISO 20000-1:2011, ISO 27001:2013, CMMI Maturity Level 3

Registered Office : 78, Ratnajyot Industrial Estate, Irla Lane, Vile Parle West, Mumbai - 400 056. Corporate Office : 3rd Floor, A Wing, Sunteck Centre, Subhash Road, Near Garware Chowk, Vile Parle East, Mumbai - 400 057. GE +91-22-66889900 | im +91-22-26716641 @ www.dynacons.com | i [email protected] 1860-123-4444

Annexure 1

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

Sr.
No.
Particular Remarks
1 name
awarding
entity
the
of
order(s)/contract(s)
the National Payments Corporation of India (NPCI)
2 terms
conditions
and _
significant
order(s)/contract(s) awarded in brief;
of Project involves deployment of HPE Enterprise
Seven
Servers
backline
with
years'
_
comprehensive support & committed uptime
3 whether
order(s)/contract(s)
have
awarded by domestic/ international entity;
been Domestic Entity
4 nature of order(s) / contract(s); The
Scope
work
includes
Supply,
of
maintenance
HPE
installations
&
of
Enterprise Servers with Seven years' backline
comprehensive support & committed uptime
5 whether domestic or international; Domestic
6 which
time
period
by
order(s)/contract(s) is to be executed;
the 7 years
7 broad
consideration
size
or
of
order(s)/contract(s);
the}Rs.
41.72 Crores (Rupees Forty-One Crores
Seventy-Two Lakhs Only) (Excluding GST)
8 whether the promoter/ promoter group / No
group companies have any interest in the
awarded
entity
that
the
order(s)/contract(s)?
nature
If yes,
of
interest and details thereof;
9 whether
would No
order(s)/contract(s)
the
party transactions?
within
related
fall
If
yes, whether the same is done at "arm's
length".

For Dynacons Systems & Solutions Limited

Pooja Girish Patwa Digitally signed by Pooja Girish Patwa Date: 2024.03.26 20:09:41 +05'30'

Pooja Patwa Company Secretary & Compliance Officer Mem. No.- A60986

Dynacons Systems & Solutions Limited CIN NO : L72200MH1995PLC093130

Certified ISO 9001:2008, ISO 14001:2015, ISO 20000-1:2011, ISO 27001:2013, CMMI Maturity Level 3

Registered Office : 78, Ratnajyot Industrial Estate, Irla Lane, Vile Parle West, Mumbai - 400 056.

Corporate Office : 3rd Floor, A Wing, Sunteck Centre, Subhash Road, Near Garware Chowk, Vile Parle East, Mumbai - 400 057.

GE +91-22-66889900 | Ii +91-22-26716641 € www.dynacons.com | i [email protected] 1860-123-4444

Dynacons Secures Prestigious Order for Enterprise Servers from National Payments Corporation of India

Mumbai, India, March 26,2024

We are pleased to announce that Dynacons Systems & Solutions Ltd has been awarded a significant contract worth Rs. 41.72 Crores by the National Payments Corporation of India (NPCI) for a Data Centre Tech Refresh initiative.

NPCI, established under the provisions of the Payment and Settlement Systems Act, 2007, as an initiative of the Reserve Bank of India (RBI) and the Indian Banks' Association (IBA), plays a pivotal role in developing a robust Payment & Settlement Infrastructure in India. As an umbrella organization, NPCI facilitates critical services including UPI Payment, Bharat Bill Pay, RuPay Card, Fast Tag, and more.

NPCI continually innovates its services to meet evolving market needs and anticipates future demands proactively. The organization is dedicated to providing a seamless experience to all its customers, irrespective of their size, location, or level of interface. In line with NPCI's commitment to enhancing its IT infrastructure to support business growth, the Data Centre located in Chennai is slated for a significant upgrade. The proposed solution involves deploying enterprise-class HPE Servers capable of handling the most demanding workloads. This initiative of NPCI signifies a significant step towards strengthening India's payment and settlement infrastructure.

The adoption of Enterprise Class Servers will accelerate NPCI's digital transformation journey by leveraging modern operating systems. This will enable NPCI to seamlessly integrate the latest versions of applications, thereby enhancing server performance and expanding its capabilities. The refreshed server environment is poised to better align with NPCI's business goals. The comprehensive solution offered by Dynacons includes the deployment of HPE Enterprise Servers, backed by seven years of comprehensive support and committed uptime.

This order underscores Dynacons' expertise in delivering high-quality enterprise server solutions and driving innovation and facilitating seamless transactions for millions of users across India. In addition, this refresh to NPCI's IT infrastructure marks yet another milestone in the country's ongoing digital payment journey, reinforcing its commitment to fostering a secure and efficient digital payment ecosystem for the nation.

"Dynacons is honored to have been awarded this contract. With this contract win, our Company further solidifies its position as a trusted partner for businesses seeking reliable, cutting-edge technology solutions. We are excited about the opportunity to support our clients' growth and success. We look forward to leveraging our expertise and resources to drive success for our clients and help them achieve their business objectives." commented Mr. Amit Vora, National Business Head of the Company.

Dynacons Systems & Solutions Limited CIN NO : L72200MH1995PLC093130

Certified ISO 9001:2008, ISO 14001:2015, ISO 20000-1:2011, ISO 27001:2013, CMMI Maturity Level 3

Registered Office : 78, Ratnajyot Industrial Estate, Irla Lane, Vile Parle West, Mumbai - 400 056. Corporate Office : 3rd Floor, A Wing, Sunteck Centre, Subhash Road, Near Garware Chowk, Vile Parle East, Mumbai - 400 057. GE +91-22-66889900 | Im +91-22-26716641 @) www.dynacons.com | i™ [email protected] 1860-123-4444

About Dynacons

Dynacons Systems & Solutions Ltd. is a 27 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.

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 multi- location 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 forward-looking 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

Dynacons Systems & Solutions Limited CIN NO : L72200MH1995PLCO093130 Certified ISO 9001:2008, ISO 14001:2015, ISO 20000-1:2011, ISO 27001:2013, CMMI Maturity Level 3

Registered Office : 78, Ratnajyot Industrial Estate, Irla Lane, Vile Parle West, Mumbai - 400 056. Corporate Office : 3rd Floor, A Wing, Sunteck Centre, Subhash Road, Near Garware Chowk, Vile Parle East, Mumbai - 400 057. GE +91-22-66889900 | im +91-22-26716641 @) www.dynacons.com | i™ [email protected] 1860-123-4444