Atishay Secures New Work Order for BSNL Network Services

The company’s expanding portfolio in the public sector continues as it bags a new contract for infrastructure services at IIFM, Bhopal.

BHOPAL — Atishay Limited, a prominent player in the e-governance and information technology sector, has been awarded a new work order from Bharat Sanchar Nigam Limited (BSNL) in Bhopal. The contract, valued at approximately 4.7 million rupees (₹47.06 lakh), marks another step in the company’s ongoing efforts to strengthen its digital infrastructure footprint across India.

The scope of the work order involves the supply, installation, and commissioning of Wi-Fi and network infrastructure at the Indian Institute of Forest Management (IIFM) in Bhopal. Additionally, the contract includes a comprehensive Annual Maintenance Contract (AMC) to ensure the long-term operational integrity of the installed systems.

Strategic Expansion in IT Infrastructure

This project, officially awarded by BSNL, is scheduled for execution over a period of one year following the issuance of the installation and commissioning certificate. The order reinforces Atishay's role as a trusted service provider for government and public sector enterprises, building on a string of recent wins in the e-governance and fintech domains.

Atishay has been actively diversifying its order book, focusing on large-scale IT applications that generate socio-economic impact. The company’s recent activities include significant projects in card printing and delivery for the Ayushman Bharat scheme and various micro-ATM deployment initiatives for cooperative banks across several states.

Regulatory Disclosure and Compliance

The company disclosed the details of the contract in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Atishay confirmed that this contract is not a related-party transaction and that the promoters or their group entities hold no interest in the award, ensuring standard corporate governance transparency.

Why It Matters

For Atishay, the contract contributes to steady revenue visibility and reinforces its reputation for executing specialized network and digital infrastructure projects. As India continues its push toward digital transformation—particularly in educational and government institutions—the demand for reliable, managed network services remains a critical growth driver for companies operating within this segment.

Quote Section

"According to officials," the company remains committed to leveraging its technological capabilities to support public sector enterprises, with this latest award from BSNL serving as a testament to the continued confidence of state-run organizations in its service execution strength.

Key Facts at a Glance

• Contract Value: ₹47.06 Lakhs (inclusive of all duties and taxes).

• Key Client: Bharat Sanchar Nigam Limited (BSNL), Bhopal.

• Project Location: Indian Institute of Forest Management (IIFM), Bhopal.

• Project Scope: Supply, installation, commissioning of Wi-Fi/network, and comprehensive AMC.

• Execution Timeline: Within one year of the commissioning certificate issuance.

FAQ

What does the new BSNL work order entail?

The order covers the complete setup of Wi-Fi and network infrastructure at IIFM Bhopal, along with a comprehensive annual maintenance contract.

How does this affect Atishay’s business?

It strengthens the company’s e-governance and IT infrastructure order book, providing further revenue visibility and validating its capability to serve public sector enterprises.

Is this a related-party transaction?

No, Atishay has clarified that the project is not a related-party transaction.

Source: BSE Limited, EquityBulls, Terminal