Image Source : The Economic Times
Techd Cybersecurity Limited has received a ₹2.16 crore (ex‑GST) order from Rugr SIL Private Ltd for three years of cyber security staff augmentation services. The domestic contract, billable monthly on a yearly renewable basis, will be executed within 10 days and strengthens Techd’s recurring revenue visibility in specialised cyber talent.
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Techd Cybersecurity Limited (formerly Techdefence Labs Solutions Limited) has notified the National Stock Exchange that it has secured a new order from Rugr SIL Private Ltd for cyber security staff augmentation. The engagement covers provision of specialised cyber security resources over a three‑year period on a managed staffing model.
The contract value stands at ₹2.16 crore, excluding GST, with execution to commence within 10 days of the disclosure. Commercially, the arrangement is structured as a three‑year contract with yearly renewal and monthly billing, offering predictable cash flows and longer‑term client stickiness in the high‑demand cyber security space. The company has clarified that Rugr SIL is a domestic, non‑related party entity, with no promoter group interest involved.
Key Highlights
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Awarding entity: Rugr SIL Private Ltd (domestic company).
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Contract nature: Staff augmentation for “cyber security resources”.
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Deal size: ₹2.16 crore, excluding GST, with monthly billing and yearly renewal over three years.
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Execution timeline: To start within 10 days; total contract period of three years.
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Governance: No promoter/group interest; not classified as a related‑party transaction under SEBI norms.
Sources: NSE corporate filing – Techd Cybersecurity Limited
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