NSEBagging/Receiving of orders/contracts1d ago · 21 Sept 2026, 03:11 pm

Bagging/Receiving of orders/contracts

Onward Technologies Limited · ONWARDTEC

✦ AI Summary▲ PositiveOrder Win

Onward Technologies Limited has informed the Exchange about the renewal of a multi-year Managed Digital Services contract with a leading manufacturer of construction and mining equipment, valued at ₹44.46 Crores, representing a 72% increase in value compared to the previous contract.

Analysis Scores

Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Onward Technologies Limited has informed the Exchange about Bagging/Receiving of orders/contracts

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MD11015_21092026151047_Updated_Stock_Exchange_Intimation_-_Contract_Renewal.pdf

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Ref No.: OTL/Secretarial/SE/2026-27/54 Date: September 21, 2026 BSE Limited National Stock Exchange of India Corporate Relationship Department Exchange Plaza 1st Floor, New Trading Ring, Bandra Kurla Complex Rotunda Building, P. J. Towers, Bandra (E) Dalal Street, Fort, Mumbai 400 051 Mumbai – 400 001 Script Code BSE 517536 Code ONWARDTEC Sub: Intimation of Renewal of Digital Engineering Services Contract under Regulation 30 of SEBI (LODR) Regulations, 2015 Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that Onward Technologies Limited, leading provider of Digital and ER&D services, announces the renewal of a multi-year Managed Digital Services contract with increased scope valued at ₹44.46 Crores (Rupees Forty Four Crores and Forty Six Lakhs Only) with one of the world's leading manufacturers of construction and mining equipments. The contract tenure extends from August 2026 to August 2029. The renewed engagement represents a 72% increase in value compared to the previous contract and reflects the customer's continued confidence in Onward Technologies' delivery excellence, digital engineering capabilities, and strategic partnership. Under the agreement, Onward Technologies will provide Managed Digital Services supporting the client's global e-commerce and aftermarket business platforms. The scope includes application development and enhancement, cloud-native engineering, microservices architecture, API development, DevOps-enabled delivery, testing, deployment and integration services. The details required under applicable SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are enclosed herewith as Annexure-A. Kindly take the above information on record. For Onward Technologies Limited Jigar Mehta Managing Director DIN:- 06829197 Regd. address.: 2nd floor, Sterling Centre, Dr. A.B. Road, Worli, Mumbai 400018. Tel: +91 22 24926570 CIN: L28920MH1991PLC062542 | email: compliance@onwardgroup.com | website: www.onwardgroup.com Mumbai | Pune | Chennai | Bengaluru | Hyderabad | Chicago | Detroit | Birmingham | Munich | Toronto Annexure-A Disclosure of Information pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 Name of the entity awarding the World’s leading manufacturer of construction order(s)/contract(s) and mining equipment. Significant terms and conditions of Contract type: Managed Digital Services order(s) / Contracts(s) awarded in Brief contract Commercial construct: Outcome based Services Contract duration: 3 years Delivery Location: 100% Offshore based delivery from our India Delivery Centers Whether order(s) / contract(s) have been Domestic awarded by domestic/ international entity Nature of Order / Contract Managed Digital Services contract for the application development, enhancement, testing, deployment, integration and application support of e-commerce platform for their aftermarket business, including cloud-native application engineering, microservices, APIs and DevOps-enabled delivery. Whether domestic or international Domestic Time period by which the From August 2026 to August 2029 order(s)/contract(s) is to be executed Broad consideration or size of the Aggregate contract value of ₹44.46 Crore over order(s)/contract(s); the contract tenure Whether the Promoter / Promoter Group / No group companies have any interest in the entity that awarded the order / contract Whether the order / Contract would fall Not Applicable within related party Transactions. If yes, whether the same is done at “arm’s length”. Regd. address.: 2nd floor, Sterling Centre, Dr. A.B. Road, Worli, Mumbai 400018. Tel: +91 22 24926570 CIN: L28920MH1991PLC062542 | email: compliance@onwardgroup.com | website: www.onwardgroup.com Mumbai | Pune | Chennai | Bengaluru | Hyderabad | Chicago | Detroit | Birmingham | Munich | Toronto