Dynacons Systems Bags Contract Worth INR630 Million

MT Newswires Live
07/14

Dynacons Systems & Solutions (NSE:DSSL, BOM:532365) has secured a contract worth 629.8 million Indian rupees from State Bank of India (NSE:SBIN, BOM:500112), according to a Monday filing to the Indian bourses.

The project involves supply, implementation and maintenance of software defined wide area network (SD-WAN) and associated accessories at four data centers and 7,000 branches of the bank.

The contract is for seven years with all-time support with committed service-level agreement (SLA).

The company's shares were up over 1% in recent trade.

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