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Dynamic Services & Security Secures Railway Outsourcing Contract

Written by: Team Angel OneUpdated on: Feb 5, 2025, 2:40 PM IST
Dynamic Services & Security Limited has secured a ₹1.26 crore contract from South East Central Railway for crew and guard box loading/unloading at Bilaspur Division stations.
Dynamic Services & Security Secures Railway Outsourcing Contract
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Dynamic Services & Security Limited, an ISO 9001:2015 & ISO 45001:2018 certified organisation, has recently secured a new contract from South East Central Railway. The work order pertains to the outsourcing of box loading and unloading services for train crew and guards at Kobra (KRBA) and Brajrajnagar (BRJN) stations in the Bilaspur Division.

This development underscores the company’s role in railway logistics support and its growing presence in the railway infrastructure sector.

The share price of Dynamic Services & Security was trading in the green, up by 1.01% as of 11:23 AM.

Contract Details and Scope of Work

According to the disclosure made under SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, the contract involves:

  • Project Scope: Outsourcing of box loading/unloading for train crew and guards at both UP and Down directions at Kobra and Brajrajnagar stations.
  • Contract Duration: The project will run for 2 years, starting from February 1, 2025 and concluding on January 31, 2027.
  • Contract Value: The total contract value is ₹1,26,41,205.60 (₹1.26 crore).
  • Awarding Entity: The contract has been awarded by South East Central Railway, a domestic entity.

Strategic Significance for Dynamic Services & Security

This contract reinforces Dynamic Services & Security Limited’s ability to secure railway infrastructure projects, aligning with its operational expertise in security and logistics. With a 2-year execution period, the project will contribute to the company’s revenue stream while strengthening its presence in railway outsourcing services.

Additionally, the company has clarified that neither its promoters nor any related parties have a vested interest in the awarding entity, ensuring transparency in its dealings.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing

Published on: Feb 5, 2025, 2:40 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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