Dynacons Systems Bags ₹18.84 Crore Order from Bank of Baroda for CTS Scanners

Dynacons Systems & Solutions Ltd, an Indian IT solutions provider specialising in system integration, managed services, and digital infrastructure projects, has successfully obtained a new order valued at ₹18.84 crores from Bank of Baroda. The project involves providing CTS (Cheque Truncation System) scanners and associated services to the bank.

Contract Overview and Project Scope

The contract awarded by Bank of Baroda involves the supply, installation, and maintenance of CTS scanners for the bank’s sponsored Regional Rural Banks and subsidiaries. This includes integrating the scanners with the respective CTS applications. The entire implementation is scheduled to be completed within 8 weeks of the purchase order, followed by a comprehensive service and maintenance agreement lasting 5 years, supported by a Service Level Agreement (SLA).

Recent Business Highlights 

Recently, Dynacons Systems & Solutions Limited has secured a contract worth ₹138.44 crores from the Life Insurance Corporation (LIC) to provide Digital Workplace Solutions, including the supply, installation, and maintenance of desktop computers and all-in-one desktops. The project, spanning 3 years, focuses on IT lifecycle management, sustainability goals, and minimising electronic waste through a buyback program. 

Read More: Dynacons Systems and Solutions Share Price Gains After ₹138 Cr LIC Contract

Share Performance 

As of May 20, 2025, at 11:55 AM, Dynacons Systems and Solutions share price is trading at ₹1,191.20 per share, reflecting a surge of 0.72% from the previous closing price. Over the past month, the stock has surged by 1.34%. The stock's 52-week high stands at ₹1,736.90 per share, while its low is ₹926.90 per share.

Conclusion

This order highlights Dynacons' continued growth in the tech infrastructure sector, reinforcing its capability to deliver large-scale solutions with long-term support.

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