3i Infotech Subsidiary Secures THB 10.5M Contract from Krung Thai Bank
3i Infotech's wholly owned step-down subsidiary, 3i Infotech (Thailand) Limited, has secured a contract from Krung Thai Bank Public Company Limited, Thailand. The contract, valued at THB 10,542,056.07 (approximately Rs. 3 crore) exclusive of taxes, is for a period of 15 months, from June 24, 2026, to September 20, 2027. The scope of work involves talent deployment for Full Stack Development, Backend Development (Java), Frontend Development (Angular), DevOps Engineering, Quality Assurance / Test Automation Engineering, Business Analysis, and Solution Architecture to support the bank's digital transformation initiatives. The company is making this disclosure voluntarily as the amount is below the materiality threshold.
Key Highlights
- Subsidiary awarded 15-month contract by Krung Thai Bank, Thailand.
- Contract value is THB 10.54 million (approx. Rs. 3 crore), excluding taxes.
- Services include talent deployment for digital transformation and application development.
- Disclosure made voluntarily as contract value is below materiality threshold.
Price Impact
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