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3i Infotech Unit Wins AED13 Million UAE Technology Services Contract; Shares Up 3%

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3i Infotech (NSE:3IINFOLTD, BOM:532628) said its subsidiary, 3i Infotech Software Solutions, has received a purchase order worth about 13.1 million Emirati dirhams from a UAE-based technology company, according to an Indian bourse filing on Sunday.

Shares of the company rose nearly 3% in Monday's morning trade.

The contract covers deploying and managing technology professionals across various projects for one year, with an option for extension subject to mutual agreement. The scope of work spans cybersecurity, cloud security, systems administration and network operations, among others.

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