NIIT Tech bags Rs 226 cr contract from UK regulator Ofcom

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New Delhi | Updated: January 11, 2016 3:48:16 PM

NIIT Technologies today said it has entered into an over Rs 226 crore pact with UK communications regulator Ofcom for providing information and communications technology (ICT) services.

NIIT Technologies enters into pact with UK communications regulator Ofcom.(Reuters)NIIT Technologies enters into pact with UK communications regulator Ofcom.(Reuters)

NIIT Technologies today said it has entered into an over Rs 226 crore pact with UK communications regulator Ofcom for providing information and communications technology (ICT) services.

The total value of the contract is GBP 23.30 million (about Rs 226.31 crore).

“…the company has entered into an agreement with Ofcom the UK communications regulator for provision of ICT services,” NIIT Technologies said in a filing to the BSE.

Shares of NIIT Technologies were trading 4.86 per cent higher at Rs 562.80 apiece on the BSE in the afternoon trade.

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