Allied Digital Secures Landmark Rs.420+ Cr Contract for a Leading European Pharmaceutical Company

Allied Digital Services Limited, a global provider of IT services and a Master System Integrator (MSI), has announced that it has been awarded a significant five-year, Rs.420 Cr contract by a leading European multinational pharmaceutical company and a marquee name in the global pharmaceutical industry. The agreement is set to transform the digital workplace for more than 120,000 employees spanning 66 countries across the Americas, Europe, and the Middle East.

This landmark win highlights Allied Digital's expanding global reach and expertise in delivering comprehensive digital workplace solutions. The scope of the contract includes an extensive suite of IT services, such as deskside and hardware support, management of collaboration and meeting room technologies, and audio-video platform support. The company will also provide Installation, Move, Add, and Change (IMAC) services for end-users and establish dedicated IT experience centers in key regions to enhance user satisfaction.

This strategic engagement will position Allied Digital as a key partner in modernizing the client's digital infrastructure and improving the overall employee experience on a global scale.

Mr. Nitin D Shah, CMD - Allied Digital commented, "We are pleased to announce this landmark contract with a leading multinational pharmaceutical company. This prestigious engagement, valued at Rs.420+ Cr over five years, focuses on transforming the digital workplace for over 120,000 employees across 66 countries. It validates our global capabilities and highlights our expertise in delivering large-scale, complex and transformative projects, thereby solidifying our position as a trusted provider of enterprise-grade solutions".

Shares of Allied Digital Services Limited was last trading in BSE at Rs. 174.35 as compared to the previous close of Rs. 174.30. The total number of shares traded during the day was 268834 in over 5042 trades.

The stock hit an intraday high of Rs. 184.05 and intraday low of 170.05. The net turnover during the day was Rs. 47891038.00.

Source : Fortis Securities

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