IRIS RegTech Solutions Bagging Contract Extension for South Africa's CODI Deposit Insurance Project

RegTech solutions provider IRIS RegTech Solutions Limited (formerly known as IRIS Business Services Limited; NSE: IRIS | BSE: 540735) has announced that it received formal confirmation from its South African partner, Xpert Decisions Systems (Pty) Ltd (XDS), for the extension of its existing engagement to execute Phase 4 of the CODI deposit insurance solution.

Contract Key Details & Annexure Summary

                       CONTRACT HIGHLIGHTS (CODI PHASE 4)
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   * Awarding Partner   : Xpert Decisions Systems (Pty) Ltd ("XDS"), South Africa
   * Project Focus      : CODI Deposit Insurance Solution (Phase 4 Extension)
   * Entity Type        : International
   * Scope of Work      : Technology development, implementation, & support
   * Business Nature    : Awarded in the ordinary course of business
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Shares of IRIS RegTech Solutions Ltd was last trading in BSE at Rs. 240.15 as compared to the previous close of Rs. 247.25. The total number of shares traded during the day was 2272 in over 111 trades.

The stock hit an intraday high of Rs. 247.30 and intraday low of 240.15. The net turnover during the day was Rs. 553146.00.

Source : Equity Bulls

Keywords

IRISRegTechSolutions INE864K01010 Contract OrderWin