Dynacons Systems Wins Rs 249 Crore RBI Contract, Shares Surge
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Dynacons Systems Wins Rs 249 Crore RBI Contract, Shares Surge

Dynacons Systems Solutions has secured a five-year contract worth Rs 249.15 crore from the Reserve Bank of India (RBI) for its Enterprise Applications Platform (EAP). The contract includes implementation, maintenance, and learning services for the EAP software, which is built on Red Hat OpenShift Platform Plus. This development led to a significant surge in Dynacons Systems' share price, with the stock rising nearly 14% following the announcement. The EAP aims to enhance the foundational infrastructure for developing and managing enterprise-scale applications across RBI's various centers and subsidiaries.

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