Aarvi Encon Limited wins the following work orders from IOCL. The said work orders considered material in the opinion of the authorized key managerial personnel for determining the materiality of an event or disclosures as per the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015. The Company has received a contract of INR 106,933,680/- for supply of skilled workforce for Assistance in Research and Non - Research Project work at R&D Centre, IOC, Faridabad. The contract is for a period of 2 years from handing over the site.