Canarys Subsidiary Wins US $250,000 LinkedIn Contract; Shares Rise 7%

Mumbai, June 2: Canarys Automations said its wholly owned subsidiary, Canarys Corp, has secured a contract from LinkedIn Corporation to develop, deploy and maintain a Power Platform-based marketing budget planning and management application.

The order has been awarded by LinkedIn Corporation, the professional networking platform owned by Microsoft, according to a regulatory filing submitted under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements Regulations.

Under the engagement, Canarys will provide end-to-end Power Apps development services, including design, testing, deployment and ongoing maintenance of the application. The contract is valued at US$250,000 and will remain valid for 10 months from the date of signing of the statement of work and related services agreement.

The company classified the order as an international contract and clarified that it is not a related-party transaction.

Management described the mandate as a significant milestone, highlighting Canarys’ growing presence among large global technology enterprises and its expertise in Microsoft Power Platform solutions.

Stock Market Snapshot

Investors reacted positively to the development, pushing the stock higher in morning trade.

As of 10:56 AM IST on June 02, 2026, Canarys Automation shares were trading at ₹21.60, up 7.20% from the previous close.

The Canarys Automation share price gained momentum after the company disclosed the LinkedIn contract, with traders viewing the order as a validation of the company’s capabilities in enterprise digital transformation and low-code application development.

The sharp move also reflects investor optimism around the potential for additional engagements from large multinational technology clients.

Company Background

Canarys Automations is a Bengaluru-based technology solutions provider focused on cloud, data, artificial intelligence, application modernization and digital transformation services.

The company operates through its subsidiary network and serves customers across the United States, Europe, Southeast Asia and India. It specializes in Microsoft technologies, DevOps, cloud migration, analytics and enterprise application development.

Canarys is a Microsoft Solutions Partner and provides services spanning Azure, AI, data platforms, application lifecycle management and cloud optimization.

Conclusion

The US$250,000 LinkedIn contract adds a globally recognised technology customer to Canarys’ order book and strengthens its credentials in the Microsoft Power Platform ecosystem.

While the order size is modest relative to larger IT services contracts, the association with LinkedIn and the company’s growing international presence appeared to resonate with investors, helping the stock rise more than 7% during the session.

Source:

• https://www.nseindia.com/get-quote/equity/CANARYS/Canarys-Automations-Limited
• https://nsearchives.nseindia.com/corporate/CANARYS_02062026095618_IntimationMajorOrderbyLinkedInCorporationdt02062026.pdf