ITCONS Pay10 Staffing Agreement Signed; Shares Rise 2.67%

Mumbai, March 24: ITCONS E-Solutions Limited has entered into a staffing and recruitment agreement with Pay10 Services Private Limited, adding a fintech-focused client to its portfolio.

The company said in its exchange disclosure that it will provide trained personnel on a contractual basis and assist in hiring for permanent roles as required. Pay10 Services, which operates in the digital payments space, was previously known as Bhartipay Services Private Limited.

Rather than a fixed-value contract, the engagement will evolve over time, depending on business requirements and project flow.

Stock Market Snapshot

ITCONS E-Solutions share price traded at ₹265.00, up 2.67% as of 13:20 IST on March 24, 2026, according to exchange data. The stock opened at ₹268.00 and moved in a relatively tight band, with a low of ₹260.00 and a high of ₹269.00 so far.

The ITCONS E-Solutions share price showed mild strength through the session. The move appears sentiment-driven, as agreements of this nature usually take time to reflect in financial performance.

Fintech Exposure May Support Future Demand

The partnership gives ITCONS access to a client operating in the fast-evolving digital payments ecosystem, where demand for skilled manpower can be ongoing.

Pay10’s presence across payment gateways, QR-based transactions and prepaid instruments could translate into repeat staffing requirements. However, financial terms of the agreement were not disclosed, leaving the scale of opportunity open-ended.

The company also clarified that the transaction is not a related party arrangement.

Expansion Strategy Continues Through Client Wins

ITCONS has been gradually expanding its staffing business by adding clients across sectors. The fintech space, in particular, offers a mix of recurring and project-led hiring demand.

The company’s approach remains consistent. Build client relationships first, then scale engagement over time.

Execution Will Drive Meaningful Impact

At this stage, the agreement points to potential rather than immediate earnings visibility. The real benefit will depend on how the engagement progresses and converts into active mandates.

For now, the development adds to the company’s opportunity pipeline, with the market reaction remaining measured.

Source: https://www.bseindia.com/xml-data/corpfiling/AttachLive/78ef5ab9-9dee-40b4-a7f1-28043c523028.pdf