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3i Infotech Ltd.

BSE: 532628 Sector: IT
BSE 00:00 | 24 Apr 2020 3i Infotech Ltd
NSE 05:30 | 01 Jan 1970 3i Infotech Ltd


July 26, 2016, 7:37 pm | Source: BSE

3i Infotech Ltd has informed BSE that the Company has received letter dated July 26 2016 from ICICI Bank Limited (?ICICI Bank?) informing the Company that ICICI Bank would like to discontinue some of the service contracts with the Company and its group Companies effective July 31 2016.

The Company is committed to take all necessary steps to ensure that the discontinuation of the above mentioned contracts by ICICI Bank does not have any material impact on the business operations and profitability of the Company.