Everonn Systems India Ltd has announced that the Company has received Letter of Intent (LOI) from the Office of the Nagpur Municipal Corporation, Nagpur for implementation of Computer Education in Nagpur Municipal Corporation Schools (NMC).

As per the LOI, the Company would implement the said project in 84 NMC Schools over a period of 5 years. 

The contract is valued at Rs 6.85 crores. The stock of the company closed today at Rs 304 on BSE.