Percept announced on Friday they had signed a deal with Vijender but reacting to the news, Infinity Optimal Solutions Pvt Ltd said in a statement that it is dismayed and amazed since the Haryana boxer is still contractually and legally bound to IOS for the next six years.

“IOS wishes to clarify and categorically state IOS has signed an exclusive Client Representation Agreement with Vijender Singh on September 15, 2005 for a period of ten years (till September 2015),” the statement said.