NSEBagging/Receiving of orders/contracts28 Sept 2026 · 28 Sept 2026, 09:56 am
Bagging/Receiving of orders/contracts
Ksolves India Limited · KSOLVES
✦ AI Summary▲ PositiveOrder Win
Ksolves India Limited has received a new order worth USD 0.5 million from Demerara Bank Limited to implement an Agentic AI solution.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10
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Ksolves India Limited has informed the Exchange about Bagging/Receiving of orders/contracts
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KSOLVES_28092026095554_Demeraraorder.pdf
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Date: September 28, 2026
Listing Compliance Listing Compliance
National Stock Exchange of India Ltd. The Bombay Stock Exchange Limited,
Exchange Plaza, Plot no. C/1, G Block, Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex, Bandra (E) Dalal Street,
Mumbai – 400051 Mumbai – 400 001
Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026
dated January 30, 2026 – Receipt of Order from Demerara Bank Limited’.
Scrip Code: 543599; NSE SYMBOL: KSOLVES; ISIN: INE0D6I01023
Dear Sir/Madam,
Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“SEBI LODR Regulations”), and in terms of the SEBI Master Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, we wish to inform you that the Company has
received a new order worth USD 0.5 million (United States Dollars zero point five million) from Demerara Bank
Limited, Georgetown, Guyana, to implement an Agentic AI solution as a key strategic initiative, strengthening
our existing partnership across the Bank’s digital transformation projects.
Brief background of the client:
Demerara Bank Limited (“DBL”) is Guyana’s first and only indigenous private-sector bank, incorporated in January
1992 and commercially launched in November 1994. Headquartered in Georgetown, Guyana, DBL operates through
a network of branches across the country and offers a full range of commercial banking services, including savings
and term deposit accounts, retail and corporate loans, credit cards, internet and mobile banking, cambio/foreign
exchange, payroll services and international money-transfer facilities.
The disclosure in the format prescribed under the SEBI Master Circular HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated January 30, 2026 is attached herewith as Annexure-A.
We request you to kindly take the above information on record and disseminate the same to the members/investors.
This is for your information and records.
For Ksolves India Limited
Manisha Kide
Company Secretary and Compliance Officer
Annexure-A
Sr. No Particulars Details
a) Name of the entity awarding the Demerara Bank Limited
order(s)/contract(s)
b) Significant terms and conditions of Demerara Bank Limited, Guyana, has selected Ksolves to
order(s)/contract(s) awarded in brief implement an Agentic AI solution along with its
underlying technology infrastructure.
c) Whether order(s)/contract(s) have been
International Entity, Guyana, South America
awarded by domestic/ international entity
d) Nature of order(s)/contract(s) IT Services – To implement an Agentic AI solution along
with its underlying technology infrastructure.
Whether domestic or international International
Time period by which the order(s)/contract(s) 7 months
is to be executed
g) Broad consideration or size of the
Approximately, USD 0.5 million
order(s)/contract(s)
h) Whether promoter/promoter group/group NA
companies have any interest in the entity
that awarded the order(s)/contract(s)? If yes,
nature of interest and details thereof.
i) Whether the order(s)/contract(s) would fall
within related party transactions? If yes,
whether the same is done at “arm’s length”.