BSECompany Update8 Oct 2026 · 8 Oct 2026, 08:54 am
Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015: Press release on Signing of Memorandum of Understanding with the Ministry of Telecommunications and Digital Affairs of Senegal and GCIB for Africa.
Blue Cloud Softech Solutions Ltd · 539607
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Blue Cloud Softech Solutions Ltd has signed a Memorandum of Understanding (MoU) with the Ministry of Telecommunications and Digital Affairs of Senegal and the Global Council for Investment and Business for Africa. The MoU aims to support digital transformation, innovation, digital infrastructure, and the development of a national innovation ecosystem in Senegal.
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Blue Cloud Softech Solutions Ltd - 539607 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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8 October 2026
The General Manager The Listing Department
Corporate Relationship Department National Stock Exchange of India Limited
BSE Limited Exchange Plaza, Bandra Kurla Complex
Phroze Jeejeebhoy Towers, Dalal Street, Bandra (East), Mumbai – 400051
Mumbai - 400001
Scrip Code: 539607 Symbol: BLUECLOUDS
ISIN: INE373T01047 ISIN: INE373T01047
Dear Sir / Madam,
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015: Press release on Signing of Memorandum of Understanding
with the Ministry of Telecommunications and Digital Affairs of Senegal and GCIB for Africa.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“Listing Regulations”), read with the circulars issued thereunder, we wish to
inform you that Blue Cloud Softech Solutions Limited Signs Memorandum of Understanding with the
Ministry of Telecommunications and Digital Affairs of Senegal and GCIB for Africa.
A copy of the press release being issued by the Company in this regard is enclosed as Annexure A.
The same is also being made available on the Company’s website at https://bluecloudsoftech.com/wp-
content/uploads/2026/10/Press-release-1.pdf.
You are requested to kindly take the above on record.
Thanking you,
Yours faithfully,
For Blue Cloud Softech Solutions Limited
MHVSN Sambhu Prasad
Company Secretary and Compliance Officer
ICSI Membership No. F8795
Encl.: Annexure A: Press release dated 8 October 2026
Blue Cloud Softech Solutions Limited P: +91 84660 22022
Regd. Off: Plot No 38, 5th Floor, N E: info@bluecloudsoftech.com
Heights, Siddiq Nagar, Hitech City, www.bluecloudsoftech.com CIN: L72200TG1991PLC013135
Madhapur, Hyderabad, Telangana-500081
Annexure A
Blue Cloud Softech Solutions Limited Signs Memorandum of
Understanding with the Ministry of Telecommunications and Digital
Affairs of Senegal and GCIB for Africa
The three-party Memorandum of Understanding will support digital transformation, innovation,
digital infrastructure and the development of a national innovation ecosystem in the Republic of
Senegal
Dakar, Senegal | Hyderabad, India, 8 October 2026: Blue Cloud Softech Solutions Limited (BSE:
539607 | NSE: BLUECLOUDS) ("BCSSL") today announced that it has signed a Memorandum of
Understanding ("MoU") with the Ministry of Telecommunications and Digital Affairs of the Republic
of Senegal and the Global Council for Investment and Business for Africa ("GCIB"). The MoU was
signed in Dakar on 6 October 2026 and sets out a framework for cooperation in digital transformation,
innovation, digital infrastructure and the development of a national innovation ecosystem in Senegal.
The MoU was signed by Mr. Samba Diouf, Minister of Telecommunications and Digital Affairs of
the Republic of Senegal; Dr. Idrissa Doucouré, Executive President of GCIB for Africa; and Dr.
Chandrashekar Mudraganam, Chief Executive Officer of Blue Cloud Softech Solutions Limited.
Aligned with Senegal's New Deal Technologique
The cooperation is designed to align with the New Deal Technologique of the Republic of Senegal
and its flagship programmes, including the Senegal Digital Factory, the Data and AI Factory, the AI
Scaling Hub and the Startup Ecosystem programme. The MoU also builds on the existing
Memorandum of Understanding between GCIB and BCSSL of April 2026 on a Digital Factory
initiative in Senegal.
Areas of cooperation
Under the MoU, the parties will cooperate in the following areas:
• Sharing of experience, knowledge, technical expertise and best practices in digital
transformation, e-governance and innovation, and in the development and export of digital
products and services.
• Strengthening institutional and human capital capacity through collaborative research, pilot
projects, technology transfer, training programmes and digital innovation initiatives.
• Exchange of expertise and non-binding technical inputs on digital transformation, data
governance, cybersecurity and emerging technologies, at the request of the Ministry.
• Support for the identification and preliminary structuring of public-private partnership
opportunities, innovation clusters, startup development programmes and investment
opportunities, in accordance with Senegalese law and procurement procedures.
• Establishment of testbeds, digital sandboxes and experimental environments to design, test,
validate and scale innovative digital solutions.
Blue Cloud Softech Solutions Limited P: +91 84660 22022
Regd. Off: Plot No 38, 5th Floor, N E: info@bluecloudsoftech.com
Heights, Siddiq Nagar, Hitech City, www.bluecloudsoftech.com CIN: L72200TG1991PLC013135
Madhapur, Hyderabad, Telangana-500081
• Joint participation in international events, exhibitions, trade missions and knowledge-
exchange activities.
The MoU also aims to develop digital talent, entrepreneurship, knowledge exchange, investment
mobilisation and technology transfer in the Republic of Senegal, and to position Senegal as a major
hub for innovation, entrepreneurship, digital infrastructure and technology in West Africa and the
wider Francophone African region.
Framework and next steps
The MoU is a non-binding, non-exclusive cooperation framework with a term of three years. Any
specific project or public-private partnership arising from it will be subject to a separate written
agreement, in accordance with the applicable laws of the Republic of Senegal and the procedures of
the competent authorities. The parties may form a joint working committee to prepare annual work
plans and monitor progress. The MoU does not create financial obligations for any party.
Commenting on the signing, Dr. Chandrashekar Mudraganam, Chief Executive Officer of Blue Cloud
Softech Solutions Limited, said: "We are honoured to sign this Memorandum of Understanding with
the Ministry of Telecommunications and Digital Affairs and GCIB for Africa. Senegal has set a clear
and ambitious direction through the New Deal Technologique. BCSSL brings its experience in
artificial intelligence, cloud computing, digital infrastructure, data centres and cybersecurity, and we
look forward to working with our partners to build the skills, startups and infrastructure that will
support Senegal's digital future."
Complementary strengths
GCIB brings experience in strategic project development, international cooperation, investment
mobilization and public-private partnership structuring. BCSSL contributes expertise in artificial
intelligence, cloud computing, digital infrastructure, data centers, cybersecurity, digital platforms and
startup acceleration.
About Blue Cloud Softech Solutions Limited
Blue Cloud Softech Solutions Limited (BSE: 539607 | NSE: BLUECLOUDS), headquartered in
Hyderabad, India, is an AI-first technology company incorporated in 1991. The company works
across artificial intelligence, cloud computing, digital infrastructure, data centres, cybersecurity,
digital platforms, startup acceleration, emerging technologies and smart solutions. Website:
www.bluecloudsoftech.com
About the Global Council for Investment and Business for Africa (GCIB)
The Global Council for Investment and Business for Africa (GCIB) is a company limited by
guarantee registered in England and Wales, with its registered office in London. GCIB works on
strategic project development, international cooperation, investment mobilisation, public-private
partnership structuring and financing facilitation across Africa.
Blue Cloud Softech Solutions Limited P: +91 84660 22022
Regd. Off: Plot No 38, 5th Floor, N E: info@bluecloudsoftech.com
Heights, Siddiq Nagar, Hitech City, www.bluecloudsoftech.com CIN: L72200TG1991PLC013135
Madhapur, Hyderabad, Telangana-500081
Safe harbour
This press release contains forward-looking statements based on current expectations, which involve
risks and uncertainties, including project execution, client approvals and acceptance, and economic
and technology conditions. Actual results may differ materially. The
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