BSECompany Update2d ago · 5 Nov 2026, 09:02 am
Submission of Press Release regarding execution of Memorandum of Understanding (MoU) with Kasten Development Ltd, Ghana
Blue Cloud Softech Solutions Ltd · 539607
✦ AI SummaryExpansion
Blue Cloud Softech Solutions Ltd has entered into a Memorandum of Understanding (MoU) with Kasten Development Ltd, Ghana, to explore strategic business collaboration for expanding its market presence and business opportunities in Ghana and other territories.
Analysis Scores
Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Blue Cloud Softech Solutions Ltd - 539607 - Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)
Attachments (1)
📄pdf
Download →
08e889ab-f7c9-44a1-8efb-f26e2880e73f.pdf
View document text
5 November 2026
The General Manager The Listing Department
Corporate Relationship Department National Stock Exchange of India Limited
BSE Limited Exchange Plaza, Bandra Kurla Complex
Phiroze Jeejeebhoy Towers, Dalal Street, Bandra (East), Mumbai - 400051
Mumbai - 400001
Scrip Code: 539607 Symbol: BLUECLOUDS
ISIN: INE373T01047 ISIN: INE373T01047
Dear Sir/Madam,
Sub: Submission of Press Release regarding execution of Memorandum of Understanding
(MoU) with Kasten Development Ltd, Ghana
With reference to the captioned subject, we wish to inform you that Blue Cloud Softech Solutions
Limited ("the Company") has entered into a Memorandum of Understanding (MoU) with Kasten
Development Ltd, Ghana, to explore strategic business collaboration for business development,
marketing, sales and implementation support for the Company's products and technology solutions in
the Republic of Ghana and such other territories as may be mutually agreed between the parties.
The proposed collaboration is aimed at exploring international business opportunities, strengthening
the Company's business development network and expanding the potential reach of its Artificial
Intelligence (AI) platforms, software products and technology solutions in the African market.
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 https://bluecloudsoftech.com/wp-
content/uploads/2026/11/Final-Press-Release.pdf.
We request you to kindly take the above information and the enclosed press release on record.
Thanking you.
Yours faithfully,
For Blue Cloud Softech Solutions Limited
MHVSN Sambhu Prasad
Company Secretary
(M. No. F8795)
Encl.: Annexure A: Press release dated 5 November 2026
Blue Cloud Softech Solutions Limited P: +91 84660 22022
Regd. Off: Plot No 38, 5th Floor, N E: info@bluecloudsoftech.com CIN:
Heights, Siddiq Nagar, Hitech City, www.bluecloudsoftech.com L72200TG1991PLC013135
Madhapur, Hyderabad, Telangana-500081
Annexure-A
BLUE CLOUD SOFTECH SOLUTIONS LIMITED
PRESS RELEASE
Blue Cloud Softech Solutions Limited Enters into Strategic MoU with Ghana-Based Kasten
Development Ltd to Expand International Business Presence and Accelerate AI & Technology
Solutions in African Markets
Hyderabad, India | 5th November 2026
Blue Cloud Softech Solutions Limited ("BCSSL" or "the Company"), a publicly listed technology
company engaged in Artificial Intelligence (AI), software development and IT services, is pleased to
announce that it has entered into a Memorandum of Understanding (MoU) with Kasten Development
Ltd, Ghana, to explore strategic business collaboration for expanding the Company's market
presence and business opportunities in the Republic of Ghana and other mutually agreed territories.
The proposed collaboration marks a strategic initiative by the Company towards exploring
international growth opportunities, strengthening its global business development network and
expanding the potential reach of its AI-driven platforms, software products and technology solutions
in emerging international markets.
Strategic Collaboration and Business Development Framework
Under the proposed framework, Kasten Development Ltd will support BCSSL in identifying and
developing business opportunities, lead generation, sales, marketing, customer engagement and
implementation-related activities for the Company's products and services in Ghana.
The collaboration envisages leveraging Kasten's local market presence and business network to
facilitate customer acquisition opportunities, establish business relationships and promote BCSSL's
technology offerings among prospective customers, enterprises and business partners.
An important aspect of the proposed collaboration is Kasten's intention to establish a Centre of
Excellence (CoE) in Ghana for demonstrating, promoting and showcasing BCSSL's products,
platforms and technology solutions to prospective customers and business partners. This initiative is
intended to provide a platform for technology demonstrations, customer engagement, product
awareness and exploration of potential business opportunities in the region.
Focus on AI, Digital Transformation and Technology Solutions
Through this collaboration, BCSSL intends to explore opportunities for expanding the reach of its
technology portfolio, particularly in the areas of Artificial Intelligence, enterprise technology,
software solutions, digital transformation, healthcare technology and telecommunications.
BCSSL will provide product-related technical guidance, training, pre-sales support, product
demonstrations and marketing resources to strengthen Kasten's capabilities in promoting and
supporting the Company's technology solutions.
Blue Cloud Softech Solutions Limited P: +91 84660 22022
Regd. Off: Plot No 38, 5th Floor, N E: info@bluecloudsoftech.com CIN:
Heights, Siddiq Nagar, Hitech City, www.bluecloudsoftech.com L72200TG1991PLC013135
Madhapur, Hyderabad, Telangana-500081
Kasten will also facilitate local business development operations, customer introductions,
implementation support and necessary logistical arrangements for BCSSL personnel deployed in
Ghana, as may be mutually agreed between the parties.
International Expansion and Future Growth Opportunities
The proposed association is aligned with BCSSL's broader objective of exploring international
business opportunities and identifying new avenues for expanding its technology and service offerings
beyond the domestic market.
Ghana is envisaged as the initial market for the proposed collaboration, with the possibility of
exploring additional territories through mutual understanding between the parties.
The Company believes that establishing a local business development and technology engagement
framework could facilitate access to new customer segments, strengthen market reach and create
opportunities for the adoption of its technology solutions in the African region.
The proposed collaboration also provides an opportunity for BCSSL to explore partnerships with local
enterprises and business stakeholders and evaluate potential business opportunities in the region.
Management Commentary
Mr. Chandrashekar Mudraganam, Chief Executive Officer of Blue Cloud Softech Solutions
Limited, commented:
"We are pleased to enter into this strategic understanding with Kasten Development Ltd as we
continue to explore opportunities for expanding our international business footprint. We see
considerable potential in strengthening our engagement with emerging markets through local
partnerships and business development networks.
This collaboration provides a framework to explore new customer relationships, enhance the reach of
our AI-driven platforms and technology solutions, and identify potential opportunities across
enterprise technology and digital transformation. We believe that the proposed Centre of Excellence
in Ghana could serve as an important platform for product demonstrations, customer engagement
and business development activities.
We look forward to exploring this association and evaluating opportunities to strengthen our
presence in Ghana and potentially other African markets."
About Blue Cloud Softech Solutions Limited
Blue Cloud Softech Solutions Limited is an AI-first technology company headquartered in
Hyderabad, India, and listed on BSE (539607) and NSE (BLUECLOUDS). It delivers AI solutions
and infrastructure, cybersecurity, telecom and 5G services, and healthcare technology to governments
and enterprises through platforms including AccessGenie, Blura SAGA, BluHawk and BluHealth.
Blue Cloud has operations in the USA, UK, India and seven other countries, including Indonesia, and
reported consolidated revenue of ₹1,002 crore for FY 2025-26. www.bluecloudsoftech.com
Blue Cloud Softech Solutions Limited P: +91 84660 22022
Regd. Off: Plot No 38, 5th Floor, N E: info@bluecloudsoftech.com CIN:
Heights, Siddiq Nagar, Hitech City, www.bluecloudsoftech.com
[Showing first 8,000 characters — download PDF for full document]