NSEGeneral Updates3 Jul 2026 · 3 Jul 2026, 06:13 pm
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Protean eGov Technologies Limited · PROTEAN
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Protean eGov Technologies Limited has signed a Memorandum of Understanding (MoU) with North East Centre for Technology Application and Reach (NECTAR) to jointly undertake projects in digital governance, ICT, geospatial technologies, capacity building and technology-enabled socio-economic development with focus on the North Eastern Region.
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Full Announcement
Protean eGov Technologies Limited has informed the Exchange about signing of Memorandum of Understanding with North East Centre of Technology Application and Reach (NECTAR) on July 3, 2026
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protean
Ref: Protean/Secretarial/2026-27/17
July 3, 2026
BSE Limited (“BSE”) National Stock Exchange of India Limited
P.J. Towers, Dalal Street, Exchange Plaza, C-1, Block G,
Fort, Mumbai – 400 001 Bandra Kurla Complex, Bandra (E),
Mumbai – 400051, India
Scrip Code: 544021 Trading symbol: PROTEAN
Dear Sir/Madam,
Subject: Intimation – Signing of Memorandum of Understanding (MoU)
Pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, we wish to inform that Protean eGov Technologies
Limited (“the Company”) has entered into a Memorandum of Understanding (MoU) today i.e. July
3, 2026 with North East Centre for Technology Application and Reach (NECTAR), an autonomous
institution under the Department of Science & Technology, Government of India, to jointly undertake
projects in digital governance, ICT, geospatial technologies, capacity building and technology-
enabled socio-economic development with focus on the North Eastern Region.
In accordance with the Listing Regulations read with SEBI Master Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, the requisite details are
enclosed herewith as Annexure A.
This is for your information and records.
Thanking you,
Yours truly,
For Protean eGov Technologies Limited
Maulesh Kantharia
Company Secretary & Compliance Officer
FCS 9637
Encl.: As above
Protean eGov Technologies Ltd.
1st Floor, Times Tower, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013;
(CIN L72900MH1995PLC095642) T: +91 22 4090 4242
www.proteantech.in
protean
Annexure A
Sr. No. Particulars Details
a) Name(s) of parties with whom the North East Centre for Technology
agreement is entered Application and Reach (NECTAR)
b) Purpose of entering into the agreement; 1. Jointly undertake projects in digital
governance, ICT, geospatial technologies,
capacity building and technology-enabled
socio-economic development with focus on
the North Eastern Region.
2. The collaboration brings together
Protean’s experience in building
population-scale digital public
infrastructure and citizen-centric platforms
with NECTAR’s expertise in technology
applications, geospatial solutions and
regional development.
3. The MoU aims to create a framework for
identifying and implementing
transformative projects that enhance public
service delivery and address last-mile
development challenges.
4.Explore opportunities in digital
governance, ICT, geospatial technologies,
capacity building and technology-enabled
socio-economic development.
5. By combining complementary strengths,
Protean and NECTAR seek to accelerate
the adoption of innovative and scalable
technology solutions for public good.
c) Shareholding, if any, in the entity with NA
whom the agreement is executed;
d) Tenure of agreement 5 years from execution of MoU
e) Significant terms of the agreement (in brief) NA
special rights like right to appoint directors,
first right to share subscription in case of
issuance of shares, right to restrict any
change in capital structure etc.
f) Whether, the said parties are related to NA
promoter/promoter group/ group companies
in any manner. If yes, nature of relationship;
Protean eGov Technologies Ltd.
1st Floor, Times Tower, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013;
(CIN L72900MH1995PLC095642) T: +91 22 4090 4242
www.proteantech.in
protean
g) Whether the transaction would fall within NA
related party transactions? If yes, whether
the same is done at
“arm’s length”
h) In case of issuance of shares to the parties, NA
details of issue price, class of shares issued;
i) Any other disclosures related to such NA
agreements, viz., details of nominee on the
board of directors of the listed entity,
potential conflict of interest arising out of
such agreements, etc.
j) In case of termination or amendment of NA
agreement, listed entity shall disclose
additional details to the stock exchange(s):
a)name of parties to the agreement;
b)nature of the agreement; c)date of
execution of the agreement; d)details of
amendment and impact thereof or reasons
of termination and impact thereof.
Note: Please note that, wherever any material terms are finalized, the same shall be communicated
at the earliest.
Protean eGov Technologies Ltd.
1st Floor, Times Tower, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013;
(CIN L72900MH1995PLC095642) T: +91 22 4090 4242
www.proteantech.in