NSEGeneral Updates3 Jul 2026 · 3 Jul 2026, 06:13 pm

General Updates

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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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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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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PROTEANCS_03072026181338_Intimation_-_MOU_with_NECTAR.pdf

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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