Canarys Automations Limited has secured a significant order worth INR 1 crore from Protiviti India Member Private Limited to deliver Intelligent Enterprise Portfolio and Project Management solutions. The contract, awarded on June 10, 2026, focuses on leveraging Artificial Intelligence and Data Analytics to enhance enterprise operations. This partnership marks a strategic milestone for the company as it expands its capabilities in AI and machine learning to support large-scale digital transformation initiatives.

The project scope includes the design and development of an Intelligent Enterprise Portfolio and Project Management platform with core SAP EPPM implementation. Deliverables are structured into key components: Software 1 covers the core platform development, while Data 1, Data 2, and Data 3 address data gathering, consolidation, validation, processing, analysis, and reporting. The engagement is scheduled for completion over a period of six months.

Raghu Pavan, Chief Information Officer of Canarys Automations Limited, stated that the company is honored to secure the strategic AI partnership. He noted that the engagement delivers a platform powered by predictive analytics and real-time insights, laying the foundation for a multi-year growth roadmap across the client's digital transformation initiatives. Pavan added that the project aligns with the company's AI-Roadmap and vision to create scalable solutions for the sector.

The order was disclosed to the National Stock Exchange of India Limited under Regulation 30 read with Part A of Schedule III to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirmed that the order is domestic in nature and does not involve any related party transactions or interests from the promoter group.

Canarys Automations Limited, headquartered in Bengaluru, specializes in IT solutions including Artificial Intelligence, Digitalization, and Automation. With over 30 years of experience and a team of more than 350 technology professionals, the company serves sectors such as BFSI, Retail, Healthcare, and Manufacturing.

canarys automations has submitted declarations from all its promoters confirming that no shares have been encumbered during the financial year 2025-26. The disclosures were filed with the National Stock Exchange of India Limited on April 2, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. This regulatory requirement ensures transparency regarding the pledging or hypothecation of promoter holdings, which directly impacts shareholder confidence and corporate governance standards.

The company's Board received specific confirmations from six promoters: Metikurke Ramaswamy Raman Subbarao, Raghu Chandrashekharaiiah, Danavadi Krishnamurthy Arun, Sheshadri Srinivas Yedavanahalli, Pushparaj Shetty, and Nagaraju Vineeth. Each promoter explicitly stated that neither they nor any persons acting in concert with them created any direct or indirect encumbrance on the shares held during FY26. The filing was signed by Ambikeshwari M.A., Company Secretary & Compliance Officer.

Promoter Declarations

The following table details the promoters who submitted the non-encumbrance declarations for the financial year 2025-26:

Regulatory Compliance

The submission addresses the requirements of Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. This regulation mandates that promoters disclose any encumbrance on shares to prevent risks associated with pledged shares affecting the company's stability or control. The absence of encumbrances indicates that the promoters' shareholding remains free from liens or charges, which is a positive indicator for the company's financial health.