Praruh Technologies enters strategic partnership with IBM

scanx
Reviewed by
Shriram SScanX News Team
Key Highlights
  • Praruh Technologies partners with IBM for cloud, AI, and cybersecurity solutions
  • Agreement announced on September 11, 2026, under SEBI Regulation 30
  • Deal is on an arm's length basis with no promoter interest involved
powered bylight_fuzz_icon
50692172

*this image is generated using AI for illustrative purposes only.

Praruh Technologies has entered into a strategic partnership with International Business Machines Corporation (IBM). The agreement was announced on September 11, 2026, marking a significant collaboration between the Indian technology firm and the global IT giant.

The partnership focuses on key technology domains including hybrid cloud, artificial intelligence, automation, cybersecurity, enterprise infrastructure, software, and consulting. IBM’s consulting business will work with organizations to modernize applications and infrastructure, migrate to cloud environments, improve security, automate operations, and implement AI-driven solutions.

Strategic Focus Areas

IBM brings its extensive history in enterprise computing to the collaboration. The company is known for technologies and platforms such as IBM Z mainframes, Red Hat, and watsonx AI. The arrangement aims to leverage these capabilities to enhance service offerings for clients.

Deal Structure

The company disclosed that the arrangement is entered into in the ordinary course of business and on an arm's length basis. Praruh Technologies confirmed there is no promoter or promoter group interest in IBM in relation to this arrangement.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Vishal Prakash, Managing Director of Praruh Technologies, signed the filing submitted to the BSE Listing Department.

Historical Stock Returns for Praruh Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+8.43%+68.94%0.0%0.0%0.0%

How is this partnership expected to impact Praruh Technologies' revenue growth and market share in the Indian enterprise IT sector over the next fiscal year?

Will Praruh Technologies undergo specific certification or training programs to qualify as an authorized reseller or implementation partner for IBM's watsonx AI and Red Hat platforms?

What competitive advantages does this collaboration provide against other Indian IT service providers who may already have existing ties with global tech giants?

Praruh Technologies announces e-voting dates for 7th AGM

scanx
Reviewed by
Riya DScanX News Team
Key Highlights
  • Praruh Technologies sets remote e-voting from September 26 to 28, 2026
  • Record date for voting eligibility is September 25, 2026
  • Board approved FY26 annual report and Director's Report on September 3
  • CS Nitin Bhardwaj appointed as scrutinizer for e-voting
powered bylight_fuzz_icon
49966515

*this image is generated using AI for illustrative purposes only.

Praruh Technologies has announced the schedule for remote e-voting ahead of its 7th Annual General Meeting (AGM). Shareholders can cast their votes from September 26 to September 28, 2026.

The company approved its annual report and Director's Report for FY26 in a board meeting held on September 3, 2026. The board also scheduled the AGM to be conducted through video conferencing or other audio-visual means. CS Nitin Bhardwaj was appointed as the scrutinizer for e-voting to ensure fair procedures.

E-Voting Schedule

Praruh Technologies has entered an agreement with CDSL to facilitate remote e-voting. The key dates and details are as follows:

Event Date and Time
Cut-off date September 25, 2026
Voting commencement September 26, 2026 at 9:00 am
Voting conclusion September 28, 2026 at 5:00 pm

Only shareholders whose names appear in the register of members or depository records as on the cut-off date will be eligible to vote. Remote e-voting will not be permitted after the conclusion time on September 28.

Board Approvals

During the session on September 3, the board considered and approved several critical items:

  • Approval of the Director's Report for the financial year ended 2025-26.
  • Approval of the notice convening the 7th AGM of members.
  • Approval of the 7th Annual Report for FY26.
  • Appointment of CS Nitin Bhardwaj as scrutinizer for e-voting.

These approvals comply with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company submitted this disclosure to the BSE Listing Department as per regulatory requirements. Shareholders can view the annual report and instructions on the company website or the RTA website.

Historical Stock Returns for Praruh Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+8.43%+68.94%0.0%0.0%0.0%

What specific resolutions will be presented to shareholders for voting during the 7th AGM, and how might they impact Praruh Technologies' strategic direction?

How does the approval of the FY26 Director's Report reflect the company's financial performance and operational challenges faced during the fiscal year?

Are there any proposed changes to the board of directors or executive compensation structures that shareholders will need to approve?

More News on Praruh Technologies

1 Year Returns:0.00%