ACS Technologies Limited has announced the execution of a substantial agreement with the Andhra Pradesh Commercial Taxes Department, marking a significant business development for the technology services company. The agreement, valued at ₹13.61 crore, was disclosed to BSE Limited on January 20, 2026, under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Agreement Details and Scope

The comprehensive contract involves multiple technical components for the Andhra Pradesh government's tax administration system. The project encompasses development, maintenance, integration, and management of applications specifically for the AP Commercial Taxes Department. Additionally, the agreement includes maintenance of infrastructure and integration with several key government systems including GSTN, NIC, CFMS, and other government departments.

Regulatory Compliance and Corporate Structure

The company has confirmed full compliance with regulatory requirements, stating that the agreement falls under domestic operations. Key compliance aspects include:

• No promoter or group company interest in the awarding entity
• The contract does not constitute a related party transaction
• All terms and conditions are governed by the executed agreement
• Proper disclosure under SEBI regulations maintained

Company Profile and Certifications

ACS Technologies Limited operates with over 40 years of service excellence in the technology sector. The company maintains robust quality standards through multiple ISO certifications, including ISO 9001, 20000, 22301, 26000, and 27001. The organization has established branch offices in key Andhra Pradesh locations, including Visakhapatnam and Vijayawada, positioning it strategically for regional government projects.

Strategic Significance

This agreement represents ACS Technologies' continued engagement with government digitization initiatives, particularly in the critical area of commercial tax administration. The project involves integration with multiple government systems, demonstrating the company's technical capabilities in handling complex, multi-platform government technology solutions. The substantial contract value of ₹13.61 crore underscores the scope and importance of modernizing Andhra Pradesh's commercial tax infrastructure.

ACS Technologies Limited has secured a substantial work order valued at ₹33.69 crores from Andhra Pradesh Urban Infrastructure Asset Management Limited, marking a significant business development for the technology company. The order was disclosed under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, on January 20, 2026.

Project Details and Consortium Structure

The work order has been awarded to a consortium comprising Dreamstep Software Innovations Private Limited and ACS Technologies Limited. The project encompasses comprehensive activities necessary for the design, development, deployment, training, operation, maintenance and establishment of a QR-based digital ecosystem across Urban Local Bodies (ULBs) in Andhra Pradesh.

Regulatory Compliance and Disclosure

The company has confirmed that this order falls within the domestic category and does not involve any related party transactions. Additionally, the promoter, promoter group, or group companies have no interest in the entity that awarded the order, ensuring complete transparency in the business engagement.

Key Project Components

The comprehensive nature of the project includes multiple critical phases:

• Design and development of QR-based digital infrastructure
• Deployment across multiple Urban Local Bodies in Andhra Pradesh
• Training programs for effective system utilization
• Ongoing operation and maintenance services
• Complete establishment of the digital ecosystem

Strategic Significance

ACS Technologies Limited has positioned this engagement as a significant milestone for the organization. The company has committed to executing the project with the highest standards of quality, safety, and efficiency, aligning with the requirements of Andhra Pradesh Urban Infrastructure Asset Management Limited. The project represents the company's capability in handling large-scale digital transformation initiatives for government entities.

The work order reinforces ACS Technologies' presence in the government technology solutions sector and demonstrates its technical expertise in developing comprehensive digital ecosystems for urban infrastructure management.