Aqylon Nexus Limited has announced the execution of a Memorandum of Understanding (MoU) with DataDirect Networks India Private Limited (DDN), described as the world's leading AI data platform provider. The strategic collaboration aims to explore opportunities in Artificial Intelligence and hyperscale data centre infrastructure development, positioning both companies to contribute to India's digital transformation.

Strategic Collaboration Framework

The MoU establishes a broad framework for cooperation between the parties, though it does not constitute a legally binding agreement. The collaboration focuses on developing AI-ready hyperscale data centres that will serve as critical infrastructure for the nation's digital advancement.

Key Collaboration Areas

The proposed strategic partnership encompasses several critical areas of AI and data centre development:

• AI Factories Development: Creation of world-class hyperscale data centres in India specifically engineered to support generative AI, large language model (LLM) training, and data-intensive HPC workloads
• Advanced Storage Solutions: Integration of proven, enterprise-grade parallel file systems and NVMe storage solutions delivering unprecedented throughput and low-latency performance critical for AI workloads
• Geographic Expansion: Evaluation of joint opportunities across India and other mutually agreed geographies

Regulatory Compliance and Structure

The company has disclosed that neither party to the agreement is related to the promoter, promoter group, or group companies in any manner. The transaction does not fall within related party transactions, and no shareholding exists between the entities.

Strategic Implications

Aqylon Nexus Limited believes this strategic association, if progressed further, may enhance its technological capabilities and strengthen its presence in emerging AI and digital infrastructure segments. The collaboration aligns with the company's long-term growth strategy and positions it to capitalize on the growing demand for AI-ready infrastructure.

Any definitive agreements resulting from this MoU will be subject to mutual consent, due diligence, internal approvals, and applicable statutory and regulatory compliances. The company has made the disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Leading Leasing Finance and Investment Company Limited has announced the sale of its equity stake in Aqylon Nexus Limited, formerly known as sri adhikari bros. tele network , through open market transactions. The company filed the mandatory disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, dated February 27, 2026.

Transaction Details

The share sale transaction involved the disposal of 1,80,020 equity shares, representing 0.71% of the total share capital of Aqylon Nexus Limited. The transaction was executed through open market sales conducted between February 25-27, 2026.

Shareholding Changes

Following the completion of the share sale, Leading Leasing Finance's shareholding in Aqylon Nexus Limited has been reduced from 11.29% to 10.58%. The company's holdings decreased from 28,64,730 shares to 26,84,710 shares.

Regulatory Compliance

The disclosure was submitted to both BSE Limited (Scrip Code: 530943) and National Stock Exchange of India Limited (Symbol: SABTNL) as required under SEBI regulations. Leading Leasing Finance confirmed that it does not belong to the promoter or promoter group of Aqylon Nexus Limited.

Company Information

Leading Leasing Finance and Investment Company Limited, incorporated in 1983, operates from its registered office in Mumbai. The company is led by Managing Director Ketan Kumar Gosai (DIN: 11543634), who signed the regulatory disclosure. Aqylon Nexus Limited, the target company, is listed on both BSE Limited and National Stock Exchange of India Limited, with an equity share capital comprising 2,53,73,056 equity shares of ₹10 each.