Aqylon Nexus Limited has entered into a strategic Memorandum of Understanding with MBuzz Technologies, Middle East, marking a significant step toward expanding its presence in the artificial intelligence and data centre infrastructure sectors. The collaboration aims to explore opportunities in AI solutions and hyperscale data centre development, positioning the company to capitalize on the growing global demand for AI-ready computing infrastructure.

Partnership Overview

The MoU establishes a framework for cooperation between Aqylon Nexus Limited and MBuzz Technologies, a global technology solutions provider and NVIDIA AI Factory Partner. The partnership focuses on evaluating and exploring opportunities across multiple technology domains.

Collaboration Areas

The proposed collaboration encompasses several key technology domains that align with current market trends in digital infrastructure:

• AI Platform Development: Exploration and development of AI-driven platforms, applications, and enterprise solutions
• Data Centre Infrastructure: Assessment of hyperscale and edge data centre projects, including AI-ready infrastructure
• Advanced Technologies: Leveraging high-performance computing and data centre ecosystems
• Geographic Expansion: Evaluation of joint opportunities across India, the Middle East, and other mutually agreed regions

Strategic Implications

The company believes this association may support the enhancement of its technological capabilities and strengthen its presence in emerging AI and digital infrastructure segments, aligning with its long-term strategic objectives. The collaboration envisages opportunities to expand the company's business and strengthen market participation in the rapidly growing AI and data centre sectors.

Regulatory Compliance

The MoU sets out a broad framework for cooperation and does not constitute a legally binding agreement. Any definitive agreements will be subject to mutual consent, due diligence, internal approvals, and compliance with applicable statutory and regulatory requirements. The disclosure was made under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Sri Adhikari Brothers Television Network Limited has issued a comprehensive postal ballot notice to shareholders, outlining five significant resolutions that will shape the company's corporate structure and financial framework. The voting period is scheduled from January 14, 2026, at 9:00 AM to February 12, 2026, at 5:00 PM, conducted exclusively through electronic means via NSDL's remote e-voting platform.

Key Resolutions and Corporate Actions

The Board of Directors, in their meeting concluded on January 6, 2026, approved the postal ballot notice covering multiple strategic initiatives. The company has set January 9, 2026, as the cut-off date for determining eligible shareholders, with voting rights proportional to their shareholding in the paid-up equity capital.

Share Subdivision and Capital Restructuring

The most significant proposal involves subdividing equity shares from a face value of ₹10 per share to ₹1 per share. This subdivision will transform the current share structure as follows:

The subdivision aims to increase investor participation and enhance liquidity by making shares more affordable for small investors. Consequently, the company seeks approval for altering the Capital Clause of the Memorandum of Association to reflect the new share structure.

Financial Restructuring and Borrowing Framework

Promoter Loan Facility

The company proposes accepting unsecured loans up to ₹100,00,00,000 from promoter Mr. Kurjibhai Premjibhai Rupareliya. This facility includes conversion options allowing the transformation of loans into equity shares under specific terms and conditions to be detailed in loan agreements.

Enhanced Borrowing Powers

To support business restructuring and expansion plans, the company seeks approval for enhanced borrowing powers up to ₹500,00,00,000. This authorization will enable borrowing from various sources including banks, financial institutions, bodies corporate, and other lenders, subject to terms and conditions determined by the Board of Directors.

Leadership Appointment

The postal ballot includes the appointment of Mr. Srivatsava Sunkara (DIN: 01725431) as Chairperson, effective January 6, 2026. Mr. Sunkara brings extensive experience across AI, FinTech, and enterprise technology ecosystems, with over 25 years of expertise in scaling global ventures and driving innovation.

Voting Process and Timeline

The company will conduct the postal ballot exclusively through electronic voting, with no physical ballot forms being distributed. Shareholders must use the NSDL e-voting platform to cast their votes during the specified period.

Key Dates and Process

• Cut-off Date: January 9, 2026
• Voting Commencement: January 14, 2026, 9:00 AM
• Voting Conclusion: February 12, 2026, 5:00 PM
• Scrutinizer: Ms. Krina Gokulkumar Shah (Membership No. A66521, CP No. 27764)

The scrutinizer will submit the results within two working days of voting conclusion, with results to be published on the company website and communicated to stock exchanges. All resolutions require requisite majority approval through the postal ballot process, with results deemed effective from the last voting date.

Source: Exclusive Content