Euphoria infotech (india) Limited has announced a major contract win, securing an order worth ₹1,783.14 lakhs from Webel Technology Limited. The announcement was made through a regulatory filing under SEBI Regulation 30 on January 13, 2026, marking a significant business development for the Kolkata-based technology company.

Order Details and Scope

The comprehensive order encompasses the implementation of IoT-enabled water service delivery measurement and monitoring sensing systems across various rural Public Water Supply Schemes (PWSS) in Murshidabad district. The project falls under the jurisdiction of the Municipal Engineering Directorate Board (MEDB), Public Health Engineering Directorate, indicating its importance for rural infrastructure development.

Strategic Partnership

Webel Technology Limited, the contracting entity, serves as the nodal agency for the Government of West Bengal specifically for the implementation of Information Technology and IT-enabled Services (ITes) projects. This partnership positions Euphoria Infotech as a key technology provider for government infrastructure modernization initiatives in the state.

The collaboration reflects the growing emphasis on digital transformation in public utilities, particularly in water management systems where IoT technology can provide real-time monitoring and improved service delivery to rural communities.

Company Profile and Capabilities

Euphoria Infotech (India) Limited operates under the philosophy "TECH IT EASY," focusing on supporting clients through effective utilization of Information Technology solutions. The company's core strength lies in customized software development, having successfully executed hundreds of projects since its incorporation.

The company maintains several quality certifications that demonstrate its technical capabilities:

• NSIC certification
• ISO/IEC 27001:2022 (Information Security Management)
• ISO 9001:2015 (Quality Management Systems)
• Various other compliance certifications

Business Impact

This substantial order represents a significant addition to Euphoria Infotech's project portfolio, particularly in the government and public infrastructure sector. The IoT-based water monitoring project aligns with the company's expertise in customized technology solutions and positions it favorably for similar government initiatives focused on rural infrastructure development and digital transformation.

Euphoria Infotech (India) Limited announced key leadership continuity decisions following its board meeting held on January 2, 2026. The company's Board of Directors approved significant re-appointments that will shape its executive leadership for the next three years.

Board Approvals and Key Decisions

Based on recommendations from the Nomination and Remuneration Committee, the board approved several critical resolutions during the meeting that commenced at 3:00 p.m. and concluded at 4:15 p.m.

Leadership Profiles and Experience

The re-appointed executives bring substantial industry expertise to their continued roles. Mr. Shamba Bhanja contributes over 25 years of industry experience and has been the guiding force for the company since its inception. His diverse technology expertise across multiple industry settings has enabled the company to explore both current and future opportunities.

Mr. Priyabrata Seal, aged 47 years, holds a Masters degree in Multimedia Development from University of Jadavpur. He brings approximately 20 years of experience in project management, system architecture, and account management, playing a key role in project execution and day-to-day operations.

Shareholder Approval Process

Both re-appointments and the associated remuneration packages require shareholder approval. The board approved a postal ballot notice that will be sent to shareholders in due course. The company confirmed that the postal ballot notice will be filed with the stock exchange as per regulatory requirements.

Regulatory Compliance and Governance

The announcements comply with Regulation 30 of SEBI Listing Regulations and related circulars. Both directors maintain clean regulatory records, with no debarment from holding directorial positions by SEBI or other authorities. The disclosure confirms no inter-se relationships exist between the re-appointed directors and other board members or senior management personnel.

Corporate Governance Framework

The re-appointments demonstrate the company's commitment to leadership stability and governance continuity. Both positions are subject to the standard three-year term structure, ensuring regular review and renewal of executive mandates through shareholder participation in the postal ballot process.