ACS Technologies Limited's Board of Directors has approved a significant enhancement to the corporate guarantee provided for its subsidiary company. The decision was made during a board meeting held on February 27, 2026, as part of the company's ongoing support for its subsidiary's business operations.

Board Meeting Outcome

The board meeting, which concluded at 6:55 PM, focused on enhancing the existing corporate guarantee structure for Iotiq Innovations Private Limited. The enhancement represents a substantial increase in the financial support framework established for the subsidiary company.

Corporate Guarantee Enhancement Details

The board approved the enhancement of the existing corporate guarantee with specific financial parameters that significantly expand the credit facilities available to the subsidiary.

The enhanced guarantee is provided in favor of State Bank of India, enabling the subsidiary to access increased credit facilities for its business requirements.

Transaction Structure and Compliance

The enhancement follows proper corporate governance protocols and regulatory compliance requirements. According to the official disclosure, the transaction maintains arm's length principles with clear subsidiary relationship parameters.

Regulatory Framework

The decision was made pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive details as required under the SEBI Master Circular dated January 30, 2026, ensuring full transparency and regulatory compliance in the guarantee enhancement process.

Impact Assessment

According to the official disclosure, the guarantee is provided on behalf of the subsidiary company, which forms part of the consolidated group structure. The current impact assessment indicates no immediate operational impact on the parent company beyond the standard disclosure requirements in financial statements. This enhancement supports the subsidiary's growth initiatives while maintaining appropriate risk management protocols.

ACS Technologies Limited has secured a substantial work order from Rail Vikas Nigam Limited, demonstrating the company's growing presence in the railway infrastructure sector. The contract, valued at ₹1,20,84,719, involves providing GIS Survey Services to the government railway development entity.

Contract Details and Specifications

The work order encompasses comprehensive GIS Survey Services for Rail Vikas Nigam Limited, a domestic railway infrastructure development company. The engagement represents a significant business opportunity for ACS Technologies Limited in the specialized field of geographic information systems for railway projects.

Regulatory Compliance and Disclosure

The company made the announcement on February 12, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Shilpi Gunjan signed the disclosure document, ensuring proper regulatory adherence.

Key compliance aspects of the contract include:

• No promoter or group company interest in the awarding entity
• Contract does not constitute a related party transaction
• All terms and conditions as specified in the Purchase Order
• Domestic entity engagement with no international components

Strategic Business Implications

The work order represents an important milestone for ACS Technologies Limited, formerly known as LN Industries India Limited. The company expressed commitment to executing the project with the highest standards of quality, safety and efficiency, aligning with Rail Vikas Nigam Limited's specific requirements.

ACS Technologies Limited, headquartered in Hyderabad with branch offices in Visakhapatnam and Vijayawada, continues to expand its footprint in technology-driven infrastructure services. The company holds multiple ISO certifications including 9001, 20000, 22301, 26000, and 27001, demonstrating its commitment to quality and compliance standards.

Market Position and Growth

This contract award reinforces ACS Technologies Limited's capabilities in providing specialized technical services to major infrastructure development projects. The engagement with Rail Vikas Nigam Limited, a key player in India's railway expansion initiatives, positions the company favorably for future opportunities in the railway infrastructure sector.