Exicom Tele-Systems Limited announced that its Board of Directors has approved material related party transactions through circulation resolutions passed on December 31, 2025. The transactions require shareholder approval as they may exceed materiality thresholds prescribed under SEBI regulations.

Board Resolutions and Approvals

The board approved proposed material related party transactions involving transfers of resources, services, or obligations between the company and its subsidiaries, as well as between subsidiaries and step-down subsidiaries where the company is not a direct party. These transactions are subject to shareholder approval as required under Regulation 23 of the SEBI Listing Regulations.

Regulatory Compliance and Thresholds

The proposed transactions may exceed the prescribed materiality thresholds under Regulation 23 of the SEBI Listing Regulations. The Audit Committee has approved these transactions, which are conducted in the ordinary course of business and maintained on an arm's length basis. The company emphasized that all transactions comply with regulatory requirements and follow standard business practices.

Postal Ballot Process

The board also approved a draft postal ballot notice seeking shareholders' approval for the material related party transactions. The notice will be dispatched to shareholders in due course according to applicable law and will be filed with stock exchanges. This process ensures transparency and allows shareholders to participate in the decision-making process for significant corporate transactions.

Corporate Governance Framework

The approval process demonstrates Exicom Tele-Systems' commitment to maintaining robust corporate governance standards. The transactions require multiple levels of approval, including the Audit Committee and shareholders, ensuring proper oversight and compliance with regulatory requirements. Company Secretary and Compliance Officer Sangeeta Karnatak signed the regulatory filing, confirming the board's decisions and commitment to transparency.

Exicom Tele-Systems has announced the launch of its latest product innovation, 'Exicom One,' on December 18, 2025. The new offering represents a turnkey, integrated EV charging rollout solution specifically designed to address the evolving needs of the electric vehicle ecosystem.

Product Overview and Capabilities

Exicom One brings together hardware, software, and managed services to support the deployment, operation, and management of EV charging infrastructure. The solution takes complete ownership of the rollout process, from site surveys and electrical setup to software, operations, and maintenance.

Target Market and Applications

The Exicom One solution is strategically positioned to serve three key market segments:

• Charge Point Operators (CPOs): Providing comprehensive charging infrastructure management capabilities for scaling networks
• Electric Vehicle Manufacturers: Offering integrated charging solutions for OEM partnerships and CPO networks
• Fleet Operators: Delivering scalable charging infrastructure for commercial vehicle operations

Strategic Partnerships and Market Execution

Exicom has recently partnered with a leading EV manufacturer to roll out end-to-end high-power charging stations through their newly launched CPO network. The network is strategically setup around key highway corridors and high customer traffic points, aiming to provide open and easy fast charging access to EV owners.

Technology Integration and Future Readiness

The solution incorporates Exicom's AI-based predictive maintenance platform, HarmonyConnect, and supports the company's recent backing for Charger-on-Wheels mobile EV charging concept. Exicom One is designed as a future-ready solution, capable of integrating renewable energy systems, ultra-fast charging technologies, and Vehicle-to-Grid (V2G) applications as these technologies evolve.

According to Anant Nahata, Managing Director and CEO of Exicom, "India's EV story will only move as fast as the infrastructure behind it. While hardware innovation gets most of the attention, it is execution on the ground that truly defines success. Exicom One is built to remove that friction by bringing every piece of the puzzle together under one accountable partner."

Company Position and Global Footprint

Exicom Tele-Systems operates as one of India's leading EV charging and critical power solutions manufacturers, with a presence across the entire EV charger value chain. The company serves both AC and DC charger segments and maintains a global footprint spanning India, Southeast Asia, Middle East, US, and Europe, with over 1,33,000 chargers sold worldwide.