Prostarm Info Systems Limited has announced a significant change in its leadership structure. Mr. Raghu Ramesh Thammannashastri, the company's Whole Time Director, has tendered his resignation, citing health issues and other commitments.

Key Details of the Resignation

Regulatory Compliance

Prostarm Info Systems Limited has adhered to regulatory requirements by disclosing this information in accordance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The company has submitted the necessary details to both the BSE Limited and the National Stock Exchange of India Limited.

Director's Confirmation

Mr. Thammannashastri has confirmed that there are no material reasons for his resignation other than those stated in his resignation letter dated October 24, 2025. This assurance is in line with SEBI's requirements for transparency in corporate governance matters.

Company's Response

The company has acknowledged the resignation and is taking the necessary steps to ensure a smooth transition. Sachin Gupta, the Company Secretary and Compliance Officer, has officially communicated this development to the stock exchanges.

Impact on Board Composition

With Mr. Thammannashastri's departure, there will be changes in the composition of the company's board and its committees. Notably, he will step down from his role as a member of the Corporate Social Responsibility Committee.

This development marks a significant change in Prostarm Info Systems' leadership structure.

Prostarm Info Systems , a leading provider of power and IT solutions, has secured a significant contract with the Maharashtra Police for their Crime and Criminal Tracking Network & Systems (CCTNS) project. The company will be responsible for providing, setting up, and managing IT infrastructure for the state police force, in a deal valued at ₹158.68 crores.

Contract Details

The CCTNS project aims to create a comprehensive and integrated system for enhancing the efficiency and effectiveness of policing through adoption of principles of e-Governance. Prostarm's role in this project underscores its capabilities in delivering large-scale IT infrastructure solutions.

Company Profile

Prostarm Info Systems, incorporated in 2008, has established itself as a key player in the energy storage and power conditioning equipment sector. The company offers a wide range of products including:

• UPS systems
• Inverters (solar hybrid and lift)
• Lithium-ion battery packs
• Servo stabilizers
• Isolation transformers

In addition to its core offerings, Prostarm also provides end-user IT solutions such as desktops, laptops, printers, and multifunction devices. The company's services extend to installation, commissioning, warranty, rentals, after-sales services, and Annual Maintenance Contracts (AMCs).

Expansion and Growth

Prostarm is currently expanding its footprint in the Battery Energy Storage System (BESS) segment. The company is in the process of setting up a 1.2 GWh BESS facility in Jhajjar, Haryana, with a capital expenditure of ₹25 crore. This facility is expected to be commissioned by the end of FY26 and will cater to Commercial & Industrial (C&I) and utility-scale demand.

Financial Performance

The company has demonstrated strong financial performance in recent years:

Market Position

Prostarm Info Systems boasts an impressive clientele, including major corporations and government entities such as Tata, Adani, L&T, Delhi Metro, Bank of Baroda, RBI, Bharat Petroleum, and Indian Oil. The recent contract with Maharashtra Police further solidifies its position in the government sector.

Future Outlook

With its robust product portfolio, strong financial performance, and expansion into new segments like BESS, Prostarm Info Systems appears well-positioned for future growth. The company is also planning to expand its global presence, targeting markets in Bangladesh, Sri Lanka, Africa, the Middle East, and Nepal.

The Maharashtra Police IT infrastructure contract represents a significant milestone for Prostarm, highlighting its capabilities in handling large-scale government projects and potentially opening doors for similar opportunities in the future.