Logiciel Solutions Limited has made a regulatory disclosure to BSE Limited regarding entering into a Marketing Service Agreement. The disclosure is made under Regulation 30 read with Schedule III and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in reference to the company's Materiality Policy.
The Board of Directors of the company approved entering into a marketing agreement with M/s Stori Boat Productions LLP during their meeting held on Wednesday, 23rd September, 2026. The meeting commenced at 04:00 PM (IST) and concluded at 04:20 PM (IST).
Agreement Details
Counterparty: M/s Stori Boat Productions LLP
Address: Awfis, 1ST FLR/102, C-38-39, Parinee Crescenzo, BKC, Opp M C A G Round G Block, Bandra (East), Mumbai, Maharashtra, India, 400051
Purpose: The agreement is for obtaining services including Brand Repositioning, Identity Refresh, and Website Design and Development. The engagement is intended to strengthen and refresh the company's brand positioning and visual identity and to develop a consistent corporate communication framework.
Financial Terms: The total professional fee is ₹62,36,000 (Rupees Sixty-Two Lakh Thirty-Six Thousand only), exclusive of GST. The fee is payable in the manner as provided in the agreement.
Significant Terms: The agreement dated 23rd September, 2026 provides for marketing services as specified for the total fee of ₹62,36,000, exclusive of applicable GST. The agreement shall remain in force until expiry of the defect warranty period, unless terminated earlier. The indicative Go-Live program is 17 weeks, extendable up to 26 weeks due to delays in Client inputs or approvals, without change in fees.
Related Party Status: The transaction does not qualify as a related party transaction and the counterparty is not related to promoter/promoter group/group companies in any manner.
Counterparty Information: M/s Stori Boat Productions LLP is a Limited Liability Partnership incorporated on 12th December, 2019. Their turnover for the FY ended 31st March, 2026 was ₹5.86 Crores.
The communication was signed by Umesh Sharma, Managing Director (DIN: 03550371), with address at T4/602, Hero Homes, Sidhwan Canal Road, Near Janpath Estate, Birmi, Ludhiana, Punjab, 142027.