Praruh Technologies Limited has made a disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding a partnership agreement with Quantum Networks.
Quantum Networks is described as an Indian networking technology company and brand of Zen Exim that provides intelligent, secure, and scalable networking solutions for enterprises and organizations. The company designs and manufactures networking products in India, including Wi-Fi access points, network switches, gateways, and cloud-managed networking solutions. Their services include centralized network management, monitoring, access control, identity management, guest Wi-Fi, and log management.
Their solutions are utilized across multiple sectors including enterprises, hospitality, education, healthcare, BFSI, manufacturing, ISPs, public sector, and smart cities. Quantum Networks helps organizations build, secure, monitor, and manage their wired and wireless network infrastructure using enterprise networking hardware and cloud-based management platforms.
The arrangement was entered into in the ordinary course of business and on an arm's length basis. The disclosure specifically states that there is no promoter/promoter group interest in Quantum Networks in relation to this arrangement.
The disclosure was signed by Vishal Prakash, Managing Director of Praruh Technologies Limited, from their registered and corporate office at A-58, Sector-6, Noida - 201301. The company's CIN is L72900UP2019PLC123393 and GSTIN is 09AAKCP87508128.