Key Details of Memorandum of Understanding

Parties Involved:

  • Protean eGov Technologies Limited (the Company)
  • North East Centre for Technology Application and Reach (NECTAR), an autonomous institution under the Department of Science & Technology, Government of India

Execution Date: July 3, 2026

Purpose and Scope:

  • Jointly undertake projects in digital governance, ICT, geospatial technologies, capacity building and technology-enabled socio-economic development
  • Focus on the North Eastern Region of India
  • Collaboration combines Protean's experience in building population-scale digital public infrastructure and citizen-centric platforms with NECTAR's expertise in technology applications, geospatial solutions and regional development
  • MoU aims to create a framework for identifying and implementing transformative projects that enhance public service delivery and address last-mile development challenges
  • Explore opportunities in digital governance, ICT, geospatial technologies, capacity building and technology-enabled socio-economic development
  • Accelerate adoption of innovative and scalable technology solutions for public good

Tenure: 5 years from execution date (July 3, 2026 to July 2, 2031)

Additional Terms:

  • No shareholding relationship between the parties
  • No special rights disclosed (right to appoint directors, first right to share subscription, restriction on capital structure changes)
  • No relationship to promoter/promoter group/group companies
  • Material terms to be communicated separately when finalized

Financial Impact

Financial impact not quantified in the disclosure. No monetary commitments or investment amounts specified.