StockWatch
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Computers - Software & Consulting
Management Change20 Jul 2026, 08:00 pm

Equippp Social Impact Technologies Appoints New Director, Approves PMO

AI Summary

Equippp Social Impact Technologies Limited announced the appointment of Mr. Vegendla Srinivasa Rao as an Additional Non-Executive, Non-Independent Director. The Board also approved the establishment of a Project Management Office (PMO) and authorized Mr. Rao to lead it. This follows a Memorandum of Understanding (MoU) with the Telangana State Legislature Secretariat for developing 119 Constituency Development & Sustainability Bridge Foundations, a model the company aims to replicate for generating IP revenue through Public-Private Partnerships.

Key Highlights

  • Mr. Vegendla Srinivasa Rao appointed as Additional Director.
  • Company establishes a Project Management Office (PMO).
  • MoU signed for 119 Constituency Development Foundations.
  • Initiative aims to replicate proven PPP revenue model.
  • Director to lead the new Project Management Office.