
MoU20 Jul 2026, 07:50 pm
Equippp Social Impact Technologies Ltd: Board Approves MoU, PMO, and New Director
AI Summary
Equippp Social Impact Technologies Ltd's Board of Directors, through a circular resolution on July 20, 2026, approved several key initiatives. The Board took note of an MoU with the Telangana State Legislature Secretariat for 119 Constituency Development & Sustainability Bridge Foundations, aiming to replicate a proven revenue generation model. To support this, a Project Management Office (PMO) will be established. Additionally, Mr. Vegendla Srinivasa Rao was appointed as an Additional Director and authorized to lead the PMO for the pilot project's implementation and business model creation. Mr. Rao brings extensive IT industry experience.
Key Highlights
- MoU signed for 119 Constituency Development & Sustainability Bridge Foundations.
- Project Management Office (PMO) to be established for implementation.
- Mr. Vegendla Srinivasa Rao appointed as Additional Director.
- Mr. Rao to lead the PMO for pilot project implementation.
- Initiative aims to replicate successful revenue generation model.
Price Impact
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