Sofcom Systems Ltd Enters into NDA with Four Companies for Potential Acquisition

Sofcom Systems Limited has entered into a Non-Disclosure Agreement (NDA) with Airlink Teleservices Private Limited, Fibervalley Communications Private Limited, RK Fibergrid India Private Limited, and Scholarclone Private Limited. The purpose of the NDA is to safeguard/protect the information exchanged for the purpose of acquisition. The agreement was entered on January 16, 2025. The parties intend to engage in discussions and negotiations concerning the establishment of a business relationship between themselves, during which the Disclosing Parties will be disclosing to the Receiving Party certain data of a secret and proprietary nature and certain Confidential Information for the purpose of enabling the Receiving Party to evaluate the feasibility of the Acquisition / Investment proposal.