MoU3 Aug 2026, 12:09 pm
GACM Technologies Signs ₹15 Cr MOU with Meridian Intelligence
AI Summary
GACM Technologies Ltd has entered into a Memorandum of Understanding (MOU) with Meridian Intelligence Private Limited. This agreement aims to strengthen GACM's presence in software development and generate new revenue streams. The MOU establishes a framework for future binding agreements related to software development. The contract value under this understanding is ₹1,500 lakhs (₹15 Crores) and is set to commence from the effective date and continue until September 30, 2028. Meridian Intelligence Private Limited is not related to GACM's promoters or group companies, and the transaction is not a related party transaction.
Key Highlights
- GACM Technologies signs MOU with Meridian Intelligence Private Limited.
- The agreement focuses on software development and revenue generation.
- Contract value is ₹1,500 lakhs (₹15 Crores).
- The collaboration is for a multi-year period until September 30, 2028.
- Parties involved are not related; transaction is not a related party deal.
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