Ace Integrated Solutions Limited has informed the Exchange regarding 'EXECUTION OF CHANNEL PARTNER AGREEMENT'.
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Ace Integrated Solutions has entered into a non-exclusive Channel Partner Agreement with Kristellar Aerospace Private Limited (KAPL) dated March 27, 2026. Under this agreement, Ace will market, promote, bid, and sell KAPL's cyber security and secure communication solutions (including quantum-resilient encryption, secure mobile communication, and endpoint protection) across India targeting Government, Defence PSUs, and enterprise customers. Ace will receive a 25% margin/commission on net sales value. The agreement is valid for 1 year with no exclusivity granted. KAPL retains all intellectual property rights to the products. This is a strategic business development partnership in the ordinary course of business, not a direct order or contract.
This agreement opens a new revenue channel for Ace in the cyber security market targeting government and defence sectors. However, it is a framework agreement without guaranteed order volumes or immediate revenue impact. Shareholders should monitor for actual tender wins or orders flowing from this partnership.