Aqylon Nexus Limited has informed the Exchange about Execution of Memorandum of Understanding (MoU) with DataDirect Networks India Private Limited
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Aqylon Nexus Limited (formerly Sri Adhikari Brothers Television Network) has signed a one-year Memorandum of Understanding with DataDirect Networks India Private Limited (DDN), described as a global leader in AI data platforms. The two parties will explore building AI-ready hyperscale data centres in India to support generative AI, large language model training, and high-performance computing workloads. The collaboration also covers integrating enterprise-grade parallel file systems and NVMe storage, plus evaluating joint opportunities in India and other geographies. The MoU is non-binding, valid for one year from 4 March 2026, and either side can walk away with 30 days' notice. No equity, board seats, or related-party links are involved at this stage.
This is an early-stage exploratory partnership with a high-profile global AI infrastructure player, which could be positive for sentiment if it materialises into a binding deal, but shareholders should note that nothing is legally committed yet and the MoU can be terminated easily. Near-term impact on stock price is likely to be limited pending concrete announcements on projects or investments.