E2E Networks Limited has informed the Exchange about Allocation of GPU Resources to GAN AI under IndiaAI Mission

Order Above 5pct RevenueBusiness Updates View source PDF Explain this filing

E2E · price

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Price reactionminutes from the announcement price · days from the prior close

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₹235.90

prior close

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announcement price

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.7%+0.9% vs market

IT Enabled Services peers, median of 64sector-0.5%+0.7% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250 and 0.7 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

E2E Networks has received an order from IndiaAI, an arm of MeitY under the Government of India, to allocate 1024 H200 SXM GPUs to GAN AI, which has been selected to build India's foundational AI model. The allocation comes with Infiniband networking on a single fabric and runs for 12 months. The total contract value is ₹88.02 crores, with execution to begin immediately. This is a domestic government-backed deal and aligns with E2E Networks' strategic focus on high-performance computing infrastructure for AI workloads. The order is significant in size relative to the company's overall scale, making it a material business development.

Likely market impact

This is a large, prestigious government-backed AI infrastructure contract that should meaningfully boost E2E Networks' revenue and strengthen its positioning in India's growing AI compute market, likely supporting positive investor sentiment around the stock.