Hinduja Global Solutions Limited has informed the Exchange regarding a press release dated March 09, 2026, titled "Uttar Pradesh s STC signs MoU with Hinduja Global Solutions broadband vertical underProject GANGA to connect 2 Million Homes".
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Hinduja Global Solutions' broadband subsidiary OneOTT Intertainment Ltd. (OIL) has signed an MoU with Uttar Pradesh's State Transformation Commission (STC) for Project GANGA — a digital inclusion initiative. The project aims to connect over 2 million households in UP over the next 2–3 years, develop 8,000–10,000 local Digital Service Providers (entrepreneurs), and generate more than 100,000 jobs. It will support digital education and healthcare services across the state. OIL already connects over 5 million homes across 1,500+ cities through 2 lakh+ km of fibre and 15,000+ franchise partners, giving it strong execution capability for this large-scale rollout.
Positive long-term signal for HGS's broadband vertical, expanding presence in India's most populous state. However, this is an MoU rather than a confirmed revenue contract, so near-term financial impact is limited and execution risks remain.