Pursuant to Regulation 30 read with Schedule III Part A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Prabhat Telecoms (India) has informed that the company has initiated talks and signed Memorandum of Understanding with Tiitan Holding Company, based in Hong Kong, China for the development, design and procurement of mobile phones, tablets, POS Devices & other similar electronic devices, designing of PCBs, etc. and act of Original Equipment Manufacturer for supply to Government Tenders in India.
The above information is a part of company’s filings submitted to BSE.