Equippp Social Impact Technologies has informed that the Company has executed a Memorandum of Understanding (MoU) on 15th July 2026 with the Telangana State Legislature Secretariat to build, operate and transfer 119 Constituency Development & Sustainability Bridge Foundations, one in each Assembly Constituency in Telangana The Constituency Development & Sustainability Bridge Foundations will function as independent non-profit section 8(Companies Act) organizations dedicated to constituency development and sustainability. They will serve as a bridge between MLAs, Government departments, technology partners, social impact investors, corporates, CSR foundations, philanthropies, development agencies, NGOs, academia, and the diaspora to foster cross sector collaboration. Under the framework, MLAs will serve as the Constituency Development Champion, identifying constituency priorities, encouraging citizen participation, and facilitating partnerships and resource mobilization. MLAs will not be involved in the day-to-day financial, administrative, or operational management of the Foundations.
The above information is a part of company’s filings submitted to BSE.
