PROTEAN

** Protean eGov Technologies shares PROO.NS rise 4.3% to 992 rupees, on track to post second day of gains
** IT co gets work order worth nearly 1 bln rupees ($11.7 mln) from Bima Sugam India Federation to design, develop, implement, and to provide support and maintenance for their insurance marketplace platform

** Bima Sugam is backed by insurance regulator IRDAI
** Trading volume at more than 722,000 shares, near 30-day moving avg of 776,319 shares
** PROO down nearly 31% since listing on Feb 6
($1 = 85.5540 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

(([email protected];))

** Shares of Protean eGov Technologies PROO.NS down 20% to 1,143.2 rupees, set to log their worst day on record

** The IT solutions firm said its proposals for bidding have been ruled out under design, development and ops of the IT department's PAN 2.0 project

** Stock rated "buy" on avg by three brokerages - data compiled by LSEG

** Stock down ~26% so far in 2025

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

Feb 4 (Reuters) - Protean eGov Technologies Ltd PROO.BO:

• PROTEAN EGOV - GOT TAX ORDER FOR PENALTY 56.5 MILLION RUPEES, 23.4 MILLION RUPEES

Source text: ID:nBSE8b2lj8

Further company coverage: PROO.BO

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Feb 3 (Reuters) - Protean eGov Technologies Ltd PROO.BO:

• PROTEAN EGOV TECHNOLOGIES - GETS TAX ORDER IMPOSING PENALTY OF 6.2 MILLION RUPEES

Source text: ID:nBSE21GK5w

Further company coverage: PROO.BO

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** Shares of Alankit ALAK.NS rise about 4%, set to snap a six-session losing run

** Protean eGov Technologies PROO.BO down about 1%

** E-governance services provider Alankit settles dispute with Protean eGov, with the latter to pay it 380.6 mln rupees ($4.5 mln)

** ALAK has risen roughly 14% YTD, while PROO has jumped about 66.5%

($1 = 85.1770 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru)

(([email protected]))

Dec 23 (Reuters) - Alankit Ltd ALAK.NS:

• ALANKIT LTD - SETTLES CASE WTH PROTEAN EGOV TECHNOLOGIES

• ALANKIT - CASE SETTLED FOR 380.6 MILLION RUPEES

Source text: ID:nBSE78v3c5

Further company coverage: ALAK.NS

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Dec 16 (Reuters) - Protean eGov Technologies Ltd PROO.BO:

• PROTEAN EGOV TECHNOLOGIES - UNIT NSDL E-GOVERNANCE (MALAYSIA) SDN. BHD DISSOLVED

Source text: ID:nBSE20F9SP

Further company coverage: PROO.BO

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Dec 2 (Reuters) - Protean eGov Technologies Ltd PROO.BO:

• GOT ORDER WORTH 1.61 BILLION RUPEES

Source text: ID:nBSE6CW4j9

Further company coverage: PROO.BO

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Nov 22 (Reuters) - Protean eGov Technologies Ltd PROO.BO:

• NSE INVESTMENTS TO EXERCISE OVERSUBSCRIPTION OPTION IN PROTEAN EGOV TECHNOLOGIES OFS - FILING

• NSE INVESTMENTS TO SELL UP TO 10.16% STAKE IN PROTEAN EGOV OFS VIA OVERSUBSCRIPTION OPTION - FILING

Source text: ID:nBSE66BGPt

Further company coverage: PROO.BO

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Nov 21 (Reuters) - Protean eGov Technologies Ltd PROO.BO:

• NSE INVESTMENTS TO SELL UP TO 20.31% STAKE IN PROTEAN EGOV TECHNOLOGIES VIA OFFER FOR SALE - FILING

• FLOOR PRICE FOR PROTEAN EGOV TECHNOLOGIES OFFER FOR SALE AT 1,550 RUPEES/SHARE - FILING

Source text: ID:nBSE35v1VV

Further company coverage: NSEI.NS

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** Shares of Protean eGov Technologies PROO.BO fall ~2% to 1,858 rupees

** Digital infrastructure firm posts ~15% y/y drop in Q2 consol net profit; rev declines ~7%

** PROO set to snap three straight sessions of gains, where it rose 6.5%

** Still, stock has more than doubled since listing in Nov. 2023

(Reporitng by Nishit Navin)

(([email protected];))

** Shares of digital infrastructure firm Protean eGov Technologies PROO.BO rise ~7%

** Co is planning to raise 2.45 bln rupees ($29.5 mln) fund raise via Qualified Institutional Placement (QIP), CNBC-TV18 reports

** Protean did not immediately respond to Reuters' request for comment

** Stock sees its second-most active session ever, more than 5.5 mln shares traded as of 1:30 p.m. IST

** Stock up ~53% since listing in mid-Nov. 2023

($1 = 83.1594 Indian rupees)

(Reporting by Nishit Navin in Bengaluru)

(([email protected];))

Feb 7 (Reuters) - Protean eGov Technologies Ltd PROO.BO:

• DEC-QUARTER CONSOL NET PROFIT 152.3 MILLION RUPEES VERSUS 284.5 MILLION RUPEES YEAR AGO

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 2.04 BILLION RUPEES VERSUS 1.76 BILLION RUPEES YEAR AGO

Further company coverage: PROO.BO

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Jan 26 (Reuters) - Protean eGov Technologies Ltd PROO.BO:

• PROTEAN EGOV TECHNOLOGIES LTD - RECEIPT OF WORK ORDER WORTH 160 MILLION RUPEES

Source text for Eikon: ID:nBSE9L1s1c

Further company coverage: PROO.BO

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Jan 23 (Reuters) - Protean eGov Technologies Ltd PROO.BO:

• MADE ADDITIONAL EQUITY INVESTMENT OF 50 MILLION RUPEES IN ONDC

Source text for Eikon: [ID:]

Further company coverage: PROO.BO

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** Protean eGov Technologies PROO.BO jumps as much as 7% to 847.50 rupees in trading debut vs IPO price of 792 rupees

** Digital infrastructure co's stock recovers after tepid start; opened at IPO price and hit session-low of 775 rupees

** PROO to trade in 770-830 rupees range for next two weeks, estimates Arun Kejriwal, founder at Kejriwal Research & Investment Services

** Says "There is a fatigue factor ... with IPOs because investors are not making as much money as they expected"

** IPO oversubscribed ~24x; existing holders, incl NSE Investments, Deutsche Bank and HDFC Bank, sold shares worth up to 4.89 bln rupees

** ICICI Securities, IIFL Securities among lead book runners

($1 = 83.2890 Indian rupees)

(Reporting by Rama Venkat in Bengaluru)

(([email protected]; https://twitter.com/ramavenkat0607;))