Aqylon Nexus Shares in Focus After Signing MoU to Develop AI-Ready Hyperscale Data Centres

SYNOPSIS: A media company signed an MoU to explore building AI-ready hyperscale data centres and advanced storage infrastructure, potentially strengthening its presence in India’s growing AI and digital infrastructure ecosystem.

During Thursday’s trading session, shares of a media company that operates in areas of content production and syndication of content hit a 5 percent upper circuit on the stock exchanges, after signing a Memorandum of Understanding (MoU) to build AI-ready hyperscale data centres.

With a market cap of Rs. 2,893.8 crores, shares of Aqylon Nexus Limited hit a 5 percent upper circuit at Rs. 114.05 on BSE, as against its previous closing price of Rs. 108.65.

News

According to the latest disclosures from the stock exchanges, Aqylon Nexus Limited has entered into an MoU with DataDirect Networks India Private Limited, a global AI data platform provider, to explore strategic collaboration leading the development of AI-ready hyperscale data centres, which could play a key role in supporting India’s digital transformation. The MoU will remain valid for one year from 4th March 2026, and either party may terminate the arrangement with 30 days’ written notice.

The primary objective of this partnership is to explore potential collaboration opportunities in the areas of Artificial Intelligence (AI) and hyperscale data centre infrastructure. As part of the proposed framework, the companies intend to explore the development of advanced “AI factories” in India – hyperscale data centres designed specifically to support generative AI applications, large language model (LLM) training, and high-performance computing (HPC) workloads.

The collaboration may also involve integrating enterprise-grade parallel file systems and NVMe-based storage technologies, which are essential for handling massive data volumes while delivering the high throughput and low latency performance required for AI-driven applications. In addition, both companies plan to evaluate potential opportunities not only within India but also in other mutually agreed international markets.

At this stage, the MoU serves as a broad framework for cooperation and does not constitute a legally binding agreement. However, if the partnership progresses further, the company believes it could strengthen its technological capabilities and presence in emerging AI and digital infrastructure segments, supporting its long-term growth strategy.

Financials

Aqylon Nexus reported a significant growth in revenue from operations, experiencing a year-on-year increase of around 110 percent, from Rs. 2.4 crores in Q3 FY25 to Rs. 5 crores in Q3 FY26. The company also returned to profitability, posting a net profit of Rs. 1.5 crore compared with a net loss of Rs. 22.7 crore in the same period last year.

The company had announced a stock split, reducing the face value of its equity shares from Rs. 10 per share to Rs. 1 per share. The ex-date for the stock split was 5th March 2026.

Aqylon Nexus Limited, formerly known as Sri Adhikari Brothers Television Network Limited, is a pioneer in the field of Indian Media, backed by one of the country’s largest content libraries of over 5,500 hours and known as the founder of the world’s most-watched humour-focused channel, SAB TV.

The company operates across content production and syndication, supplying programming to broadcasters, aggregators, and satellite networks. It also holds the distinction of being India’s first media organisation to be listed on the BSE.

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