Atishay Secures Software Development Deal with Global Top Link

The IT firm has signed a significant cross-border agreement to provide technology services in Myanmar, marking a notable expansion of its international service footprint.

NEW DELHI – Atishay Limited, an Indian-based information technology solutions provider, announced on Monday, July 20, 2026, that it has entered into a definitive software development agreement with Global Top Link Technologies, based in Myanmar. The deal signals a strategic move by the company to bolster its presence in the Southeast Asian technology market.

According to regulatory filings submitted to the stock exchanges, the contract is structured in two distinct financial components. The initial phase of the software development project is valued at $295,740. Following the successful completion of the development phase, Atishay Limited will provide ongoing operational support and maintenance services for a fixed fee of $80,000 per annum.

Expanding International Service Footprint

The partnership with Global Top Link Technologies allows Atishay to export its specialized software development capabilities to the Myanmar market. Atishay Limited has been increasingly focusing on diversifying its revenue streams by tapping into emerging digital markets outside of India. This agreement follows a series of recent efforts by the company to modernize its service portfolio and enhance its software development and consulting reach.

The software development agreement encompasses the end-to-end design, implementation, and deployment of technical solutions tailored to the operational requirements of the Myanmar-based partner. By securing a long-term support contract, Atishay ensures a steady inflow of recurring revenue, which is a key component of the company's financial growth strategy.

Regulatory Disclosure and Compliance

In compliance with the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements, Atishay formally notified the BSE Limited regarding the execution of the contract. The disclosure provides transparency to investors regarding the financial valuation and the scope of services provided by the IT company.

"According to officials," the company is prioritizing such international contracts to stabilize its global revenue and mitigate domestic market risks. The board of directors at Atishay has reviewed the terms of the agreement to ensure alignment with its long-term objective of providing scalable software development solutions to foreign enterprise clients.

Why It Matters

For investors and industry observers, the contract underscores Atishay’s ability to secure cross-border projects in a competitive IT landscape. The structured payment model—combining a high-value development phase with a recurring annual support fee—provides predictable cash flow for the company. For the broader IT services sector, this development highlights the continued demand for Indian software development expertise in developing Southeast Asian markets, where digital infrastructure modernization is becoming a top priority for local firms.

Key Facts at a Glance

• Contract Value: Phase I software development is valued at $295,740.

• Support Services: Atishay will receive $80,000 per annum for ongoing operational support.

• Partner: The agreement is signed with Global Top Link Technologies, based in Myanmar.

• Scope: The deal covers design, deployment, and long-term maintenance of software solutions.

• Company Focus: Atishay Limited continues to expand its international software development reach.

FAQ

What is the scope of the Atishay deal? Atishay will provide software development services initially, followed by recurring maintenance and support for Global Top Link Technologies.

What is the total annual revenue expectation from the support phase? The company will receive a recurring fee of $80,000 per annum for the support services post-development.

How does this impact Atishay’s market position? The deal strengthens the company’s international portfolio, allowing Atishay to demonstrate its capabilities in the Myanmar market.

Are there other international projects? Atishay has been actively pursuing various international and domestic contracts to enhance its software development service offerings.

Source: BSE Limited, Atishay Limited Investor Relations