Member Info for Vascular

Hi emptyend ,

I love it there also, and SE Asia generally.

Usually visit Sri lanka for a few weeks to meet wife's hundreds of relatives, then leave her there and escape to Goa

Like you. I've been going on and off to Goa for well over 15 years.

Cheapest flight i can remember was ages ago with Monarch! , seat only at under £300 incl taxes etc . Not any more.

Last time there spent three months in Palolem and the south - had a fantastic time.

Hope to do it again either in new year or if not next Sept / Oct.

Enjoy!

Sorry Salzer a new company to smart meter manufacturing but already an established manufacturer of switch gear etc

This from there recent move into smart meters

“ Salzer Electronics Ltd will not directly participate in smart meter tenders. Rather, once tenders are awarded to service providers such as Genus Power, HPL Electric, Adani Transmission, and L&T, Salzer Electronics Ltd will sell them smart meters to fulfil their service obligations towards the state DISCOMs. Some of the service providers, like Genus, Schenider, and HPL, have their own smart meter manufacturing capacities, whereas others, such as Adani Transmission, L&T, ECIL, and Intellismart, don’t have their own manufacturing setups. These pure-play service providers will depend on smart meter manufacturers like Salzer Electronics Ltd to fulfil their tender commitments towards DISCOMs. ”

More here

https://congruenceadvisers.com/microcap/salzer-electronics-share-analysis/

Hi Harley,

My post relating to Salzer was to show that movement on the Tamilnadu tender is expected this month …which I hope will be good news for CC. Salzer is Cellular only, and I have no idea if they presently have a relationship with CC presently or may so in the future. They are a relatively new meter manufacturing company and had their first order for smart meters only this year….and are expecting a further order from same customer.

They are a smart meter manufacturer and awaiting a order from a AMISP, imo

I think further info on TN tender is close. GL vas

I’m sure CC have announced their involvement in EV charging, not sure where though.

The Andhra Pradesh Southern Power Distribution Company Limited (APSPDCL) is planning to establish Electric Vehicle (EV) charging stations along national highways to cater to the rapidly growing number of EV users. The initiative aligns with the Central and State governments’ push to strengthen EV infrastructure and promote sustainable mobility

As part of the pilot, we will test e-wallet recharge options, billing updates, and SMS alert services through the meters. Only after confirming their reliability and user-friendliness will we extend the rollout to all consumers.”

https://www.deccanchronicle.com/southern-states/andhra-pradesh/apspdcl-to-launch-ev-charging-network-along-national-highways-1915089#

https://www.deccanchronicle.com/southern-states/andhra-pradesh/apspdcl-to-launch-ev-charging-network-along-national-highways-1915089#

Q&A from recent update.

Q: Can you provide an update on the status of the smart meter orders and the situation in Tamil Nadu? A: We have executed 24 crore worth of smart meter orders and have a pending order of around 22-23 crore. Additionally, we have an LOI for another 30 crore. Regarding Tamil Nadu, the tender has been floated, and the utility is analyzing the technical specs. We expect some news by November. (Unidentified_4)

https://business-news-today.com/salzer-electronics-posts-double-digit-revenue-growth-in-q2-fy26-as-smart-meter-push-gains-traction/

Sorry Harleygreen, I couldn’t help myself :)

Thanks LT.

india’s metering overhaul signals a structural reset.

“in goa, the electricity department has begun fieldwork that signals the start of a larger transition. surveys are underway to prepare for a state-wide rollout of smart meters, aligned with india’s national revamped distribution sector scheme“

anyone know exactly what is meant by the strap line “ india’s metering overhaul signals a structural reset”

https://www.***************************/india-s-metering-overhaul-signals-a-structural-reset/4121224422#:~:text=amilia%20stone,microcosm%20of%20a%20broader%20trend.

Surely, just by doing a search and posting the outcome on this BB means that at sometime in future the info posted here today , will be used in another’s users search as some-kind of supporting evidence in the future, regardless of its accuaracy.

If I posted something inaccurate or completely wrong here ..this could still be used to answer another users search ..and if others used it also quoting my original posting enough times could be seen as more factual than wrong.

Doesn’t AI, just feed off what quality of info it has to feed offf, at any particular time …no intelligence involved just a quick process giving a result , without any filter for correctness or intelligent summation.

I think the recent award for 2.4 lakh smart meters to Intellismart in Gujarat was announced three months ago when they received the Letter of Award (LoA) for the Phase II smart metering project .

https://www.linkedin.com/posts/debalina-dey-6872549a_yet-another-laurel-for-intellismart-we-activity-7356269600906375169-2w7C

The recent announcement just a few days ago was the actual sighting of the contract

“ has signed a ₹1,700 crore contract to deploy 24 lakh smart meters under Phase II of the Dakshin Gujarat Vij Company Limited (DGVCL) project. ”

https://bharatneeti.com/intellismart-infra-secures-%E2%82%B91700-cr-smart-meter-project-in-gujarat-to-deploy-24-lakh-meters-for-dgvcl/

Good news of course, but as far as I can see, it’s not a new award.

Thanks EE.

It sounded like an uplifting meeting from the audio, ALL those who represented the company and spoke sounded upbeat and positive, including Redmile…..which is hard to pull off unless there is a sense of achievement and success in the air.

A complex business deciding what's the best decision regarding the three independent platforms….but what a fantastic place to be ….they would not be even having these types of discussions if the data was not ground breaking.GL vas

Thank You EE and all the others who have posted regarding the AGM, along with their thoughts.

The representative from Redmile IMO seem to go out of his way to ensure it was known, that they remain excited about the data so far...

Can I ask do Redmile have any extra / non disclosed access to information relating to how Scancell trials are progressing , compared to say your average investor - bearing in mind that Dr Florian Reinaud (representing Redmile, Scancell's leading investor) is Non-Executive Director ?

Surely Redmile must have more insight into the latest developments involving trials ( and forward looking strategy) than what we read in the RNSs.

GL Vas

Probably need the money for xmas or do not believe the story…a bit late to bail imo.

INC are presently building up their brand ambassadors and influencers reaching to around 100 million consumers….and this is to be increased.

With one percent giving one million customers ….maybe to much to expect … do the maths using fractions of one percentage…still fantastic returns at just at one tenth of one percentage at 100,000 customers…that’s around one customer per 1000 viewings ….which with a decent product should be reachable, surely.

Harley. I am not so sure about your yachting analogy as I have heard that the best two days of owning a boat are the day you bought it and the day you sold it!…on the other hand maybe your right!

Thanks Gizmo ,

IntelliSmart Global Services Ltd have two offices listed on their web pages.

One in India in Haryana - where as we know they are doing well and have a very high profile

The other, unknown to me and as far as i can see was set up in 2021, is in Nigeria , 8B, Thaba Tseka Street, Wuse II, Abuja.

Nigerian office seems to be presently inactive and was set up in 2021.

Why Nigeria ? Is this what is meant by the blueprint ! similar business model maybe as in India. who knows, but positive going forward for CC imo.

https://intellismart.co/contact-us

Morning Safety.

I have found two links that may be of interest in Nigeria.

The first Is more recently from August 2025. Jos Electricity Distribution company (JED Plc)

“ would install 109,000 prepaid meters free of charge for only customers on Band A feeders across the company. “The exercise will focus strictly on providing meters for existing unmetered customers and replacing faulty meters only on Band A feeders.”

https://guardian.ng/energy/jed-begins-free-metering-for-over-100000-band-a-customers/

Going back to your reference to the CC RNS in 2021.. in 2019 CC partnered with Hexing

https://www.cambridgenetwork.co.uk/news/cyanconnode-holdings-plc-signs-mou-hexing

In late 2020 CWG announced that they will be to deploying 100,000 smart meters for IBEDC

“ The Meter Asset Provider license from Nigeria Electricity Regulation Company (NERC) enables us to initiate business discussions around metering with several Electricity Distribution Companies in Nigeria. Notable among this discourse is the business contract we concluded last year with IBEDC, a contract sum in excess of $11.1m in which three business hubs were ceded to us for the deployment of electricity meters. We are to deploy over 100k plus meters in Babaoko, Omu Aran, and Jebba Business hubs of the IBEDC,” Ilori revealed.”

https://spacewatchafrica.com/cwg-set-to-deploy-100000-smart-meters-for-ibedc/#:~:text=By%20admin,the%20deployment%20of%20electricity%20meters.

I have no idea if these are connected. There is a great deal of recent activity at present regarding smart meters in a Nigeria, specifically. Such as below. GL vas

This one from just a few days ago

“ Minister of Power, Adebayo Adelabu, has said the federal government secured about N700 billion from the Federation Account Allocation Committee (FAAC) to deploy 1.1 million meters nationwide by the end of 2025.

Mr Adelabu said the government would thereafter roll out two million meters annually over the next five years under the Presidential Metering Initiative (PMI).

He disclosed this on Tuesday in Lagos at the 2025 Nigerian Energy Forum (NEF), with the theme “Powering Nigeria through Investment, Innovation, and Partnership. ”

According to him, the initiative aims to close Nigeria’s metering gap, improve transparency, and enhance the financial stability of the power sector.

He said the PMI complements the 3.2 million meters being procured through the World Bank’s Distribution Sector Recovery Programme (DISREP), positioning the country to bridge the metering gap within five years.”

https://gazettengr.com/fg-secured-n700-billion-for-installation-of-1-1-million-meters-minister/#:~:text=FG%20secured%20N700%20billion%20for,meters:%20Minister%20%2D%20Peoples%20Gazette%20Nigeria

https://businessday.ng/energy/article/aba-power-is-leading-four-firms-to-assemble-smart-meters-in-aba/#

Thanks again LT.

"CyanConnode has developed successfully, in my opinion, a blue-print in India, that is potentially now being established globally".

I think CCs relationship with Esyasoft is looking increasingly important in India and abroad. EsyaSoft seem to be moving into / already working the same geographical areas as CC have mentioned, as well as many others .

Esysoaft is a relatively new company ( approx. 10 years old) but Since their foundation, the company’s graphs have changed by growing at a rate of 300% CAGR. I do think part of the key for CC is their relationship with EsyaSoft.

Here is a quote below from an interview with Bipin Chandra, founder and CEO at Esyasoft regarding what events transformed his company in India ...

"Successfully transforming and provisioning India’s first smart grid at Mysore was a turning point that laid any doubts to rest regarding Esyasoft’s ability to compete with key players in the utility sector. Mysore proved Esyasoft a game-changer in the market, and scaling this up for Indore was a huge next step for the company.

The company experienced exponential growth after the implementation of the largest Smart Grid in India at Indore along with Larsen & Toubro which empowered Esyasoft to create a unique place as a competitive solutions provider in this domain."

GL Vas

https://theenterpriseworld.com/esyasoft-bipin-chandra-brightening-future/

Apologies. Important to get the point in the correct place.

That 2.5m trade is 2.5% of the shares in Issue !

Thanks for your thoughts LT.

Can I ask. What percentage of a shareholding do you think falls under a strategic investment in CC pvt.

To have control a third party must take 51% , surely.

I guess a lower amount of say 30% would not offer control but would make it very hard for yet another company from attempting a takeover. gL vas

Well Tony, not long ago an affiliate to Esyasoft , called International Holding Company (IHC), granted a $7.5 million unsecured convertible loan note to CyanConnode.…

The owner of the International Holding Company (IHC) is Royal Group, which is the largest shareholder with a 61.2% stake. Royal Group is part of the business empire of IHC's Chairman, Sheikh Tahnoon bin Zayed al-Nah. Sheikh Tahnoon named chair of $790bn Abu Dhabi sovereign wealth fund.

Just interesting that both the Royal Group, IHC and Esyasoft are ALL UAE based….and funded Cyan at this time in India, when you would have expected the funding coming from an Indian company or similar. Gl vas