E2E Networks Limited — Important, 02-12-2024: Capacity addition

E2E Networks Limited has entered into an arrangement with Larsen & Toubro for capacity expansion of its data center facilities. The existing capacity is 4,200 KW, currently utilized at approximately 40% to 60%. The company proposes to add an additional 6,000 KW over the next five years, which aligns with the growing demand for its GPU and other services. Investment for this expansion will depend on actual service utilization, with financing planned through a mix of internal accruals and funds raised via a preferential issue of equity shares. This strategic move indicates a positive outlook as it positions E2E Networks to efficiently address the increasing demand in the fast-evolving digital landscape.