C2C Advanced Systems Signs MoU With IIT Ropar; Shares Fall 4.97%

Mumbai, June 5: C2C Advanced Systems has signed a three-party Memorandum of Understanding with Indian Institute of Technology Ropar and Aaizel International Technologies Private Ltd to collaborate on research and technology development across artificial intelligence and mission-critical systems.

The company said in an exchange filing that the agreement was executed on June 1, 2026, at IIT Ropar in Punjab. The collaboration will focus on artificial intelligence, cyber resilience, environmental intelligence, geospatial analytics, climate and weather technologies, and IoT-enabled monitoring systems.

According to the filing, IIT Ropar will contribute academic research infrastructure and technical expertise, while AaizelTech and C2C Advanced Systems will support operational and applied technology capabilities.

Stock Market Snapshot

C2C Advanced Systems share price traded lower following the disclosure of the MoU.

The stock was trading at ₹344.50, down 4.97% or ₹18 as of 10:10 AM IST on June 5, 2026, according to market data.

The company said the framework is intended to support collaborative research, prototype development and operational deployment of indigenous technologies relevant to defence, homeland security and critical infrastructure applications.

Collaboration Targets Mission-Critical Technologies

C2C Advanced Systems said the engagement marks its first formal collaboration with IIT Ropar and expands its participation in academic and applied research ecosystems.

The company added that future disclosures would be made if the collaboration results in funded programmes, commercial engagements or technology transfer opportunities.

Source:

• https://www.nseindia.com/get-quote/equity/C2C/C2C-Advanced-Systems-Limited
• https://nsearchives.nseindia.com/corporate/C2CAS_04062026133924_C2C_IIT_ROPAR_MOU_.pdf