Logiciel Solutions Limited Announces Expansion into North America and Establishes AI Research Practice

Logiciel Solutions Limited Announces Expansion into North America and Establishes AI Research Practice

Logiciel Solutions Limited Announces Expansion into North America and Establishes AI Research Practice​

Logiciel Solutions Limited has announced a series of strategic developments, including the acquisition of a U.S.-based entity to establish a foothold in the North American market, key leadership appointments, and the launch of a dedicated Artificial Intelligence (AI) Research and Development practice.

Expansion into United States Market​

The company has approved an investment in Logiciel Solutions Inc., a company incorporated in Delaware, United States of America, on June 15, 2026. This investment will make Logiciel Solutions Inc. a wholly-owned subsidiary of the company. The entity is currently in its pre-commercial operation phase and will operate within the Information Technology (IT) Services sector, focusing on Software Development, IT Consulting, and IT Staffing Services.

The strategic move is intended to strengthen the company's presence in North America, enhance customer engagement, and support the growth of its existing IT services business. The investment involves a total cost of USD 10,000 for the subscription of 10,000,000 shares at a par value of USD 0.01 per share.

Key Leadership Appointments​

The Board of Directors has taken note of two significant leadership appointments to bolster the company's sales and healthcare verticals:

AppointeePositionExperience Highlights
Mr. Anshul SharmaVice President - SalesOver 12 years of experience in North American business development; managed a 15-member sales team with a track record of over USD 5 million in closed deals.
Mr. Ram Prakash VaranasiPractice Head - Healthcare15 years of experience in healthcare technology, including EMR/HIS product development and AI-healthcare solutions across the US, Singapore, and Middle East markets.

Mr. Anshul Sharma joined on April 21, 2026, on a regular basis subject to a 6-month probation period. Mr. Ram Prakash Varanasi joined on June 24, 2026, on an initial 3-month contractual engagement with plans for permanent conversion.

Establishment of AI Research & Development Practice​

Logiciel Solutions Limited has officially established an AI Research and Development Practice, which became effective in March 2026. This strategic initiative is designed to develop proprietary AI tools, AI-augmented delivery workflows, and explore new revenue streams through AI-enabled services.

The practice is led by Mr. Kumar Gaurav, a GenAI Engineer and AI Pod Lead who joined the company in March 2026. The team consists of four dedicated members who are ring-fenced from general staff augmentation deployments to focus exclusively on research and development. This initiative is funded under the Research & Development portion of the company's IPO proceeds.

Corporate Clarification Regarding Disclosure Timing​

In a related communication, the company addressed a query regarding the timing of its disclosure for Senior Management Personnel (SMP) appointments. The company stated that the delay in reporting the appointments was due to an inadvertent interpretational oversight regarding the classification of certain positions under specific regulatory categories. The company confirmed there was no intent to withhold material information and has since strengthened internal compliance measures to ensure timely reporting of all future events.

Stock Price Movement​

Logiciel Solutions Ltd shares slipped 1.13% to settle at ₹35.00 today. The stock traded within a wide range, finding support as low as ₹33.63 before closing the session at its intraday high of ₹35.00.
 

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