Sahana System Ltd. Looks to Revolutionalize Cross-Border Payments

Sahana System Limited Receives Official Acknowledgement and Invitation for Facilitated Discussions from Royal Thai Government on Financial Ecosystem Enhancement Proposal

Sahana System Limited (NSE: SAHANA), a distinguished provider of cutting-edge IT Service Management solutions, is pleased to announce a significant and formal advancement in its strategic engagement concerning Thailand’s financial ecosystem. The Company has received a communication from the Ministry of Finance, Royal Thai Government, formally acknowledging Sahana’s comprehensive proposal for the strategic enhancement of the payment infrastructure and the broader advancement of financial inclusion.

The aforementioned official correspondence articulates appreciation for Sahana’s proactive interest and explicitly affirms the alignment of this initiative with the Royal Thai Government's overarching strategic objectives, specifically the prioritization of digital infrastructure fortification and the expansion of financial inclusion as integral pillars for national economic growth.

The Ministry of Finance has formally indicated its amenability to a proposed meeting. This forthcoming engagement is intended to facilitate a direct referral or connection to the competent authorities, thereby ensuring that Sahana's proposal undergoes meticulous consideration by subject matter experts. Furthermore, the communication confirms that logistical arrangements for this meeting will be orchestrated, with a subsequent reversion to Sahana at the earliest practicable opportunity.

The global payment industry, valued at over $240 trillion in annual transaction volume, is ripe for disruption. Traditional systems like SWIFT, while foundational, face challenges in speed, cost, and transparency, paving the way for innovative fintech solutions. In collaboration with the Bank of Thailand (BOT) and Reserve Bank of India (RBI), Sahana’s solution enables secure, real-time cross-border transactions.

Sahana is diligently engaged with the relevant entities to orchestrate the requisite arrangements and to facilitate subsequent substantive discussions at the earliest practicable juncture.

Sahana System Limited, established in 2013, is a pioneering force in the IT services industry. Headquartered in Ahmedabad, Gujarat, our organization specializes in delivering innovative, cutting-edge technology solutions. Our expertise encompasses Artificial Intelligence, Machine learning, Internet of Things, Business Intelligence, Blockchain, IT outsourcing, and a wide range of other specialized services. With a diverse industry presence, the company has a strong foothold in Defencetech, Fintech, Healthtech, Edutech, and Master System Integration. This versatility enables us to cater to the unique needs of various sectors, fostering long-term partnerships with our clients.

As a CMMI Maturity Level 5 compliant and ISO-certified company (ISO 9001:2015 and ISO/IEC 27001:2013), it adheres to the highest standards of quality and operational excellence. The company’s commitment to customer satisfaction, coupled with an impressive track record of repeat business, drives our ambition to lead the IT and product development sectors. As a trusted partner to prominent enterprises, government and government-aided bodies, defence organizations, and financial institutions, it takes pride in its ability to foster collaborative relationships that drive innovation and growth.