TVS Electronics (BSE: 532513, NSE: TVSELECT) signed a non-binding, non-exclusive memorandum of understanding with an Indian cybersecurity services provider to jointly pursue opportunities in cybersecurity and enterprise technology, according to a Tuesday exchange filing.

The agreement covers cybersecurity, cloud infrastructure, AI-enabled platforms, managed services and digital transformation services for enterprise and government customers.

The companies will explore joint technology integration, co-branded offerings, marketing initiatives, and participation in tenders through project-specific agreements.