Netweb Technologies India Limited has officially informed the stock exchanges about the launch of its latest product, “Tyrone ParallelStor Velox,” on April 29, 2026. This intimation, filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlights the company’s expansion into advanced unified data platforms. The new product is designed to power Artificial Intelligence (AI), High-Performance Computing (HPC), and enterprise infrastructure for both domestic and international markets.

The “Tyrone ParallelStor Velox” is a unified data platform that addresses the increasing computational demands of modern infrastructure. While the product is being launched for both Indian and global markets, it is currently focusing its initial deployment within India. This launch follows the company’s ongoing strategy to provide homegrown high-end computing solutions (HCS) and compete with foreign OEMs in the server and storage space. The company’s Secretary and Compliance Officer, Lohit Chhabra, formalized the announcement through a digital filing on the same date.

Netweb Technologies is a leading Indian provider of HCS, specializing in supercomputing systems, private cloud, and AI workstations. In 2025, the company strengthened its market position by securing a massive ₹1,734 Crore strategic order to power India’s sovereign AI infrastructure. Throughout 2025, Netweb also expanded its collaboration with global tech giants like NVIDIA and AMD to produce “Make-in-India” server systems. The company has deployed some of India’s fastest supercomputers, including AIRAWAT and PARAM Ambar, and currently maintains a strong deal pipeline exceeding ₹42.7 billion.

During the last quarterly financial results for the period ending December 31, 2025, Netweb reported a robust revenue of ₹804.93 Crores, representing a 141% YoY growth from ₹333.99 Crores in the previous year. Profit After Tax (PAT) for the same quarter surged by approximately 146.7% YoY to ₹73.31 Crores compared to ₹29.72 Crores in the corresponding quarter of 2024. In terms of shareholding, promoters held a significant 66.98% stake as of March 2026, while Foreign Institutional Investors (FIIs) maintained a 9.29% holding. Notable institutional presence includes various Indian mutual funds, which increased their exposure during early 2026 as the company’s stock delivered multibagger-style returns.