eMudhra Limited — Others, 25-02-2025: Disclosure under SEBI Takeover Regulations

Mythili Srinivasan is set to acquire 1,27,50,000 equity shares of eMudhra Limited from Venkatraman Srinivasan, constituting 15.40% of the company's share capital. The acquisition will occur between March 04 and March 15, 2025, with no financial consideration as the shares are a gift. This inter-se transfer is exempt from making an open offer due to regulatory provisions. Investors may view this strategic move positively, as it reinforces the familial ties among major shareholders, enhancing stability in governance while expanding Mythili's stake to 17.35%.