Moschip Technologies Limited — Board Meeting, 08-04-2025: Outcome of Board Meeting

The Board of Directors has announced a board meeting focused on approving the Scheme of Amalgamation of Softnautics Inc. and Softnautics Private Limited with MosChip Technologies Limited. This plan aims to streamline operations by consolidating entities engaged in semiconductor and embedded design services, potentially enhancing operational efficiency and capital utilization. The amalgamation is subject to necessary approvals from the National Company Law Tribunal and other regulatory bodies. This strategic move is anticipated to bolster the 'MosChip' brand, improve market presence, and create a more competitive business structure.