Esha Media Research Ltd — Important, 01-01-1970: Company Update

Opulus Bizserve has launched an open offer to acquire up to 26% of Esha Media Research at ₹15 per share, aiming for substantial control. This follows Opulus's purchase of promoter shares and subscription to 10 Lakh new shares from Esha Media. Post-offer, Opulus will hold approximately 59.77% of Esha Media, intending to position the company for greater value creation. The target company reported a half-year net loss of ₹0.74 Cr as of September 30, 2025, and has negative equity of ₹11.67 Cr, highlighting a critical period for strategic changes under the new management. Independent directors will offer their views to shareholders.