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

Choice Capital Advisors has released an update regarding the open offer for Esha Media Research Limited by Opulus Bizserve Private Limited. Esha Media's board approved issuing equity shares and convertible warrants to Opulus Bizserve through a preferential allotment, awaiting shareholder approval. Separately, Opulus Bizserve executed a Share Purchase Agreement with Esha Media's promoter group to acquire 1,50,000 shares (worth Rs. 0.15 Cr) representing 1.92% of the company's paid-up capital. This highlights ongoing ownership changes at Esha Media.