eMudhra Limited — JV/Acquisition, 02-02-2026: Amalgamation/Merger

eMudhra Limited's US subsidiary, eMudhra Inc, has completed its merger with AI Cyber Forge Inc. This strategic move aims to boost operational synergies, cut administrative and operating costs, and streamline business operations. AI Cyber Forge, which eMudhra Inc acquired last July, had revenue of USD 600,000, while eMudhra Inc's revenue was USD 26.54 million for FY25. No new shares are being issued, and eMudhra Limited's shareholding pattern remains unchanged, meaning no direct impact on shareholder dilution.