eMudhra Limited — Investor Meet, 09-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates
09-02-2026 | 02:14 pm
09-02-2026 | 02:14 pm
eMudhra's Executive Chairman addressed allegations by 3i Infotech regarding the 2010 divestment and preference share redemption. He stated the 2010 divestment, valued by Deloitte at 30-35 Cr, was sold for 55 Cr, disproving claims of undervaluation or conflict of interest from 16 years ago. Regarding 25 Cr preference shares, he explained 12.5 Cr was redeemed by Oct 2016 and 5 Cr in 2017 based on agreement terms and prior 3i Infotech management approval. Current 3i Infotech management is challenging old decisions. eMudhra is confident in fighting these claims legally, backed by records and past approvals, despite potential litigation delays.
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