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Shradha AI Technologies LtdImportant, 28-03-2026: Company Update

28-03-2026 | 06:34 pm

Shradha AI Technologies has divested its 45% equity stake in Moodscope AI Private Limited, which is now no longer a subsidiary. This move effectively removes a non-operational entity from the company's portfolio; Moodscope AI reported NIL income and a net worth of (₹7.62 Lakhs) in the last financial year. The divestment, fetching ₹4,50,000, saw the stake acquired by Moodscope AI's existing promoters, who are independent of Shradha AI's promoter group. This related party transaction was carried out at arm's length and received approval from the Audit Committee.

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