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eMudhra Limited ( (IN:EMUDHRA) ) has provided an update.
eMudhra Limited has announced an inter-se transfer of 1,27,50,000 equity shares, which accounts for 15.40% of its diluted share capital. This transfer was executed as a gift from Mr. Venkatraman Srinivasan to Mrs. Mythili Srinivasan, under the exemption provided by Regulation 10(1)(a)(i) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction was disclosed in compliance with the required regulations, ensuring transparency and adherence to the legal framework. This move reflects internal restructuring within the company’s stakeholders, potentially impacting its governance dynamics.
More about eMudhra Limited
eMudhra Limited operates in the digital security and solutions industry, focusing on providing digital identity and transaction management solutions. The company is known for its digital signature services and related offerings, catering to a wide range of market segments that require secure digital transactions.
YTD Price Performance: -12.41%
Average Trading Volume: 15,032
Current Market Cap: 67.85B INR
Learn more about EMUDHRA stock on TipRanks’ Stock Analysis page.