eMudhra Ltd Completes Merger of AI Cyber Forge Inc with eMudhra Inc

eMudhra Ltd has completed the merger of AI Cyber Forge Inc, a USA-based company, with its wholly owned subsidiary eMudhra Inc. The merger, which took place on February 02, 2026, is expected to promote operational synergies and reduce administrative and operating costs. Both companies are engaged in providing technology services and solutions. The revenue of eMudhra Inc and Al Cyberforge for the year ended March 31, 2025, amounted to USD 26.54 million and USD 600,000, respectively. The transferee company is a wholly owned subsidiary of the transferor company, hence there will be no cash consideration or issuance of new shares involved under the merger.