Mudunuru Ltd Acquires 51% Stake in Hospitality Arm

Mudunuru Limited announced its Board of Directors has approved the acquisition of a 51% shareholding in M/s. Mudunuru Hospitality Private Limited, thereby making it a subsidiary. The company also approved the un-audited financial results for the quarter and half-year ended September 30, 2026. Additionally, the Board approved an increase in authorized share capital and the preferential issue of convertible warrants and equity shares to promoters and the public, subject to shareholder and regulatory approvals. An Extra-Ordinary General Meeting is scheduled for December 12, 2026, to seek these approvals.