Esha Media Research Ltd.
Esha Media Research Limited has made a regulatory disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding entering into a significant agreement.
Nature of the Event
The company has entered into a Platform Design, Development, Deployment and Maintenance Agreement with LivingAI Solution LLP for an AI-powered enterprise-grade media intelligence, reputation management and actionable feedback platform.
Agreement Details
- Counterparty: LivingAI Solution LLP
- Agreement Type: Platform design, development, deployment and maintenance agreement
- Business Context: In the normal course of business
- Geographic Scope: Domestic agreement
- Duration: The agreement is for a period of one year with maintenance services on mutually agreed terms and conditions
- Commercial Terms: Development of various modules in phases for ₹1.26 crore for each phase, exclusive of applicable taxes
Relationship Disclosure
- The promoter/promoter group/group companies have no interest in the counterparty
- The transaction is not a related party transaction
- The transaction is conducted at arm's length