Memorandum of Understanding/Agreements

Zota Health Care Limited has announced the execution of a Memorandum of Understanding (MOU) for the acquisition of an 80% stake in M/s Globotask IT Consultancy Services Private Limited (GITCL). Under the terms of the MOU, Zota will acquire 8,000 equity shares of GITCL for an aggregate consideration of Rs. 25,00,000/- (Rupees Twenty Five Lakhs Only). This strategic move indicates Zota Health Care's potential expansion or diversification into the IT consultancy services sector. For investors, this signifies a strategic decision that could influence the company's future growth trajectory and business portfolio.