Esha Media Research Ltd announced a management transition and board reconstitution effective July 10, 2026, marking a strategic shift towards becoming an AI-native, end-to-end media and reputation intelligence platform. The founding team has transitioned from executive and operational roles to advisory positions to ensure continuity of domain expertise and client relationships. This change follows the company’s 43rd Annual General Meeting held on July 7, 2026, and a recent change in ownership and control.

The company is now led by Mr. Siddharth Saraf as Managing Director, supported by Mr. Rakesh Mudgal, who has assumed the role of Executive Director and Chief Financial Officer. The board has been reconstituted with the appointment of Independent Directors Dr. Dimple Joshi, Ms. Reena U. Wagh and Mr. Ashok Kumar Thakur. The new management structure aims to enhance stakeholder transparency and adhere to good governance norms while delivering shareholder value.

Strategic Repositioning

Under its new leadership, Esha Media Research is repositioning itself from a traditional broadcast media monitoring firm to a comprehensive intelligence platform. The company will offer monitoring, measurement, analytics and response intelligence across a spectrum of media channels. The platform is designed to serve corporates, listed companies, consumer brands, sports teams, public figures, agencies and government institutions.

Service Offerings

The company’s integrated suite of solutions will include brand and reputation tracking, sentiment and share-of-voice analytics, crisis and risk alerts, and competitive intelligence. The offerings will extend to campaign measurement and executive reputation management. Additionally, the platform will provide response and engagement solutions to help clients amplify favourable narratives and mitigate adverse coverage.

Media Channels Covered

The platform will cover a wide array of media channels to provide a unified intelligence layer. The scope of monitoring includes:

Commenting on the development, Mr. Siddharth Saraf, Managing Director, stated that the company is rebuilding into a multi-solution platform to carry its legacy of trust into the AI era. He emphasized that the platform will provide real-time insights and actionable intelligence across every relevant channel. The founding team, led by Mr. Raman Iyer, will continue to support the new management in an advisory capacity to facilitate client continuity and industry knowledge transfer.

Esha Media Research Limited shareholders approved all resolutions at its 43rd Annual General Meeting held on July 7, 2026, through video conferencing. The meeting authorized the company to borrow funds up to ₹50 crore pursuant to Section 180(1)(c) of the Companies Act, 2013, and ratified the amount borrowed exceeding prescribed limits. Shareholders also adopted the audited financial statements for the financial year ended March 31, 2026.

The board sought approval to appoint M/s. SK Patodia & Associates LLP as statutory auditors. Additionally, the meeting resolved to regularize the appointments of several directors, including Rakesh Kumar Mudgal as Additional Executive Director & Chief Financial Officer, Ashok Kumar Thakur, Reena U Wagh, and Dimple Joshi as Additional Independent Non-Executive Directors, and Siddharth Subhash Saraf as Managing Director. Shareholders also approved the payment of managerial remuneration in excess of limits to directors in case of inadequacy of profits or loss.

Remote e-voting facilities were provided by KFin Technologies Limited, commencing on July 2, 2026, and concluding on July 6, 2026. Ms. Dipali Shah, Partner of MSDS & Associates, was appointed as the Scrutinizer to oversee the voting process. The combined results of the remote e-voting and the AGM were announced on July 8, 2026.

Resolutions Passed

The shareholders considered and approved the following agenda items:

• Adoption of audited financial statements for FY26.
• Appointment of M/s. SK Patodia & Associates LLP as statutory auditors.
• Regularization of director appointments for Rakesh Kumar Mudgal, Ashok Kumar Thakur, Reena U Wagh, Siddharth Subhash Saraf, and Dimple Joshi.
• Ratification of borrowings exceeding limits under Section 180(1)(c) of the Companies Act, 2013.
• Approval to borrow up to ₹50 crore.
• Approval for payment of managerial remuneration in excess of limits.

Voting Summary