Kamleshbhai Dharshibhai Koradiya and Hirenbhai Rasiklal Doshi made an offer to acquire 26% stake in Emed.com Technologies Ltd for INR 10.6 million on June 17, 2013. Kamleshbhai Dharshibhai Koradiya and Hirenbhai Rasiklal Doshi will acquire 0.88 million shares of Emed.com Technologies for INR 12 per share. The offer was triggered by an agreement signed by Kamleshbhai Dharshibhai Koradiya and Hirenbhai Rasiklal Doshi to acquire 26.10% stake in Emed.com Technologies Ltd from Safire Global Medicare Ltd and Siddhartha Consultancy Services Private Limited for INR 0.88 million on June 17, 2013. Offer period will commence from August 7, 2013 and close on August 22, 2013. For the year ended March 31, 2013, Emed.com reported revenues of INR 5.3 million, net income of INR 1.02 million and net worth of INR 40.5 million. The date by which committee of the independent Directors of Emed.com Technologies shall give the recommendations is August 5, 2013. As on June 28, 2013, Emed.com Technologies issued a draft letter of offer for its shareholders. The last date of communicating rejection/acceptance and payment of consideration for applications accepted/return of unaccepted share certificates/credit of unaccepted equity shares to demat account is September 5, 2013.

As of August 3, 2013, Yogesh Kumar Gautam and Manish Kumar Singh formed as an Independent committee for the offer. As on August 5, 2013, the Committee of Independent Directors recommended that the offer price is fair and reasonable. The tender offer will commence on August 7, 2013 and will expire on August 22, 2013. Priyaranjan of D&A Financial Services (P) Limited acted as manager to the offer on behalf of Kamleshbhai Dharshibhai Koradiya and Hirenbhai Rasiklal Doshi. Virender Kumar Rana of Skyline Financial Services Pvt. Limited acted as registrar to the offer. Rishi Sekhri of Rishi Sekhri & Associates acted as accountant for Kamleshbhai Dharshibhai Koradiya and Hirenbhai Rasiklal Doshi. K K Securities Ltd acted as depository bank for Kamleshbhai Dharshibhai Koradiya.