Vembu offers 50% of his Zoho shares to his wife amid divorce proceedings, she refuses
The divorce proceedings between billionaire Sridhar Vembu, the founder of Zoho, and his wife Pramila Srinivasan, have taken a dramatic turn. According to Vembu’s lawyer, Christopher Melcher, the billionaire has offered to give 50% of his shares in Zoho to his wife as part of the divorce settlement. However, Pramila has refused this offer, claiming that Sridhar is trying to cheat her in the divorce.
This revelation has sparked a heated debate about the nature of the divorce proceedings and the motivations of the parties involved. On one hand, Vembu’s offer to give away 50% of his shares in Zoho, a company valued at over $10 billion, seems like a generous gesture. On the other hand, Pramila’s refusal of this offer and her claims that Sridhar is trying to cheat her, suggest that there may be more to the story than meets the eye.
According to Melcher, Vembu’s offer to give away 50% of his shares in Zoho is a genuine attempt to settle the divorce amicably. “Instead, she has claimed that Sridhar is trying to cheat her in the divorce,” Melcher said. “This makes no sense as Sridhar has already transferred his interest in the family home to her,” he added. This statement suggests that Vembu has already made significant concessions in the divorce proceedings, and that Pramila’s refusal of his offer is unreasonable.
However, Pramila’s lawyer has a different take on the situation. According to them, Vembu’s offer to give away 50% of his shares in Zoho is not as generous as it seems. They claim that the offer is an attempt to undermine Pramila’s claims to a fair share of the couple’s assets, and that Vembu is trying to use his wealth and influence to intimidate her into accepting a settlement that is not in her best interests.
The divorce proceedings between Vembu and Pramila have been ongoing for several months, and have been marked by a series of bitter disputes over assets and custody. The couple has two children together, and the custody arrangements have been a major point of contention. Vembu has been accused of trying to use his wealth and influence to gain an advantage in the custody battle, while Pramila has accused him of being a distant and uninvolved father.
The offer to give away 50% of his shares in Zoho is the latest twist in the divorce proceedings, and it is unclear how the situation will unfold from here. Vembu’s lawyer has claimed that the offer is a genuine attempt to settle the divorce amicably, while Pramila’s lawyer has accused him of trying to cheat her. As the situation continues to unfold, it is likely that there will be more twists and turns before the divorce is finally settled.
One thing that is clear, however, is that the divorce proceedings between Vembu and Pramila are going to be long and complicated. The couple’s wealth and influence have made the divorce a high-profile affair, and the media is likely to be following the story closely. As the situation continues to unfold, it is likely that there will be more revelations and surprises, and that the divorce will be a major news story for several months to come.
In conclusion, the offer by Sridhar Vembu to give 50% of his shares in Zoho to his wife Pramila Srinivasan amid their divorce proceedings is a significant development in the case. While Vembu’s lawyer claims that the offer is a genuine attempt to settle the divorce amicably, Pramila’s refusal of the offer and her claims that Sridhar is trying to cheat her suggest that there may be more to the story than meets the eye. As the situation continues to unfold, it is likely that there will be more twists and turns before the divorce is finally settled.
About the Author
