Vembu offers 50% of his Zoho shares to his wife amid divorce proceedings, she refuses
In a shocking turn of events, billionaire Sridhar Vembu, the founder of Zoho Corporation, has offered to give 50% of his shares in the company to his wife, Pramila Srinivasan, amid their ongoing divorce proceedings. This revelation was made by Vembu’s lawyer, Christopher Melcher, who stated that despite this generous offer, Srinivasan has refused to accept it.
According to Melcher, Vembu’s offer to give 50% of his Zoho shares to Srinivasan is a clear indication of his willingness to settle the divorce amicably. However, Srinivasan’s response to this offer has been surprising, to say the least. Instead of accepting the offer, she has allegedly claimed that Vembu is trying to cheat her in the divorce. This claim has left many questioning the motives behind Srinivasan’s refusal to accept the offer.
Melcher has expressed his confusion over Srinivasan’s claims, stating that Vembu has already transferred his interest in the family home to her. This, according to Melcher, demonstrates Vembu’s commitment to ensuring that Srinivasan is well taken care of, even after the divorce. The fact that Vembu has already transferred the family home to Srinivasan’s name suggests that he is not trying to hide or protect his assets, as Srinivasan’s claims might suggest.
The divorce proceedings between Vembu and Srinivasan have been making headlines in recent times, with both parties engaging in a bitter battle over assets and interests. The latest development in this saga has sparked a lot of interest and debate, with many trying to make sense of Srinivasan’s refusal to accept Vembu’s offer.
It is worth noting that Vembu’s offer to give 50% of his Zoho shares to Srinivasan is a significant one. As the founder of Zoho Corporation, Vembu’s shares in the company are valued at millions of dollars. By offering to give 50% of his shares to Srinivasan, Vembu is essentially offering her a substantial amount of money and a significant stake in the company.
The fact that Srinivasan has refused to accept this offer raises questions about her motives and what she hopes to achieve through the divorce proceedings. Is she seeking a larger share of Vembu’s assets, or is there something more to her claims of Vembu trying to cheat her? Only time will tell, as the divorce proceedings continue to unfold.
In the meantime, the battle between Vembu and Srinivasan continues to make headlines, with both parties engaged in a war of words and claims. The latest development in this saga has added a new twist to the story, leaving many to wonder what will happen next.
As the situation continues to unfold, it is clear that the divorce proceedings between Vembu and Srinivasan will be closely watched by many. The outcome of this case will not only affect the two parties involved but also have implications for the future of Zoho Corporation.
In conclusion, the latest development in the divorce proceedings between Vembu and Srinivasan has added a new twist to the story. Vembu’s offer to give 50% of his Zoho shares to Srinivasan, and her subsequent refusal to accept it, has raised more questions than answers. As the situation continues to unfold, one thing is clear – the outcome of this case will be closely watched by many, and its implications will be far-reaching.
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