{"id":3233,"date":"2024-08-01T11:21:10","date_gmt":"2024-08-01T05:51:10","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=3233"},"modified":"2024-08-01T11:21:25","modified_gmt":"2024-08-01T05:51:25","slug":"ramesh-damani-has-over-1-stake-in-protean-egov-technologies","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/ramesh-damani-has-over-1-stake-in-protean-egov-technologies\/","title":{"rendered":"Ramesh Damani has over 1% Stake in Protean eGov Technologies"},"content":{"rendered":"\n<p>Ramesh Damani, a well-known investor in India, has acquired more than a 1% stake in Protean eGov Technologies Limited. This investment comes as Protean eGov Technologies, formerly known as NSDL e-Governance Infrastructure, experiences significant changes in its shareholder structure. Notably, HDFC Bank recently sold a substantial portion of its shares in the company, while other institutional investors like Nippon India Mutual Fund have also made moves in the stock\u200b (<a href=\"https:\/\/aliceblueonline.com\/stock-market-news\/protean-egov-stocks-surge-hdfc-bank-exits\/\" target=\"_blank\" rel=\"noreferrer noopener\">Alice Blue Online<\/a>)\u200b\u200b (<a href=\"https:\/\/simplywall.st\/stocks\/in\/software\/bse-544021\/protean-egov-technologies-shares\" target=\"_blank\" rel=\"noreferrer noopener\">Simply Wall St<\/a>)\u200b.<\/p>\n\n\n\n<p>Protean eGov Technologies specializes in providing IT-enabled e-governance solutions in India. The company develops large-scale projects focused on enhancing public service delivery, covering sectors like universal healthcare, agriculture, education, and financial inclusion. Despite facing challenges in recent quarters, including a 39% year-on-year decline in net profit, the company remains committed to its vision of improving public service through technology\u200b\u200b.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"487\" height=\"358\" src=\"https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2024\/08\/WhatsApp-Image-2024-08-01-at-10.48.01-AM.jpeg\" alt=\"\" class=\"wp-image-3234\" srcset=\"https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2024\/08\/WhatsApp-Image-2024-08-01-at-10.48.01-AM.jpeg 487w, https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2024\/08\/WhatsApp-Image-2024-08-01-at-10.48.01-AM-300x221.jpeg 300w\" sizes=\"(max-width: 487px) 100vw, 487px\" \/><\/figure>\n\n\n\n<p>The recent activity around Protean eGov&#8217;s shares highlights the growing interest in the company&#8217;s potential to innovate and expand within India&#8217;s digital infrastructure landscape.<\/p>\n\n\n\n<p><em>Do\u00a0you have a news tip for Lakshmishree reporters? Please email us at\u00a0<\/em>media@lakshmishree.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ramesh Damani, a well-known investor in India, has acquired more than a 1% stake in Protean eGov Technologies Limited. This investment comes as Protean eGov Technologies, formerly known as NSDL e-Governance Infrastructure, experiences significant changes in its shareholder structure. Notably, HDFC Bank recently sold a substantial portion of its shares in the company, while other [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3235,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50],"tags":[174,175],"class_list":["post-3233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-market","tag-ramesh-damani","tag-ramesh-damani-protean-egov"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/3233","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=3233"}],"version-history":[{"count":2,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/3233\/revisions"}],"predecessor-version":[{"id":3237,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/3233\/revisions\/3237"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/3235"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=3233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=3233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=3233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}