Vyome (HIND) said Monday its board will conduct a full review of strategic alternatives for Livechain, an over-the-counter-listed company in which it is the controlling shareholder with a 70% stake.

Vyome Chairman Krishna Gupta said the board plans to spend the next month weighing costs and benefits of its options, "which could include launching a new business, forming a crypto treasury, merging with an existing business, or an outright sale."

Shares were down more than 11% in recent premarket activity.