Shloka Infotech - Outcome Of Board Meeting

Shloka Infotech Ltd has informed that the Board of Directors of the Company at its meeting held on March 23, 2007, inter alia, has considered and approved a Scheme of amalgamation between the Company with other six Companies, Shloka Academy Pvt Ltd., Shloka Graphics Pvt Ltd, Shloka Peripheral Pvt Ltd, Shloka Finance Consultancy Pvt Ltd, Shloka Software Pvt Ltd, and Shloka Publications Pvt Ltd.