i-flex Solutions Ltd has informed that the Board of Directors of the Company at its meeting held on April 04, 2008, inter alia, has approved the following:
1. A proposal to change the name of i-flex Solutions Ltd to Oracle Financial Services Ltd subject to regulatory and shareholders approval.
2. Acquisition of 31,02,000 equity shares of Rs 10/- each constituting the balance
60% stake in Flexcel International Pvt Ltd, thereby making it a wholly owned subsidiary of the Company.
1. A proposal to change the name of i-flex Solutions Ltd to Oracle Financial Services Ltd subject to regulatory and shareholders approval.
2. Acquisition of 31,02,000 equity shares of Rs 10/- each constituting the balance
60% stake in Flexcel International Pvt Ltd, thereby making it a wholly owned subsidiary of the Company.
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