Monday, September 29, 2008

Board Of Directors Of The Company - Sep 29, 2008

Aztecsoft Ltd has informed that the Board of Directors of the Company at its meeting held on September 26, 2008 has approved the Scheme of Amalgamation of Aztecsoft Ltd with MindTree Ltd.

The Board has approved the swap ratio as recommended by PricewaterhouseCoopers Pvt. Ltd and Adithya and Vishwas, Chartered Accountants and the Fair Opinion given by Karvy Investor Services Ltd, Category I Merchant Bankers.
The Swap Ratio approved by the Board is:
2 (two) equity share of MindTree Ltd of Rs 10/- each, fully paid-up be allotted for every 11 (eleven) fully paid up equity shares of Rs 3/- each of Aztecsoft Ltd.

No comments: