| ||Board Meeting on April 30, 2012 | 4/24/2012 3:25:41 PM|| |
| ||Prism Informatics Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 30, 2012, inter alia, to consider the following resolutions:|
1. Allotment of 23,01,050 Compulsorily Convertible Debentures (CCD’s III) of Rs. 100 each at par at the prefixed conversion price of Rs. 54.04 determined in accordance of SEBI (ICDR) Regulations, 2009.
2. Allotment of 10,00,000 Non Cumulative Compulsorily Convertible Preference Shares (NCCP’s IV) of Rs. 100/- each at par. The Conversion price will be determined at the time of conversion of NCCP’s in accordance with SEBI (ICDR) Regulations, 2009.
3. Consider the proposal of issue of 6%, 15,00,000 Compulsory Convertible Debentures (CCDs-IV) of Rs. 100 each on preferential basis.