Board Meeting to be held on 31st July 2009 to consider Unaudited Financial Results for the quarter and to discuss the rising of funds
Powersoft Global Solutions Ltd has informed BSE Pursuant to Clause 41 of the Listing Agreement Meeting of the Board of Directors of the Company is scheduled to be held on the July 31, 2009, inter alia to consider and take on record the Unaudited Financial Results of the Company for the second quarter ended June 30, 2009 and to discuss the rising of funds for expansion by way of issuing Equity Shares, Convertible Warrants and any other similar instruments.
Cancellation of Warrants & Amount stands forfeited May 2, 2009
The Company has allotted 3,60,000 convertible warrants on November 02, 2007 to certain Strategic Investors, pursuant to the resolution passed by the shareholders on October 03, 2007, at a price of Rs.28/- per share. Each warrant was convertible into one Equity Share of the face value of Rs.10/-, at the option of the warrant holders, at any time prior to expiry of 18 months from the date of allotment of the warrants i.e., May 01, 2009.
As the Warrant holders not exercised for conversion, accordingly the Board of Directors of Powersoft Global Solutions Ltd., met today and decided to cancel entire 3,60,000 warrants and the amount of Rs.10,08,000/- being the amount received upfront from the warrant holders @ Rs.2.80 per warrant stands forfeited, as per the terms of the issue.
Outcome of Board Meeting April 30, 2009
Powersoft Global Solutions Ltd has informed BSE Pursuant to Clause 41 of the Listing Agreement that The Board of Directors met and took on record the Consolidated Unaudited Financial Results of the Company for the First Quarter Ended March 31, 2009.
Board Meeting to be held on 30th April 2009 to consider Unaudited Financial Results for the quarter
Powersoft Global Solutions Ltd has informed BSE Pursuant to Clause 41 of the Listing Agreement Meeting of the Board of Directors of the Company is scheduled to be held on the 30th day of April, 2009, inter alia to consider and take on record the Unaudited Financial Results of the Company for the quarter ended 31st March, 2009.
Cancellation of Warrants & Amount stands forfeited April 20, 2009
Powersoft Global Solutions Ltd has submitted to BSE that The Company has allotted 26,40,000 convertible warrants on October 19, 2007 to certain Promoters & Strategic Investors, pursuant to the resolution passed by the shareholders on October 03, 2007, at a price of Rs.28/- per share. Each warrant was convertible into one Equity Share of the face value of Rs.10/-, at the option of the warrant holders, at any time prior to expiry of 18 months from the date of allotment of the warrants i.e., April 18, 2009.
As the Warrant holders not exercised for conversion, accordingly the Board of Directors of Powersoft Global Solutions Ltd., met today and decided to cancel entire 26,40,000 warrants and the amount of Rs.73,92,000/- being the amount received upfront from the warrant holders @ Rs.2.80 per warrant stands forfeited, as per the terms of the issue.
Outcome of AGM March 17, 2009
Powersoft Global Solutions Ltd has informed BSE that the Annual General Meeting of the Company was held as per schedule on 16th March 2009 and all the items of Agenda as stated in the notice were passed by the shareholders.
Update February 12, 2009
Powersoft Global Solutions Ltd has informed BSE that the Promoters of the Company have not pledged any shares to Banks or Financial Institutions.
Fixes Book Closure for AGM February 12, 2009
Powersoft Global Solutions Ltd has informed BSE that the Register of Members and Share Transfer Books of the Company will remain close on March 16, 2009 for the purpose of ensuing 16th Annual General Meeting of the Company is schedule to be held on March 16, 2009.
Outcome of Board Meeting February 12, 2009
Powersoft Global Solutions Ltd has informed BSE Pursuant to Clause 41 of the Listing Agreement that The Board of Directors met and Approved the Consolidated Audited Accounts and the Financial Results of the Company for the period Ended December 31, 2008 (15 months).
Board Meeting to be held on February 12, 2009 to consider Audited Financial Results for the quarter and period ended
Powersoft Global Solutions Ltd has informed BSE Pursuant to Clause 41 of the Listing Agreement Meeting of the Board of Directors of the Company is scheduled to be held on the February 12, 2009, inter alia to receive, consider and adopt Audited Financial Results of the Company for the fifth quarter and period ended on December 31, 2008 (15 months), Directors’ Report for the period ended on that date, convening of the AGM and closure of Share Transfer Books and Register of Members amongst other items of the Agenda.
FY 08 results by March 31, 2009, January 19, 2009
Powersoft Global Solutions Ltd has informed BSE that as informed earlier the Company has extended its financial year ending to 31st December 2008 in respect of the last quarter results (i.e. October 2008 to December 2008) company opts not to submit Unaudited Financial Results for the quarter and submit the Audited Financial Results for the entire period (15 months) with in 3 months of end of the period ending December 31, 2008 (i.e. before March 31, 2009).
Investment November 19, 2008
Powersoft Global Solutions Ltd has informed BSE that the company has invested an amount of Rs. 2.6 crores in its wholly owned subsidiary RFID Global Solutions Pvt. Ltd. formerly Concentric RF Systems Pvt. Ltd. by subscribing towards 26 lakh equity shares of the face value of Rs. 10/- each at par.
Change in Financial Year November 13, 2008
Powersoft Global Solutions Ltd has informed BSE that the Company has obtained from Registrar of Companies Karnataka, Bangalore for Extention of Financial Year ending September 30, 2008 (12 months) to December 31, 2008 (15 months).
Outcome of Board Meeting Reg. 4th Qtr Unaudited Financial Results FY 2007-08 October 30, 2008
Powersoft Global Solutions Ltd has informed BSE Pursuant to Clause 41 of the Listing Agreement The Board of Directors met and took on record the 4th Quarter Unaudited Financial Results of the Company for the Quarter Ended September 30, 2008 (i.e. July 08 to Sept. 08).
Board Meeting to be held on October 30, 2008 to consider Unaudited Financial Results for the quarter
Powersoft Global Solutions Ltd has informed BSE Pursuant to Clause 41 of the Listing Agreement Meeting of the Board of Directors of the Company is scheduled to be held on the 30th day of October, 2008, inter alia to consider and take on record the Unaudited Financial Results of the Company for the fouth quarter ended 30th September, 2008.
Outcome of Board Meeting Reg. 3rd Qtr Unaudited Financial Results FY 2007-08 July 30, 2008
Powersoft Global Solutions Ltd has informed BSE Pursuant to Clause 41 of the Listing Agreement The Board of Directors met and took on record the 3rd Quarter Unaudited Financial Results of the Company for the Quarter Ended June 30, 2008 (i.e. Apr 08 to Jun 08).
Investment July 1, 2008
Powersoft Global Solutions Ltd has informed BSE that the company has invested an amount of Rs. 3.6 crores in its wholly owned subsidiary Concentric RF Systems Pvt. Ltd. by subscribing towards 36 lakh equity shares of the face value of Rs. 10/- each at par. |
