AFTEK

Aftek Infosys Limited has informed the Exchange that the Board decided to change the financial year of the Company from June 30 to March 31 every year with the result that the current financial year would comprise of a period of 9 months i.e. from July 01, 2005 to March 31, 2006.

Aftek Infosys Limited has informed the Exchange that the Committee of the Board of Directors for allotment of shares on conversion of FCCBs has on January 05, 2006 allotted 92712 numbers of equity shares by converting 20 numbers of 1% Foreign Currency Convertible Bonds Due 2010. After the said conversion, the paid up share capital of the Company stands increased from Rs.17,06,33,926/- to Rs.17,08,19,350/-.

Aftek Infosys Limited has informed the Exchange regarding changes in shareholding of Directors/Officers of the Company which are as follows: - (1) V.J. Masurekar has acquired 25000 shares of Aftek Infosys Limited and the shareholding of V.J. Masurekar after the said acquisition is 25000 shares aggregating to 0.03% of the share capital of Aftek Infosys Limited.(2) Shrikant Inamdar has acquired 25000 shares of Aftek Infosys Limited and the shareholding of Shrikant Inamdar after the said acquisition is 25000 shares aggregating to 0.03% of the share capital of Aftek Infosys Limited. (3) Dr. S S S

Aftek Infosys Limited had informed the Exchange that Mr. Sandip Save, Non-Executive Director and Mr. Mahesh Vaidya, Executive Director of the Company have resigned w.e.f. December 31, 2005. In this regard the Company has now informed the Exchange that Mr. Mahesh Vaidya, continues with the Company as its Chief Technology Officer.

Aftek Infosys Limited has informed the Exchange that Mr. Sandip Save, Non-Executive Director and Mr. Mahesh Vaidya, Executive Director of the Company have resigned w.e.f. December 31, 2005.

Aftek Infosys Limited has informed the Exchange that at the AGM of the Company held on December 30, 2005, the Shareholders have inter-alia adopted the following resolutions :- 1) Declaration of dividend @ Re. 1/- per share on the equity shares of the Company for the year ended June 30, 2005. 2) Increasing the investment limit for Foreign Institutional Investors from 30% to 40% of paid up share capital of the Company.3)Adoption of annual accounts for the year ended June 30,2005.

Aftek Infosys Limited has informed the Exchange that the Company has acquired the remaining 51 per cent stake in the Munich-based Arexera Information Technologies GmbH on December 29, 2005, thus holding 100 per cent of Arexera. The company had earlier informed that they had acquired 49% stake in Arexera with the right to buy the balance.

Aftek Infosys Limited has informed the Exchange regarding a press release about acquisition of remaining 51% stake in the Munich-based Arexera Information Technologies GmbH thus acquiring 100 per cent.The details of the press release dated December 30, 2005 titled " Aftek acquires balance 51 per cent stake in Arexera Also announces 50 per cent dividend at the 18th AGM ", shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Aftek Infosys Limited has informed the Exchange that the Company on December 20, 2005 allotted 42024 numbers of equity shares of Rs.02/- each to employees and directors on exercise of stock options granted under the Aftek Employee Stock Option Scheme 2004. After the said conversion, the paid up share capital of the Company stands increased from Rs. 17,05,49,878/- to Rs. 17,06,33,926/-.

Aftek Infosys Limited has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the quarter ended September 30, 2005 and found the same to be in order subject to certain observations. The auditor's observations are: (a) Salaries & Wages includes remuneration to directors. (b) Provision for Income-tax has been made on the ad-hoc basis and not as per the AS 22 "Accounting for taxes on Income." (c) Other Expenditure includes Software Development Charges Rs.999.59 lacs.

Aftek Infosys Limited has informed the Exchange that the Company on December 05, 2005 allotted 29,378 numbers of equity shares of Rs.02/- each to employees and directors on exercise of stock options granted under the Aftek Employee Stock Option Scheme 2004. After the said conversion, the paid up share capital of the Company stands increased from Rs. 17,04,91,122/- to Rs. 17,05,49,878/-.

Aftek Infosys Limited has informed the Exchange that the Company on November 30, 2005 allotted 59,469 numbers of equity shares of Rs.2/- each to employees and directors on exercise of stock options granted under the Aftek Employee Stock Option Scheme 2004. After the said conversion, the paid up share capital of the Company stands increased from Rs. 17,03,72,184/- to Rs. 17,04,91,122/-.

Aftek Infosys Limited has informed the Exchange that at a meeting of the BODs of the Company held on November 30, 2005, inter alia, following business was transacted: (1) The Board recommended a dividend @Re.1/-(Rupee One only) per Equity Share of Rs.2/- each for consideration and declaration by the Shareholders at the ensuing AGM of the Company to be held on December 30, 2005. (2) The Board also proposed resolution for approval of Shareholder for Increasing the Investment limit for Foreign Institutional Investors under portfolio investment scheme of Reserve Bank of India from existing 30% to

Aftek Infosys Limited has informed the Exchange that in accordance with the special resolution passed at an EGM of the Company of the Company held on November 09, 2005, the Company has allotted 39,69,200 numbers of Warrants to the Promoters' Group at a price of Rs.120.60 on Preferential Issue basis. Each Warrant is convertible into one equity share of Rs.2/- on or before the expiry of 18 months from the date of allotment and has a lock-in period of three years.

Aftek Infosys Limited has informed the Exchange that the Company has fixed the Book Closure from December 23, 2005 to December 30, 2005 (both days inclusive) for the purpose of AGM and payment of dividend for the year ended June 30, 2005, if declared at the AGM.

Aftek Infosys Limited has informed the Exchange that the Committee of the Board of Directors for allotment of shares on conversion of FCCBs has on November 16, 2005 allotted 35,69,439 numbers of equity shares by converting 770 numbers of 1% Foreign Currency Convertible Bonds Due 2010. After the said conversion, the paid up share capital of the Company stands increased from Rs.16,32,33,306/- to Rs.17,03,72,184/-.

Aftek Infosys Limited has informed the Exchange that at an EGM of the members of the Company held on November 09, 2005, following resolutions were passed. 1) Ordinary Resolution increasing the Authorized Share Capital of the Company from Rs. 20 crores to Rs. 25 crores. 2) Special Resolution for amending the Articles of Association consequent upon increase of the Authorised Share Capital from Rs. 20 crores to Rs. 25 crores. 3) Special Resolution authorizing the Board of Directors to issue securities to Promoters Group on Preferential Issue basis upto an aggregate of Rs. 48.50 crores (Minimum Is

Aftek Infosys Limited has informed the Exchange that at a meeting of the BODs of the Company held on October 10, 2005, it was interalia decided to increase the Authorized Share Capital of the Company from Rs.20 crores to Rs.25 crores and to seek shareholders' approval to the enabling Special Resolution under Section 81 of the Companies Act for issue of securities to Promoters Group on Preferential Basis upto 48.50 crores.

Aftek Infosys Limited has informed the Exchange that the Committee of the Board of Directors for allotment of shares on conversion of FCCBs has on October 10, 2005 allotted 11,58,909 numbers of equity shares by converting 250 numbers of 1% Foreign Currency Convertible Bonds Due 2010. After the said conversion, the paid up share capital of the Company stands increased from Rs.16,08,47,384/- to Rs.16,31,65,202/-.

Aftek Infosys Limited has informed the Exchange that the Committee of the Board of Directors for allotment of shares on exercise of stock options has on October 10, 2005 allotted 34,052 numbers of equity shares under the Aftek Employee Stock Option Scheme 2004. After the said conversion, the paid up share capital of the Company stands increased from Rs.16,31,65,202/- to Rs.16,32,33,306/-.

Aftek Infosys Limited has informed the Exchange that the Committee of the Board of Directors for allotment of shares on conversion of FCCBs has on September 28, 2005 allotted 1390690 numbers of equity shares by converting 300 numbers of 1% Foreign Currency Convertible Bonds Due 2010. After the said conversion, the paid up share capital of the Company stands increased from Rs.15,80,66,004/- to Rs.16,08,47,384/-.

Aftek Infosys Limited has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the quarter ended June 30, 2005 and the details of the same are available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Aftek Infosys Limited has informed the Exchange that the Committee of the Board of Directors for allotment of shares on conversion of FCCBs has on September 09, 2005 allotted 24,10,531 numbers of equity shares by converting 520 numbers of 1% Foreign Currency Convertible Bonds Due 2010. After the said conversion, the paid up share capital of the Company stands increased from to Rs. 15,32,44,942 to Rs. 15,80,66,004.

Aftek Infosys Limited has informed the Exchange that Merill Lynch Capital Markets Espana S.A.S.V. has acquired 23,17,819 shares aggregating to 2.93% of the total share capital of Aftek Infosys Limited on September 09, 2005. The mode of acquisition is through conversion of FCCBs and the shareholding of of Merill Lynch Capital Markets Espana S.A.S.V. after the said acquisition is 44,92,977 shares aggregating to 5.68% of the total share capital of Aftek Infosys Limited.

Aftek Infosys Limited has informed the Exchange that the FCCB Committee of the Board of Directors of the Company has issued and alloted by way of Resolution by Circulation on August 30, 2005, 16,22,471 equity shares of Rs. 02/- each at a premium of Rs.92/- per share by conversion of 350 numbers of 1% Foreign Currency Convertible Bonds Due 2010 at the conversion price of Rs. 94/- . Accordingly, the paid-up equity share capital of the Company has increased from Rs. 15,00,00,000/- divided into 7,50,00,000 equity shares of Rs.02/- each to Rs.15,32,44,942/- divided into 7,66,22,471 equity shares of

Aftek Infosys Limited has informed the Exchange that the Company has issued a press release dated August 29, 2005, titled 'Aftek further strengthens its services opportunities ; signs up with Us based V-soft Inc.'. The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Citi Bank N.A. had informed the Exchange that Merrill Lynch Capital Markets Espana SA SV.(Acquirer) along with PAC Merrill Lynch International Limited has acquired 23,17,819 shares aggregating to 3.09% of the total paid up capital of Aftek Infosys Limited on August 16, 2005. The mode of acquisition is Acquisition of Convertible Bonds and the shareholding of Merrill Lynch Capital Markets Espana SA SV. along with PAC Merrill Lynch International Limited after the said acquisition is 45,15,577 shares aggregating to 6.02% of the total paid up capital of Aftek Infosys Limited. Citibank N.A. has now

Citi Bank N.A. has informed the Exchange that Merrill Lynch Capital Markets Espana SA SV.(Acquirer) along with PAC Merrill Lynch International Limited has acquired 23,17,819 shares aggregating to 3.09% of the total paid up capital of Aftek Infosys Limited on August 16, 2005. The mode of acquisition is Acquisition of Convertible Bonds and the shareholding of Merrill Lynch Capital Markets Espana SA SV. along with PAC Merrill Lynch International Limited after the said acquisition is 45,15,577 shares aggregating to 6.02% of the total paid up capital of Aftek Infosys Limited.

Aftek Infosys Limited has informed the Exchange that the Company has issued a press release dated August 04, 2005, titled 'Aftek sales up 41%; profits up by 29% in FY '04-05'. The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Aftek Infosys Limited has informed the Exchange that Issue of 1% Foreign Currency Convertible Bonds due 2010 has been officially listed on the luxembourg Stock Exchange since June 29, 2005.

Aftek Infosys Limited has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the quarter ended March 31, 2005 and the details of the same are available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Aftek Infosys Limited has informed the Exchange that on closing the 1% Foreign Currency Convertible Bonds Due 2010 (Bonds) offer on June 24, 2005, the company have issued and allotted 3000 Bonds of US $ 10,000/- each aggregating to US $ 30 millions. The Bonds are convertible into Global Depository Receipts (GDRs)/ Equity Shares at an initial conversion price of Rs.94/- and are to be listed on Luxembourg Stock Exchange. Jefferies International Limited, London have acted as the 'Manager' to the issue and Fortress Financial Services Ltd were the Advisor to the Company. The list of subscribers inc

Aftek Infosys Limited has informed the Exchange that the Company has issued a press release dated April 29, 2005, titled 'Aftek delivers yet another impressive quarter; Posts net sales growth of 40.91% and net profit growth of 34.72%; Nine-month net income stands at 139.62 crore'. The details of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Aftek Infosys Limited has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the quarter ended December 31, 2004 and the details of the same are available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Aftek Infosys Limited has informed the Exchange that the Company has issued a Press release dated March 22, 2005, titled "Seekport gets coveted 'Innovation Area' Award at CeBIT". The details of the press release issued by the Company shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Aftek Infosys Limited has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the quarter ended September 30, 2004 and the details of the same are available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Aftek Infosys Limited has informed the Exchange that in terms of the special resolution passed at the AGM of the company held on December 28,2004 the Board has allotted 2,50,00,000 equity shares of Rs.02/- each as bonus shares for which January 28,2005 was fixed as record date.

Aftek Infosys Limited has informed the Exchange that at the Annual General meeting of the Company, shareholders have interalia adopted the following resolutions: 1) Declaration of dividend @ Rs.1/- per share on the equity shares of the Company for the year ended June 30, 2004. 2) Increase of Authorised Share Capital from Rs.15 crores to Rs.20 crores. 3) Issue of Bonus Shares in the ratio of one equity share for every two equity shares held on a record date to be fixed by the Board. 4) Resolution under section 81 of the Companies Act, authorizing the Board of Directors to issue securit

Aftek Infosys Limited has informed the Exchange that Company has fixed January 28, 2005 as the "Record Date" for the purpose of deciding entitlement to the issue of bonus shares in the ratio of one equity share for every two equity shares (of Rs. 2/- each) held.

Aftek Infosys Limited has informed the Exchange that the Company has on December 21, 2004 issued a Press release titled 'Seekport enters UK market - Would provide real alternative to US-centric search engines & Plans to enter Italy, Spain, Scandinavia and Eastern Europe in 2005'. The details of the press release issued by the Company shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Aftek Infosys Limited has informed the Exchange that at the meeting of the BODs of the Company, inter alia, the following were transacted: 1) The Board recommended a dividend @ Rs.1/- per equity share of Rs.2/- each for sanction of the Shareholders at the ensuing Annual General Meeting to be held on December 28,2004. 2)The Board recommended an issue of Bonus Shares in the ratio of One equity share for every Two equity shares of the company held by the Members on a day to be fixed by the Board.3)The Board also proposed following resolutions for approval of Shareholders: a)Increasing the Author

Aftek Infosys Limited has informed the Exchange that the company has fixed Book Closure from December 21,2004 to December 28,2004 (both days inclusive) for the purpose of AGM to be held on December 28,2004 whereat, inter alia, the item for declaration of dividend for the year ended June 30,2004 will also be transacted.

News Verification : The press had reports that Aftek Infosys Limited has entered into a 50-50 joint venture with an UK-based IT firm in the wireless and mobile area. The Exchange, in order to verify the accuracy or otherwise of the information reported in the press and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Aftek Infosys Limited has vide its letter inter-alia stated, "As regards business proposal with UK based firm we would like to clarify that the arrangements have not yet been finalized. The arrangement