HELIOSMATH

Helios And Matheson Information Technology Limited has submitted to the Exchange a copy of the minutes of the Annual General Meeting of the Company held on September 26, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/HMITL_AGM_06122007.zip target=NEW> For more details click here.</a>

Helios And Matheson Information Technology Limited had informed the Exchange regarding a press release, with respect to Business highlights. The company has now informed the Exchange to ignore the earlier press release. A copy of the revised press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Helios_PR_30102007.zip target=NEW> For more details click here.</a>

Helios And Matheson Information Technology Limited has informed the Exchange regarding a press release, with respect to Business highlights. A copy 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/Corporate Announcements).<a href=/content/corporate/helios_PR_29102007.zip target=NEW> For more details click here.</a>

Helios And Matheson Information Technology Limited has informed the Exchange that: "In accordance with the Offering Circular dated July 7 2006 for issue of US$20 million with an over allotment option of upto USD 5 million 2 % Foreign Currency Convertible Bonds due 2011 (FCCB), the Company had received an amended conversion notice for allotment of 385500 shares (instead of 354384 shares) on conversion of 10 nos of bonds. As the Company had earlier allotted 354384 shares, the Committee of Directors at its meeting held on October 22 2007 allotted the balance 31116 equity shares of Rs.10/- each at

Helios And Matheson Information Technology Limited has informed the Exchange that "In accordance with the Offering Circular dated July 7, 2006 for issue of US$ 20 million with an over allotment option of upto USD 5 million 2.00 per cent Foreign Currency Convertible Bonds due 2011 (FCCBs), the Company has received conversion notice in respect of 10 Bonds aggregating to US$ 1,000,000 from the bond holder. The Committee of Directors of the Company at its meeting held on October 5, 2007 has allotted 354384 equity shares of Rs.10/- each, on conversion of 10 Bonds, Consequent upon the allotment, the

Helios And Matheson Information Technology Limited had informed the Exchange regarding the decision taken at the Board Meeting held on August 14, 2007 recommending a dividend of 15%. The Company has further informed the Exchange that this dividend is the "final dividend" in addition to the special interim dividend of 20% that was paid out earlier in May 2007.

Helios And Matheson Information Technology Limited has informed the Exchange that the Board of Directors of the Company have fixed September 03, 2007 to September 26, 2007 (both days inclusive) as the dates during which the Register of Members and the Share Transfer Books will remain closed for the purpose of dividend and the Annual General Meeting scheduled to be held on September 26, 2007 for the year 2006-07.

Helios And Matheson Information Technology Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on August 14, 2007 have recommended Dividend of 15% (tax free).

Helios And Matheson Information Technology Limited has informed the Exchange that "In accordance with the Offering Circular dated July 7, 2006 for issue of US$ 20 million with an over allotment option of upto USD 5 million 2.00 per cent Foreign Currency Convertible Bonds due 2011 (FCCBs), the Company has received conversion notice in respect of 20 Bonds aggregating to US$ 2,000,000 from the bond holder. The Committee of Directors of the Company at its meeting held on August 04, 2007 has allotted 760200 equity shares of Rs.10/- each, on conversion of 20 Bonds, Consequent upon the allotment, the

Helios And Matheson Information Technology Limited has informed the Exchange regarding a press release dated July 30, 2007, titled "Helios & Matheson Income up 19%". A copy 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/Corporate Announcements).<a href=/content/corporate/Helios_PR_30072007.zip target=NEW> For more details click here.</a>

Helios And Matheson Information Technology Limited has informed the Exchange that "In accordance with the Offering Circular dated July 7, 2006 for issue of US$ 20 million with an over allotment option of upto USD 5 million 2.00 per cent Foreign Currency Convertible Bonds due 2011 (FCCBs), the Company has received conversion notice in respect of 10 Bonds aggregating to US$ 1,000,000 from the bond holder. The Committee of Directors of the Company at its meeting held on July 16, 2007 has allotted 380,748 equity shares of Rs.10/- each, on conversion of 10 Bonds, Consequent upon the allotment, the

Helios And Matheson Information Technology Limited has informed the Exchange regarding the information in respect of Company's US subsidiary Helios and Matherson North America Inc. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/HeliosMathesan_Sub_07062007.zip target=NEW> For more details click here.</a>

Helios And Matheson Information Technology Limited has informed the Exchange regarding a press release dated April 30, 2007, titled "Helios & Matheson board approves 20% interim dividend; Net Profit up 58%; Revenue growth 79% yoy". A copy 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/Corporate Announcements).<a href=/content/corporate/Helios_PR.zip target=NEW> For more details click here.</a>

Helios And Matheson Information Technology Limited has informed the Exchange that the Board, at its meeting held on April 30, 2007, has recommended a payment of an interim dividend as special dividend of 20% on the paid up share capital on the occasion of 15th anniversary. The Board has also fixed May 07, 2007 as record date.

News Verification : The media had reports that Helios And Matheson Information Technology Limited may acquire a company in Europe and the US. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Helios And Matheson Information Technology Limited has vide its letter inter-alia stated,"In the said media report, the Company official has expressed the intent to look at a deal in the range of USD 50 to 100 million in Europe/

Helios And Matheson Information Technology Limited has informed the Exchange regarding a press release, dated February 13, 2007, titled "TACT Inc. changes name to Helios & Matheson North America 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/Corporate Announcements).<a href=/content/corporate/Helios_PR_12022007.zip target=NEW> For more details click here.</a>

Helios And Matheson Information Technology Limited has informed the Exchange that: "The name of our US subsidiary The A consulting Team Inc., USA, has been changed to Helios & Matheson North America Inc. Accordingly the trading symbol of that company's common stock "TACX" will change to "HMNA".

Helios And Matheson Information Technology Limited has informed the Exchange regarding issue of 2% Unsecured Foreign Currency Convertible Bonds due 2011 for US $ 25 million. The conversion price of each bond has been set at Rs 140.08 as at December 31,2006.

Helios And Matheson Information Technology Limited has informed the Exchange regarding a press release dated October 25,2006, titled "Helios & Matheson Q2 income up 80%; Cash position at Rs. 142 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/Corporate Announcements).<a href=/content/corporate/Helios_261006.zip target=NEW> For more details click here.</a>

Helios And Matheson Information Technology Limited had informed the Exchange regarding issue of 2% unsecured foreign currency convertible bonds due 2011 for US $ 25 million. The Company has now informed the exchange that pursuant to clause 6.4 of the offer circular, the conversion price of each bond has been set at Rs.161.77 effective 90 days from the date of issue.

Helios And Matheson Information Technology Limited had informed the Exchange about successful closing of the subscription for 2% Foreign Currency Convertible Bonds (FCCBs) of USD 20 million out of the total issue size of USD 25 million (including a green-shoe option of $ 5 million). The Company has now informed the Exchange that the Lead Manager has exercised the green-shoe option for USD 5 million in the international market at a further premium of $ 3841.50 per bond and the Company has allotted the same.

Helios And Matheson Information Technology Limited has informed the Exchange that the decks have now been cleared for arbitration proceedings in the share purchase transaction with vMoksha. This follows an undertakings given to the Madras High Court by all the parties concerned to participate and co-operate in the expeditious disposal of arbitration proceedings and to furnish their local Indian addresses for service of notices in order to avoid delays in arbitration proceedings. A two-member bench of the Madras High Court comprising Hon'ble Chief Justice Mr. A. P. Shah and Hon'able Justice Mr.

As part of the arbitration proceedings, Helios & Matheson has filed a claim petition before the Arbitral Tribunal. The reliefs claimed are inter alia as follows : Specific performance of the provisions of the Share Purchase Agreement by the sellers and delivery to Helios & Matheson of duly transferred share certificates and related documents. To ascertain the present valuation of vMoksha and issue directions to Helios & Matheson to allot redeemable preference shares to the Sellers - vMoksha Technologies Ltd., Mauritius, Mr. Tapan Garg and Mrs. Madhuri Garg on the basis of such ascertained val

Helios And Matheson Information Technology Limited has informed the Exchange that the Board at its meeting held on August 25,2006 recommended 15% (tax free) Dividend.

Helios And Matheson Information Technology Limited has informed the Exchange that the Register and Share Transfer Books of the Company will be closed from September 22,2006 to September 28,2006 (both days inclusive) for the purpose of dividend and AGM to be held on September 28,2006.

News Verification : The media had reports that Helios And Matheson Information Technology Limited may issue bonus shares. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Helios And Matheson Information Technology Limited has vide its letter inter-alia stated, "The Board of Directors is meeting today to consider and adapt the audited accounts for March 2006. Bonus, prima facie, as such, is not on the agenda. We shal

Helios And Matheson Information Technology Limited has informed the Exchange that the Annual Shareholders Meeting (ASM) of the Company's US Company, The A Consulting Team Inc. was held on August 22, 2006, New York, New York 10103 inter alia, the following resolution were passed unanimously approving the following:- (1) Election of five nominee of Helios & Matheson to the Board of Directors : Shri S. Jambunathan, Shri. Shankar N Ram, Kishan Anantharaman, Daniel L. Thomas and Ms. Divya Ramachandran, are directors on the board. With this, the strength of the Board has gone up to 9 members. The fi

Helios And Matheson Information Technology Limited has informed the Exchange with reference to the order passed by the Division Bench of the Hon'ble High Court, Madras in O.S.A nos. 150 (Mr. Pawan Kumar, Promoter of vMoksha) & 151 (Mr. Rajeev Sawhney, Promoter of vMoksha) of 2006. The matter was heard by the division bench of Madras High Court, consisting of Hon'ble Chief Justice Mr. A.P. Shah and Hon'ble Justice Mr.D. Murugesan. After hearing the parties concerned at some length, the division bench passed the order, which reads inter alia as follows : The parties undertake to participate and

Helios And Matheson Information Technology Limited has informed the Exchange regarding a press release dated July 24,2006, titled "Helios & Matheson net up 71% - Income up 79%; Operating margin up 54%". 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/Corporate Announcements).

Helios And Matheson Information Technology Limited has informed the Exchange that the Company has successfully closed the subscription for 2% coupon US Dollar denominated Unsecured Foreign Currency Convertible Bonds (FCCBs) aggregating to USD 20 million in the international market and allotted the same. The FCCBs carry a green shoe option for USD 5 million. The bonds, which have a maturity of 5 years, are convertible at a price of Rs.183 per share. The bonds carry 2% coupon with a yield to maturity of 8.50% calculated on semi-annual basis. The FCCBs are expected to be listed on the Luxembourg

Helios And Matheson Information Technology Limited has informed the Exchange regarding the proposal of the Board of Directors to increase the number of Directors from 7 to 9 in the US Subsidiary The TACT Inc., USA. A copy of the press release dated June 15,2006, titled "Helios & Matheson NASDAQ Subsidiary Increases Board of Directors" shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).

Helios And Matheson Information Technology Limited has informed the Exchange that Mr. A. Gopal Rao, one of the Directors of the Company has retired effective June 01, 2006. The Board places on record their sincere appreciation for his services and wishes him a happy retirement. We are pleased to inform you that Mr. Rao would continue to be associated with the Company in an advisory capacity.

Helios And Matheson Information Technology Limited has informed the Exchange that Mr.Gopal Rao Addanki, Director, has sold shares of the Company as follows: (i) 2000 shares on May 08, 2006; (ii) 500 shares on May 09, 2006; (iii) 216 shares on May 17, 2006;(iv) 808 shares on May 18, 2006 and (v) 3000 shares on May 19, 2006. The shareholding of Mr. Gopal Rao Addanki after the said sale is 393,956 shares aggregating to 1.969% of the total share capital of Helios And Matheson Information Technology Limited.

Helios And Matheson Information Technology Limited has informed the Exchange regarding a press release issued by the company dated April 24, 2006, titled, "Helios & Matheson net profit up 105%; Revenue growth 81% ; operating margin up by 71%.' 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).

Helios And Matheson Information Technology Limited has informed the Exchange that the Company has been informed by its Counsel that His Lordship, the Hon�ble Justice Shri S Rajeswaran, sitting in the 28th Court in the High Court of Judicature at Madras has been pleased to pass final orders against Mr. Rajeev Sawhney and Mr. Pawan Kumar. These orders were passed in the High Court of Judicature at Madras on April 19, 2006 in O.A. No 122 and Application No 723 of 2006.

Helios And Matheson Information Technology Limited has informed the Exchange that Helios & Matheson has acquired 43% controlling stake in The A Consulting Team Inc., NY, USA for US$ 8.75 million. The details of the acquisition shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Helios And Matheson Information Technology Limited has informed the Exchange that since the sellers have not nominated an Arbitrator as required under the Share Purchase Agreement dated May 11, 2005, the company has presented a petition before the Hon'ble Chief Justice, High Court Madras under section 11(6) of the Arbitration and Conciliation Act, 1996 for appointment of Arbitrator.

With reference to the previous announcement dated February 20, 2006, Helios & Matheson Information Technology Ltd has submitted on February 24, 2006 to the Exchange, the copy of Order of the Hon'ble High Court of Madras (Application No: OA 122 to 2006 and A No 723 of 2006).

Helios And Matheson Information Technology Limited has informed the Exchange on February 20, 2006 as follows: "We understand from our counsel that the Hon'ble Justice S. Rajeshwaran was pleased to pass an order of interim injunction restraining Mr. Pawan Kumar from carrying on any business or taking up any new employment or continuing in any other employment. The Hon'ble Justice was also pleased to pass an order restraining Mr. Rajeev Sawhney, his associates and nominees from functioning as the Chairman and / or Chief Executive Officer or from altering the managerial structure and functioning

Helios And Matheson Information Technology Limited has vide its letter dated February 16, 2006, provided certain clarification. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Helios And Matheson Information Technology Limited has informed the Exchange that Helios & Matheson has initiated arbitration proceedings and has appointed its arbitrator viz Hon. Justice Shri N.V. Balasubramanian, Retd Judge, High Court, Madras on February 10, 2006. This is in response to certain information received from Escrow Agents, Price waterhouseCoopers Private Ltd. and Khaitan & Co., to the Share Purchase Agreement, which the Company had entered into with the Sellers, vMoksha Mauritius, on May 11, 2005 for 100% acquisition of the 3 vMoksha entities in India, Singapore and USA. The Com

Helios And Matheson Information Technology Limited has informed the Exchange regarding a press release issued by the company dated January 19, 2006, titled, "Helios & Matheson net profit jump 89%; Income up 73%, Operating Profit 62% YoY.' 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).

Helios And Matheson Information Technology Limited has informed the Exchange regarding a press release issued by the company dated October 20, 2005, titled, "Helios & Matheson net profit up 100% - Posts Rs.9.06 crore net profit this quarter.' 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).

Helios And Matheson Information Technology Limited has submitted to the Exchange a copy of the Chairperson's speech as laid before the AGM of the Company held on September 28, 2005. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).

Helios And Matheson Information Technology Limited has informed the Exchange that the shareholders of the company, at their AGM held on September 28, 2005, have unanimously approved the issuance of bonus shares in the ratio of one equity share for every one equity share held by them (1:1) and have fixed October 29, 2005 as the Record Date for this purpose.

Helios And Matheson Information Technology Limited has informed the Exchange regarding a Press Release dated September 28, 2005, titled "Helios & Matheson earmarks Rs.75 crore for expansion in Tamil Nadu; Plans expansion in Tier II cities like Coimbatore". 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).

Helios And Matheson Information Technology Limited has informed the Exchange regarding a Press Release dated September 20, 2005, titled "Helios & Matheson shareholders to approve 1:1 bonus". 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).

Helios And Matheson Information Technology Limited has informed the Exchange that Mr. A. Gopal Rao, Director, has sold shares of the Company as follows: (i) 8000 shares on August 16, 2005; (ii) 9000 shares on August 17, 2005; (iii) 7000 shares on August 18, 2005; and (iv) 6000 shares on August 19, 2005. The shareholding of Mr. A. Gopal Rao after the said sale is 200,240 shares aggregating to 2.00% of the share capital of Helios And Matheson Information Technology Limited.

Helios And Matheson Information Technology Limited has informed the Exchange that Mr. A. Gopal Rao, Director of the Company has sold 19000 shares of Helios And Matheson Information Technology Limited on August 12, 2005. The mode of sale is through Market Sale and the shareholding of Mr. A. Gopal Rao after the said sale is 230240 shares aggregating to 2.30% of the total share capital of the Company.

Helios And Matheson Information Technology Limited has submitted to the Exchange a copy of Minutes of EGM of the members of the Company held on July 20, 2005. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/CorporateAnnouncements).