INFODRIVE

Info-Drive Software Limited has informed the Exchange that the Company has received an intimation from Mr. V.N. Seshagiri Rao stating that he wants to relinquish from the status of Promoter and will not be able to continue as a Promoter with effect from 18th November 2011. The Company has further informed that, due to the relinquishment of Mr. V.N. Seshagiri Rao, the Promoter Group shareholding stands reduced from 11.31% to 11.06% of the total paid up share capital of the Company. (Source MSE)

Info-Drive Software Limited has submitted to the Exchange the Disclosure under Regulation 13(2) and 13(2A) of the SEBI (Prohibition of Insider Trading) Regulations, 1992, regarding the purchase of 3975 Equity shares of the Company by Ms. Anitha Chandrasekaran, spouse of Mr. K. Chandarsekaran, Director and person belonging to the Promoters. (Source MSE)

Info-Drive Software Limited has informed the Exchange that the Board, at its meeting held on 14th November 2011, decided that Mr. K. Chandrasekaran will be appointed as Managing Director from next financial year and the process of appointment may be taken up at a forthcoming board meeting and hence, the postal ballot was deferred for the time being. (Source MSE)

Info-Drive Software Limited has submitted to the Exchange a copy of outcome of the 23rd Annual General Meeting of the Company held on 30th September, 2011. (Source MSE)

Info-Drive Software Limited has submitted to the Exchange a copy of the Proceeding of 23rd Annual General Meeting of the Company held on 30th September 2011. (Source MSE)

Info-Drive Software Limited has informed the Exchange that, among others, the following decisions were taken at the Board meeting of the Company held on 12th August 2011: (1) The Board has not recommended any dividend for the financial year ended 31st March 2011 (2) The Register of Members and Share Transfer Register of the Company shall remain closed from 14th September 2011 to 30th September 2011 (Both days inclusive) (3) To convene the 23rd Annual General Meeting of the Company on 30th September 2011 (4) The Directors have recommended for passing resolution for re-appointment of Mr. K.

Info-Drive Software Limited has informed the Exchange the details of inter-se transfer of 85,000 Equity shares of the Company, among Promoters / Promoter Group through off market. The Company has also submitted the Disclosure required under Regulation 7(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and the Disclosures in terms of Regulation 13(4) and (6) of SEBI (Prohibition of Insider Trading) Regulations, 1992. (Source MSE)

Info-Drive Software Limited has informed the Exchange that, due to company's overseas business verticals gaining momentum, Mr. K. Chandrasekaran, Managing Director & Chief Executive Officer, would be required to spend more of his time to look after such overseas verticals and therefore he wish to resign his position as Managing Director of the Company as of 21st July 2011. The Company has further informed that, however, he will continue to be on the Board as a Director & Chief Executive Officer. (Source MSE)

Info-Drive Software Limited has informed the Exchange, vide Notes to Accounts in the Un-audited Consolidated Financial Results, as follows: "The consolidated results for the quarter ended 31st March 2011 does not inlcude subsidiary accounts of Technoprism LLC., USA, Info-Drive Software Ltd., Canada and Info-Drive Software Pte Ltd., S'Pore'. (Source MSE)

Info-Drive Software Limited has informed the Exchange that the Board of Directors of the Company, at their meeting held on 13th May 2011, have approved and adopted the Un-audited Financial Results [both Stand-Alone and Consolidated] of the Company for the quarter ended 31st March 2011. (Source MSE)

EH Building Consultancy Pvt. Ltd, Promoter / Person Acting in Concert (PAC) of Info-Drive Software Ltd., has informed the Exchange that they have sold / transferred 25,000 Equity Shares to Mr. Chakrikka S.R, at the prevailing market price of Rs. 18/- per Equity share as on 12th April, 2011 and consequent to this sale, the holding of EH Building Consultancy Private Limited has reduced from 2.14% to 2.08% of the total paid up share capital of the Company. (Source MSE)

Mr. K.Sivakumar, Joint Managing Director of Info-Drive Software Ltd., has informed the Exchange the details of sale of 2,00,000 of Equity Shares of Rs. 10/- each of the Company to Mr. P.Shreenivas Reddy, in terms of Regulation 13 (4) of the SEBI ( Prohibition of Insider Trading) Regulations 1992. (Source MSE)

Info-Drive Software Limited has informed the Exchange, the details of sale of 2,00,000 Equity Shares of the Company by Mr. K.Shivakumar, Promoter and Joint Managing Director of the Company, to Mr. P. Shreenivas Reddy, in terms of Regulation 13(6) of SEBI (Prohibition of Insider Trading) Regulations 1992. (Source MSE)

Info-Drive Software Limited has informed the Exchange that M/s. EH Building Consultancy Private Limited, Promoter/Person Acting in Concert of the Company has sold /transferred 1,25,000 Equity Shares of Rs. 10 each to Ms. S.Shrelakshme, a Person Acting in Concert, at the prevailing market price of Rs. 17.30/- per Equity Share as on 01-04- 2011. Consequent to this sale of equity shares, the Promoter & Promoter Group holding has been increased from 12.08% to 12.65% of the total Paid up share capital of the Company. (Source MSE)

Info-Drive Software Limited has informed the Exchange, the details of sale of 1,25,000 Equity shares of the Company by M/s. EH Building Consultancy Pvt. Ltd., Chennai, in terms of Regulation 13(3) and 13(6) of SEBI (Prohibition of Insider Trading) Regulations 1992. (Source MSE)

Info-Drive Software Limited has informed the Exchange that Ms. S. Shrelakshme, a shareholder holding 2,54,648 Equity Shares of the Company, informed the Company that she should be considered as a Person Acting in Concert (PAC) with effect from 1st April 2001 and the Company has accepted the proposal and declared her as a Person Acting in Concert. (Source MSE)

Info-Drive Software Limited has informed the Exchange the details of acquisition of 18,925 Equity shares of the Company by Mr. K. Chandrasekaran, in terms of Regulation 7of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. Attachment follows (Source MSE)

Info-Drive Software Limited has submitted to the Exchange the Disclosure, in terms of SEBI (Prohibition of Insider Trading) Regulations, 1992, in respect of acquisition of 18,925 Equity shares of the Company by Mr. K.Chandrasekaran. Attachment follows (Source MSE)

Info-Drive Software Limited has informed the Exchange the details of acquisition of 7478 Equity Shares of the Company by Mr. K.Chandrasekaran, Managing Director, in terms of SEBI (prohibition of Insider Trading) Regulations, 1992. Attachment follows (Source MSE)

Info-Drive Software Limited has submitted to the Exchange copies of Disclosures pertaining to acquisition of 7478 Equity shares of the Company by Mr. K. Chandrasekaran, in terms of Regulation 7 of SEBI (Substantial Acquisition of Share and Takeovers) Regulations, 1997. Attachment follows (Source MSE)

Info-Drive Software Limited has informed the Exchange the details of acquisition of 5341 Equity shares of the Company by Mr. K. Chandrasekaran, promoter, in terms of Regulation 7(1) / 7(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. Attachment follows (Source MSE)

Info-Drive Software Limited has informed the Exchange the details of acquisition of 5,341 Equity shares of the Company by Mr. K. Chandrasekaran, in terms of SEBI (Prohibition of Insider Trading) Regulations, 1992. Attachment follows (Source MSE)

Info-Drive Software Limited has informed the Exchange regarding acquisition of Subsidiary as follows: " Info-Drive, as part of its expansion plan, has invested in the Equity shares of M/s. Pacific First Sixth Ltd., a body corproate incorporated in the Republic of Mauritius, thereby making it a subsidiary company. The acquisition will be the gateway to channelise investments in a diversified portfolio of Information Technology and BPO services with a good geographic and segmented spread. This is in line with Info-Drive's strategy of expansion through inorganic growth in different geographies /

Info-Drive Software Limited has informed the Exchange, the details of change in shareholding of Director, in terms of SEBI (Prohibition of Insider Trading) Regulations, 1992. Attachment follows. (Source MSE)

Info-Drive Software Limited has informed the Exchange that the QIP Committee Meeting of the Board of Directors of the Company was held on 11th November 2010 and approved the allotment of 15,851,330 Equity shares at Rs.25/- each (Face Value Rs.10/- and Premium Rs.15/-) to the Qualified Institutional Buyers (Source MSE)

Info-Drive Software Limited has informed the Exchange that the Company divested its holding of 1,24,900 shares in M/s. Precision Informatic (M) Pvt. Ltd, The Company has also submitted a note on the above disinvestment and the Business Plan of the Company. Attachment follows. (Source MSE)

Info-Drive Software Limited has sumbitted to the Exchange a copy of disclosure in terms of Regulations 7(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 for the acquisition of 1,750,000 Equity Shares by Aquarius Investment Advisor PTE Ltd, 4,000,000 Equity Shares by The Indiaman Fund (Mauritius) Ltd, 2,719,330 Equity Shares by Credo India Thematic Fund Ltd, 2,982,000 Equity Shares by Sparrow India Diversified Opportunities Fund - I and 4,400,000 Equity Shares by India Max Investment Fund Ltd. Attachment follows. (Source MSE)

Info-Drive Software Limited has submitted to the Exchange copies of discloures for the acquisition of 2,719,330 Equity Shares by Credo India Thematic Fund Ltd, 2,982,000 Equity Shares by Sparrow India Diversified Opportunities Fund, 4,000,000 Equity shares by The Indiaman Fund (Mauritius) Ltd and 4,400,000 Equity Shares by India Max Investment Fund Ltd, in terms of SEBI (Prohibition of Insider Trading) Regulations, 1992. (Source MSE)

Info-Drive Software Limited has informed the Exchange, regarding Un-audited Financial Results (Consolidated) for 30-SEP-2010 as follows: (1) The consolidated results for 30-SEP-2010 does not include subsidiary accounts of Precision Infomatic (Madras) Pvt. Ltd., Technoprism LLC, USA, Info-Drive Software Ltd., Canada and Info-Drive Software Pte Ltd., S'Pore. (2) In case of M/s. Info-Drive Systems Sdn Bhd., Kuala Lumur, Malaysia, Info-Drive Software Inc., USA and Info-Drive Software LLC, Dubai, the figures as certitifed by the management have been taken for consolidation. (Source MSE)

Info-Drive Software Limited has informed the Exchange that the QIP Committee meeting of the Board of Directors of the Company, at its meeting held on 6th November 2010 has approved the following: (1) Fixed the QIP issue size at Rs.39,62,83,000/- consisting of 15,851,330 Equity shares of Rs.25/- each and the Final Issue price as Rs.25/- (Face Value: Rs.10/- and Premium: Rs.15/-); (2) Allocation of Equity shares to the QIB's pending allotment; and (3) Adopted the Final Placement of Document as of date. (Source MSE)

Info-Drive Software Limited has informed the Exchange that at the meeting of QIP Issue Committee held on 4th November 2010, it was decided to close the issue of Equity shares to Qualified Institutional Buyers (QIB's) under the QIP issue at the close of banking hours on 4th November 2010 and the amount collected by way of application money is Rs.41,90,33,000/- (Source MSE)

Info-Drive Software Limited has submitted to the Exchange the Proceedings of the 22nd Annual General Meeting of the Company held on 30th September 2010. (Source MSE)

Info-Drive Software Limited has informed the Exchange that in view of the request received from various investors to make an investment in the ongoing QIP issue of the Company, the Committee appointed by the board for QIP has on 22nd October 2010, after considering the request from such qualified investors decided to extend the closing date from 25-10-2010 to 04-11-2010. (Source MSE)

Info-Drive Software Limited has submitted the outcome of the Board Meeting held on 04.10.2010. (Source MSE)

Info-Drive Software Limited has submitted to the Exchange outcome of 22nd Annual General Meeting of the Company held on 30th September 2010. (Source MSE)

Info-Drive Software Limited has informed the Exchange that one the Promoter of the Company, M/s. Bhari Information Technology Systems Pvt. Ltd., have transferred on 31st August 2010 a total of 8,91,700 Equity shares (3.0497) of their holdings to two of the Persons Acting in Concerts as follows: (i) 6,41,700 Equity shares (2.19%) to M/s. EH Building Consultancy Pvt. Ltd. and (ii) 2,50,000 Equity shares (0.85)% to Mr. N.T. Shivkumar. (Source MSE)

Info-Drive Software Limited has informed the Exchange the outcome of Board Meeting of the Company held on 27th August 2010 (Source MSE)

Info-Drive Software Limited has submitted to the Exchange a copy of the Proceedings of the Extra-Ordinary General Meeting of the shareholders of the Company held on 10th August 2010. (Source MSE)

Info-Drive Software Limited has informed the Exchange that the Board of Directors at the meeting held on 27th August 2010 have recommended a Dividend of 5% (Re. 0.50 paise per share) on the Equity shares. The Company has further informed that the Board of Directors decided to have the Book Closure from 14th September 2010 to 30th September 2010 (both days inclusive) for the purpose of payment of dividend and in view of the Annual General Meeting to be held on 30th September 2010. (Source MSE)

Info-Drive Software Limited has informed the Exchange, regarding the outcome of the Extra-ordinarly General Meeting of the Company held on 10th August 2010. (Source MSE)

Info-Drive Software Limited has submitted to the Exchange a copy of the Notice of Extra-ordinary General Meeting of the members of the Company to be held on 10th August 2010 at Chennai. Attachment follows: (Source MSE)

Info-Drive Software Limited has informed the Exchange that, the Board of Directors of the Company at the meeting held on 6th July 2010, have considered and decided upon the following: (1) Approval of the draft Placement document for the proposed QIP and (2) Convening of EGM during 2nd week of August 2010 and (3) Convening a Board Meeting to fix the relevant date for the purpose of fixing the issue price. (Source MSE)

Info-Drive Software Limited has informed the Exchange that two of their Promoters, Mr.V.N. Seshagiri Rao and Mr. K. Chandrasekaran [Person Acting in Concert] have purchased 1000 Equity shares and 8000 Equity shares respectively from the market on 18th May 2010. (Source MSE)

Info-Drive Software Limited has informed the Exchange that the Company, under a Non-Disclosure Agreement, is in discussions for acquiring a majority controlling stake in a leading provider of IT infrastructure solutions. (Source MSE)

Info-Drive Software Limited has informed the Exchange as follows: "Precision Infomatic (Madras) Pvt. Ltd., a Company in which we hold 51% equity, have informed us that they have taken a decision to roll back our holding from 51% to 24%. The meeting had been convened by them without adequate notice and also full of legal lacunae. We have issued a rebuttal to their action and intend taking appropriate legal steps against them. We opine that we find we still hold 51% of the said paid-up capital". (Source MSE)

Info-Drive Software Limited has informed the Exchange that the Company is entering into the S A S and Risk Management Practices. These practises are advanced and analytical practices in the areas of operational risks, anti-money laundering, fraud analytics and customized fraud solutions. (Source MSE)

Info-Drive Software Limited has submitted to the Exchange a copy of the Proceedings of the Extra-Ordinary General Meeting of the Company held on 1st February 2010 at Chennai. 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). (Source MSE)<a href=/content/corporate/InfoDrive_EGMProceedings_12032010.zip target=NEW> For more details click here.</a>

Info-Drive Software Limited has informed the Exchange that M/s. Bhari Information Technology Systems Pvt. Ltd., a promoter of the company, has transferred 25,000 Equity shares of the Company, out of their holding of 9,16,700 Equity shares, to Mr. S.K. Vidyasagar and Mrs. Anupama Ananthasairam [Persons Acting in Concert] on 12-Feb-2010. (Source MSE)

Info-Drive Software Limited had informed the Exchange that Mr. S.K. Vidyasagar and Mrs. Anupama Sairam have acquired 500 Equity shares of the Company on January 27,2010. The Company has now informed that the above are PACs and part of M/s. E.H. Building Consultancy Pvt. Ltd. (Source MSE)

Info-Drive Software Limited has informed the Exchange that, at the Extra-Ordinary General Meeting of the Company held on February 1,2010, the General Body adopted the following resolutions: (1) Increase the Authorised Capital from 6,00,00,000 Equity Shares of Rs.10/- each aggregating to Rs. 60 Crores to 7,00,00,000 Equity Shares of Rs.10/- each, aggegating to Rs. 70 Crores; (2) Alter the Articles of Associaion of the Company; (3) Raise upto USD 20 Million, or its equivalent in Indian Rupees, in one or more tranches by issuing Equity shares / Convertible Debentures / Convertible Warrants / Con