Melstar Information Technologies Limited

Melstar Information Technologies Ltd. has submitted to the Exchange a copy of the Outcome of the Annual General Meeting held on September 26, 2007. 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/MelstarInfo_OutcomeAGM.zip target=NEW> For more details click here.</a>

Melstar Information Technologies Ltd. has informed the Exchange that: "Mr. Vijay Kumar Modi has joined the Company as Company Secretary and Compliance Officer with effect from 20.9.2007 ".

Melstar Information Technologies Ltd. has informed the Exchange that: "The Company has received a letter on 11.09.2007 from Techtrek Technologies (India) Limited, a shareholder of the Company proposing names of three nominees for appointment as directors of the Company by the Members at the forthcoming Annual General Meeting to be held on 26.9.2007 and also resolutions for removal of three exiting directors of the Company. Techtrek technologies (India) Limited holds 45,000 shares aggregating 0.32% of the paid-up capital of the Company". A copy of the AGM notice and a notice (Annexure-2) which

Melstar Information Technologies Ltd. has informed the Exchange that the auditor's have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2007. 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).<a href=/content/corporate/MelstarInformationTechLtd_LR_30062007.zip target=NEW> For more details click here.</a>

Melstar Information Technologies Ltd. has informed the Exchange that the Board of Directors of the Company met on July 30, 2007 and transacted inter-alia the following business: 1) The Board decided to hold the forthcoming Annual General Meeting of the Company on September 26, 2007 and fixed the dates for Book Closure for the AGM purpose from September 24, 2007 to September 26, 2007 (both days inclusive). 2) The Board approved resignation of Mr. Darius Pandole (Independent Non-executive Director) from the Board with immediate effect (i.e. July 30, 2007). Further, the Company has informed the E

Melstar Information Technologies Ltd. had submitted to the Exchange the Unaudited Financial Results (UFR) of the Company and Consolidated Statements of Accounts of the Group for the year ended on March 31, 2007 and the UFR was also published in the newspapers. Further the Company has submitted to the Exchange the details explaining the reasons for the variations between the unaudited and audited results for the year ended on 31.03.2007. 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

Melstar Information Technologies Ltd. has informed the Exchange that: "The Company has received an intimation from Mr. Suresh Bansal, a Promoter Non-executive Director of the Company that he proposes to sell 300,000 shares of the Company, which amounts to 2.10% of the paid up capital of the Company. He, together with his family, holds 821,213 shares (5.75% of the capital) in the Company at present".

Melstar Information Technologies Ltd. has submitted to the Exchange a copy of the Minutes of the Annual General Meeting of the Company held on December 20,2006. 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/melstar_AGM_190107.zip target=NEW> For more details click here.</a>

Melstar Information Technologies Ltd. has informed the Exchange that "The following items as contained in the printed Notice dated 31.10.2006 convening the meeting were transacted and approved unanimously all the Resolutions, by the Shareholders present in person or through proxies: (1) Adoption of Annual Audited Accounts for the year ended on 31.3.2006. (2) Re-appointment of Mr.A.C. Gale as a director liable to retire by rotation. (3) Re-appointment of Mr.Darius Pandole as a director liable to retire by rotation. (4) Re-appointment of Mr.Suresh Bansal as director liable to retire by rotation.

Melstar Information Technologies Ltd. has informed the Exchange that the Board at its meeting held on October 31,2006, approved appointment of Intime Spectrum Registry Limited as Registrars and Share Transfer Agents of the Company in the place of MCS Limited with immediate effect. RTA will be a Common Agency for handling the share registry work - both physical and demat. The address and other contact details of Intime are given hereunder : Address - Intime Spectrum Registry Limited C-13, Pannalal silk Mills Compound, L.B.S. Marg, Bhandup (west). Mumbai 400 078; Tel no. - 2596 3838; Fax no. - 2

Melstar Information Technologies Ltd. has informed the Exchange that the Board at its meeting held on October 31,2006, decided to hold the forthcoming AGM of the Company on December 20,2006 and fixed the dates for Book Closure for this purpose from December 18,2006 to December 20,2006 (both days inclusive).

Melstar Information Technologies Ltd. has submitted : 1) Explanation on variation between the published results and audited results and 2) Management response on Auditors qualifications on Consolidated Accounts. 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/Melstar_PR_01112006.zip target=NEW> For more details click here.</a>

Melstar Information Technologies Ltd. has informed the Exchange that the Company during the financial year ended March 31,2006 had initiated amalgamation of Melstar Fashions Private Limited with the Company in terms of a Scheme of Arrangement approved by the Exchange. The Appointed date for the Scheme was April 01,2005. The company has already informed the Exchange that the Hon'ble High Court, Bombay has sanctioned the Scheme of Arrangement of Melstar Fashions Private Limited with the Company on September 15,2006. The company has further informed the Exchange that in view of expected delay in

Melstar Information Technologies Ltd. has informed the Exchange that the Hon'ble High Court of the Judicature at Bombay has sanctioned the Scheme of Arrangement of Melstar Fashions Private Limited with Melstar Information Technologies Limited on September 15,2006. The Scheme will become effective upon the filing of the certified copies of the orders of both the Companies with the Registrar of Companies, Mumbai. The appointed date of the Scheme is April 01,2005.

Melstar Information Technologies Ltd. has informed the Exchange that the auditor's have conducted the limited review of the unaudited financial results for the quarter ended June 30, 2006. 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).

Melstar Information Technologies Ltd. has submitted to the Exchange a copy of the Minutes of the EGM of the Company held on July 27,2006. 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).

Melstar Information Technologies Ltd. has informed the Exchange that in accordance with the directions of the Hon'ble High Court of Bombay in Company Application No. 681 of 2006, meeting of equity shareholders was convened and held on July 27, 2006 and the equity shareholders have approved the Scheme of Arrangement of Melstar Fashions Private Limited with Melstar Information Technology Limited with requisite majority.

Melstar Information Technologies Ltd. has informed the Exchange that Extra-ordinary General Meeting of the Shareholders of the Company was held on July 27, 2006. Following resolutions were transacted and approved - 1. Re-classification of Authorized Share Capital - Alteration of Memorandum and Articles of Association accordingly - passed unanimously as a special resolution. 2. Utilization of Securities Premium Account - passed as a Special Resolution with requisite majority.

Melstar Information Technologies Ltd. has informed the Exchange that the auditor's have conducted the limited review of the un-audited financial results for the quarter ended March 31, 2006. 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).

Melstar Information Technologies Ltd. has informed the Exchange that by an Order made on June 23, 2006, the High Court of Judicature at Bombay has directed that a meeting of the Equity Shareholders of Melstar Information Technologies Limited, the Applicant Company, be convened and held on July 27, 2006, for the purpose of considering and if thought fit, to approve, with or without modification(s), the arrangements embodied in the Scheme of Arrangement ("the Scheme") of Melstar Fashions Private Limited ("MFPL" or "the Transferor Company") with Melstar Information Techologies Limited ("MITL") or

Melstar Information Technologies Ltd. has informed the Exchange that the Registrars and Share Transfer Agents of the Company, vide their letter dated April 29, 2006 that they have shifted their office from MIDC, Andheri East, Mumbai to the following premises: MCS Limited, "Harmony", Plot No. 6, Sector - 1, Khanda Colony, New Panvel (West) - 410 206. Tel: 2749 2003 - 10. Fax: 2749 2005.

Melstar Information Technologies Ltd. has informed the Exchange that the Board of Directors of the Company at their meeting held on March 28, 2006 considered and approved the Scheme of Arrangement of Melstar Fashions Private Limited with the Company and their respective Shareholders (the 'Scheme'). Melstar Fashions Private Limited owns the Trademark "MELSTAR", which is being used the Company currently under a right to use agreement without any consideration. The Scheme will achieve transfer of the Trademark to the Company. The Scheme of Arrangement envisages the following: . 1) Amalgamation o

Melstar Information Technologies Ltd. has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the quarter and nine months ended December 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).

Melstar Information Technologies Ltd. has submitted to the Exchange a copy of the Minutes of the AGM of the Company held on December 19, 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/Corporate Announcements).

Melstar Information Technologies Ltd. has informed the Exchange that the AGM of the Company was held on December 19, 2005. Mr.S.M. Arora was elected as the Chairman for the meeting. The business contained in the Notice convening the meeting was transacted and approved by majority of the Shareholders present in person or through proxies and has been cleared through polling process (which was demanded by two members on seven out of eight resolutions and voted against those). The resolution at Serial No.6 in the Notice authorizing the Board to appoint Branch Auditors in consultation with the Stat

Melstar Information Technologies Ltd. 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 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).

Melstar Information Technologies Ltd. has informed the Exchange that the BODs of the Company at its meeting held on October 28, 2005 decided to hold the forthcoming AGM of the Company on December 19, 2005 and fixed the dates for Book Closure for this purpose from December 16, 2005 to December 19, 2005 (both days inclusive). Further, Mr. Suresh Bansal, Non-executive Chairman of the Company has resigned from the office of Chairman. His resignation was accepted by the Board at its meeting held on October 28, 2005. However, Mr. Bansal continues to be a Non-Executive Director of the Company.

Melstar Information Technologies Ltd. has submitted to the Exchange the Auditors qualifications / observations along with the management comments in respect of the Annual Audited Financial Statements for the year ended March 31, 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).

Melstar Information Technologies Ltd. has informed the Exchange that Mr. Suresh Bansal,Chairman and Promoter Director of the Company has sold 24,500 shares of Melstar Information Technologies Ltd. on September 05, 2005. The shareholding of Mr. Suresh Bansal after the said sale is 7,55,805 shares aggregating to 5.29% of the share capital of Melstar Information Technologies Ltd.. The company has further informed that after the aforesaid sale Mr.Suresh Bansal,together with his family members,holds 8,55,805 shares(5.99% of capital) in the company.

Melstar Information Technologies Ltd. has informed the Exchange that the Board of Directors met on June 30, 2005 and discussed / considered various items of business listed on the Agenda for the meeting, but regrettably could not consider the Annual / Consolidated Accounts at the meeting held on June 30, 2005, since the audited accounts of three subsidiaries and a Branch of the Company in UK were not received in due time because of the pre-occupation of the local statutory auditors in UK. Consequently, the aforesaid business has had to be postponed to a meeting to be held towards the end of Ju

Melstar Information Technologies Ltd. has informed the Exchange that Mr. Suresh Bansal, Promoter Director and Chairman of the Company has sold 1,50,000 shares of Melstar Information Technologies Ltd. during the period April 25, 2005 to May 02, 2005. The shareholding of Mr. Suresh Bansal after the said sale is 7,80,305 shares aggregating to 5.46% of the share capital of Melstar Information Technologies Ltd..

Melstar Information Technologies Ltd. has informed the Exchange that the company has received an intimation from Mr. Suresh Bansal, Promoter Director and Chairman of the Company that he proposes to sell 1,50,000 shares of the company, which amounts to 1.05% of the paid up capital of the company,through a SEBI Registered Stok Broker in the coming 8 weeks beginning from April 25, 2005. He, together with his family members, holds 10,30,305 shares (7.21% of the capital) in the company at present.

Melstar Information Technologies Ltd. has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the quarter and nine months 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).

Melstar Information Technologies Ltd. has informed the Exchange that Mr. A C Gale, a Non-Executive and Non-resident (foreign national) Director of the Company, has acquired 625,300 shares of Melstar Information Technologies Ltd. The date of acquisition is March 18, 2005 and the mode of acquisition is Off-market transaction. The shareholding of Mr. A C Gale after the said acquisition is 980,271 shares aggregating to 6.87% of the share capital of Melstar Information Technologies Ltd.

Melstar Information Technologies Ltd. has informed the Exchange that Mr.A.C.Gale, a non-executive director of the company and a foreign national, intends to purchase 625,300 shares in his own name from M/s First Option Holdings Limited, a foreign entity. This transaction will be an off-market transaction between a foreign entity and the above referred foreign national and would take place in demat form in 3rd/4th week of March 2005 in one tranch. After the aforesaid transaction, the shareholding of Mr.A.C.Gale will be 6.87%(980,271 shares) of the paid up capital of the company, against his pre

Melstar Information Technologies Ltd. has informed the Exchange that the auditor's have conducted the limited review for the un-audited financial results for the quarter and the half year 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).

Melstar Information Technologies Ltd. has informed the Exchange that with regards to the proposed sale of 177,500 shares by Mr. Suresh Bansal, Promoter Director and Chairman of the Company, in the secondary market through a SEBI registered Stock Broker, the Company have received an intimation from Mr. Suresh Bansal confirming the completion of the said sale. The details of the same are as follows: Suresh Bansal has sold 177500 shares during the period November 18, 2004 to December 10, 2004. The shareholding of Suresh Bansal after the said sale is 950305 shares aggregating 6.65% of the share ca

Melstar Information Technologies Ltd. has informed the Exchange that the company had intimated earlier regarding proposed sale of 1,77,500 shares by Mr. Suresh Bansal, Promoter Director and Chairman of the Company, to a private party. Mr. Bansal subsequently informed the company that the proposed deal with the private party did not materialize and therefore he has decided to sell the aforesaid shares in the secondary market in tranches through a SEBI registered Stock Broker over the next three to six weeks, beginning November 16, 2004.

Melstar Information Technologies Ltd. has informed the Exchange that the company has received intimation from Mr. Suresh Bansal, Promoter Director and Chairman of the Company that he has sold 22,500 shares of the company and further proposes to sell 1,77,500 shares more of the company which is more than 1% of the paid up capital of the company, to private party in the coming week beginning from October 18, 2004. He, together with his family members, holds 12,27,805 shares (8.6% of the capital) in the company at present.

Melstar Information Technologies Ltd. has informed the Exchange that at the AGM held on September 28, 2004, the business as contained in the Notice convening the meeting, was transacted and approved by majority of the Shareholders through polling process (which was demanded by two members on five out of six resolutions and voted against those). The resolution pertaining to reappointment of Mr. Mrugesh Shah, as a director, wa passed unanimously. The poll was conducted and the results are announced as follows : Out of 50,47,609 votes polled, 99.77% votes were cast in favour of all the resolution