PALREDTECH

Palred Technologies Limited has informed the Exchange that the Company has fixed Record Date as April 27, 2016 for the purpose of Consolidation of Equity Share Capital of the Company.

Palred Technologies Limited has informed the Exchange that this is further to intimation made by the Company on January 23, 2016 regarding record date for Consolidation of Equity Share Capital. The Company hereby cancels the record date intimated to the Exchange for the Consolidation of Equity Share Capital.

Palred Technologies Limited has informed the Exchange that the Company has fixed Record Date as February 15, 2016 for the purpose of Consolidation of 2 Equity Shares of Nominal Value of Rs. 5/- per share fully paid up to 1 Equity Share of Nominal Value Rs. 10/- per share, fully paid up.

Palred Technologies Limited has informed the Exchange that The Company has, at the meeting of the Board of Directors held on 16th December 2015, allotted 8,11,379 Equity Shares of Rs. 5/- per share at Rs, 110/- per share, to non-promoter group.The said allotment was made pursuant to approval of shareholders at the Extra-Ordinary General Meeting of the Company held on 13th November, 2015 and in-principle approval from Stock Exchanges (i.e Bombay Stock Exchange vide its letter dated 04-12-2015 and National Stock Exchange vide its letter dated 10-12-2015.)