PENTACOMMU

Pentasoft Technologies Limited has informed the Exchange that at the meeting of the BODs held on March 14,2005, the BODs have subject to the approval as are required approved a scheme of amalgamation by which the company, Pentasoft Technologies Limited would amalgamate with Silicon Valley Infotech Limited., Kolkatta effective January 01,2005.Under the scheme on a record date to be fixed, the shareholders of Pentasoft would receive one share of Re.1/- each of Silicon Valley Infotech Ltd., for every two shares of Rs.10/- each held by them in Pentasoft. The Exchange ratio is based on the valuati

Pentasoft Technologies Limited has informed the Exchange that the BOD has decided to carry out a Scheme of amalgamation with M/S Silicon Valley Infotech Limited,Kolkatta subject to approval of Court and concerned authorities.