PENTACOMMU

Pentasoft Technologies Limited has informed the Exchange that the Directors at their meeting held on October 15, 2008 has approved the Composite Scheme of Amalgamation, Arrangement & Compromise between the M/s. Pentamedia Graphics Limited and M/s. Pentasoft Technologies Limited along with the respective shareholders and Creditors.

Pentasoft Technologies Limited has submitted to the Exchange a copy of the outcome of Board Meeting held on April 6, 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/Pentasoft_OutcomeBM.zip target=NEW> For more details click here.</a>

Pentasoft Technologies Limited has informed the Exchange that at the meeting of the BODs held on April 21, 2005, the following items have been transacted: 1) The Board has adopted the share valuation report prepared by M/s Swaminathan & Co., Chartered Accountants, Chennai. 2) The Scheme of Amalgamation of M/s. Pentasoft Technologies Ltd. with M/s. Silicon Valley Infotech Ltd., Kolkata has been approved and the same to be forwarded to the Stock Exchanges for their 'in-principle' approval. The appointed date for the Scheme would be April 01, 2005. 3) Under the Scheme subject to the approval of t

Pentasoft Technologies Limited has informed the Exchange that at the Meeting held on April 09, 2005 the Board of Directors resolved the following: 1) The Board noted the developments that have taken place after the announcement of amalgamation and also reviewed the financial performance of the company for the year ended March 31, 2005. 2) That the effective date of amalgamation of M/S Pentasoft Technologies Ltd., with M/S Silicon Valley Infotech Ltd shall be April 01, 2005 instead of January 01, 2005 as announced earlier and accordingly valuation of business for the purpose of Swap ratio shall