TATAINFO

Infomedia India Ltd had informed the Exchange that the Hon'ble High Court of Judicature at Bombay has on June 16, 2006 approved the Scheme of Arrangement u/s read with Sections 100 to 103 of the Companies Act, 1956 filed by the Company for purchase and consequent cancellation of its equity shares. The said Scheme envisages the following: (a) Across the board buyback of 14 % of paid-up Equity Share Capital of the Applicant Company at a price of Rs.245/- per Equity Share; (Clause 4.1 of the Scheme) and (b) The Scheme also gives option to the Shareholders holding 50 Equity Shares or less to tend

In accordance with the Order above, the Company shall: a) Purchase 14% of the Equity Shares held by every Shareholder as on the Record Date, (August 18, 2006) whether held in physical form or in dematerialized form, for a consideration of Rs.245/- per Equity Share. Any fraction arising on the purchase of the Equity Shares in the proportion mentioned above shall be rounded off to the nearest integer. No action will be required on the part of the shareholder, in terms of the Scheme. b) The Shareholders holding 50 (fifty) Equity Shares or less per ledger folio in physical form and / or per Client

Infomedia India Limited has informed the Exchange that Hon'ble High Court of Judicature at Bombay has approved the Scheme of Arrangement u/s 391 read with Sections 100 to 103 of the Companies Act, 1956 filed by the Company for purchase and consequent cancellation of its equity shares on June 16, 2006. The written order is awaited. On the Scheme becoming effective (i.e. after a certified copy of the order sanctioning the Scheme is obtained from the Court and the same is filed with the Registrar of Companies) the Board of Directors of the Company, in consultation with stock exchanges, would be f

Infomedia India Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on December 19, 2005, has approved the investment through the mode of acquisition in 100% of equity share capital of Keyword Group Limited, a private limited company incorporated in U.K. and Cepha Imaging Pvt. Ltd., (49% through Keyword Group Limited and 51% directly), a private limited company incorporated in Bangalore, India. The aggregate amount of investment approved is US $ 6.5 mm in the following form :- 1) US $ 3.35 mm in Keyword Group Limited; and 2) US $ 3.15 mm in Cepha Im