VISESHINFO

Visesh Infotecnics Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on December 27, 2010, decided to merge and consolidate the businesses of two Companies M/s. eRoads Technology Limited and M/s. Axis Infocom Private Limited into the Company through a scheme of amalgamation under sections 391 - 394 of the Companies Act, 1956 and subject to the sanction of Hon'ble High Courts of appropriate Jurisdiction and other requisite approvals which may be required from time to time in this regard.

Visesh Infotecnics Limited has informed the Exchange that: "The Board of Directors in its meeting held today i.e. 26.10.2009 considered the proposal of merger of Positive Comsole Private Limited with Visesh Infotecnics Limited".

Visesh Infotecnics Limited has informed the Exchange that pursuant to Regulation 13 of SEBI (Prohibition of Insider Trading) Regulation, 2002, Vrinda Portfolio Pvt. Ltd., one of the promoter of the company, has informed the Company on September 28, 2007 that it has sold 1,30,000 shares of the company (during the period of September 26, 2007 to September 28, 2007).

Visesh Infotecnics Limited has informed the Exchange that pursuant to Regulation 13 of SEBI (Prohibition of Insider Trading) Regulation, 2002, Mr. Karun Jain, Director of the company has informed the Company on September 17, 2007 that he has sold 10,170 shares of the company (during the period of September 14, 2007 to September 17, 2007).

Visesh Infotecnics Limited has informed the Exchange that pursuant to Regulation 13 of SEBI (Prohibition of Insider Trading) Regulation, 2002, Mr. Karun Jain, Director of the company has informed the Company on September 10, 2007 that he has sold 9,800 shares of the company (during the period of September 07, 2007 to September 10, 2007).

Visesh Infotecnics Limited has informed the Exchange vide its letter dated September 07, 2007 that Pursuant to Regulation 13 of SEBI (Prohibition of Insider Trading) Regulation, 2002, Mr. Karun Jain, Director of the company has informed the Company on September 06, 2007 that he has sold 10,000 shares of the company (during the period of September 03, 2007 to September 06, 2007).

Visesh Infotecnics Limited has informed the Exchange vide its letter dated August 24, 2007 that: "The Company has been informed by Vrinda Portfolio Pvt. Ltd. the promoter company which holds 1.39% in the Equity Capital of the company that they have sold today 1,45,901 (One Lac Forty Five Thousand Nine Hundred One) Equity Shares of Visesh Infotecnics Ltd."

Visesh Infotecnics Limited has informed the Exchange that the Honorable High Court of Delhi has approved the Scheme of Amalgamation under Section 391 read with Section 394 of the Companies Act, 1956, vide its order dated May 10, 2005. The said order has been received by the Company on May 26, 2005. Consequent upon the amalgamation of the Companies, M/S MPS Technosoft Limited shall stand dissolved and be amalgamated/merged into M/s. Visesh Infotecnics Ltd.

Visesh Infotecnics Limited has informed the Exchange that the Board of Directors of the company at their meeting held on September 22, 2004 approved a scheme of amalgamation in accordance to sections 391 and 394 of Companies Act, 1956 between the company and MPS Technosoft Ltd. Pursuant to the said scheme, it is desired to amalgamate M/s. MPS Technosoft Ltd. into Visesh Infotecnics Limited and to issue 15 equity shares of Visesh Infotecnics Limited for every 20 equity shares held by the shareholders of MPS Technosoft Ltd. in that company.