VISUALSOFT

Visualsoft Technologies Limited had informed the Exchange regarding intimation of the Court approvals and effective date i.e. March 29, 2007 for the Scheme of Amalgamation of VisualSoft Technologies Limited with the Megasoft Limited and fixing of the record date for arriving at the list of shareholders of VisualSoft Technologies Limited for issue of shares of Megasoft in terms of the duly approved Scheme of amalgamation. The company has now informed the Exchange that: "The Board of Directors of the Transferee Company have fixed Wednesday the 9th day of May 2007 as the Record Date for arriving

Visualsoft Technologies Limited has informed the Exchange that the Register of Members and share transfer books will remain closed from December 15,2006 to December 22,2006 (both days inclusive). Further, the AGM will be held on December 22,2006, which was decided by the Board of Directors at the meeting held on November 11,2006.

Visualsoft Technologies Limited has informed the Exchange that the BOD's have decided to convene the AGM of the Company on September 16, 2005. Consequently, the register of members and share transfer books will remain closed from September 09, 2005 to September 16, 2005 (both days inclusive).

Visualsoft Technologies Limited has informed the Exchange that in response to the Company's application for delisting of its equity shares, the Hyderabad Stock Exchange have delisted the equity shares of the company w.e.f. September 20, 2004.