ZENITHINFO

Zenith Infotech Limited has informed the Exchange that the Company appeal against the Division Bench of the Hon ble High Court is still pending in the Supreme Court. However as per the Division Bench of the Hon ble High Court the Liquidation has been stayed till August 31, 2014 only hence the order of Liquidation against the Company becomes effective on September 01, 2014.

Zenith Infotech Limited has informed the Exchange that the Division Bench of the Hon'ble Bombay High Court has confirmed the Order of the Single Bench on Liquidation but has extended the stay till August 31, 2014. The Company is in the process of filing an appeal in the Hon'ble Supreme Court of India as soon as the Court re-opens after the vacation.

Zenith Infotech Limited has informed the Exchange that the stay on the winding up order of Zenith Infotech Limited (order dated December 13, 2013) has been extended by the Division Bench of the Hon'ble Bombay High Court from the original date of April 16, 2014 to April 21, 2014 and it is expected that the Division Bench of the Hon'ble Bombay High Court will deliver its judgment on April 21, 2014 in the appeal filed by Zenith Infotech Limited.

Zenith Infotech Limited has informed the Exchange that the Hon'ble Bombay High Court in Company Petition 28 of 2012 has ordered the winding up of Zenith Infotech Ltd. and the appointment of the Official Liquidator. The order has been stayed till April 16, 2014 in order to enable the Company to sell its Cloud Computing Division and certain other fixed assets under the supervision of the Administrator appointed by the Hon'ble Bombay High Court. The Company will be appealing against this order of the Hon'ble Bombay High Court.

Zenith Infotech Limited has informed the Exchange that the Company have spun off one Division of the Company Business Known as MSD Divsion to M/s Zenith Monitoring Services Pvt. Ltd. Mumbai which will be a Subsdiary of Zenith RMM LLC, by way of an Asset Purchase Agreement. However, Zenith Infotech Ltd is going to be a major shareholder.

Zenith Infotech Limited has submitted to the Exchange a copy of the Statement showing details of turnover, profits, transfers to reserves, etc. pursuant to Clause 20 of the Listing Agreement.

Zenith Infotech Ltd. has informed the Exchange regarding the details as per requirement of clause 20 of the listing Agreement. The details 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/Zenith_Updates_24082009.zip target=NEW> For more details click here.</a>

Zenith Infotech Ltd. has informed the Exchange the information pursuant to clause 20 of the Listing Agreement, the statement showing details of tunrover, profit before tax, profit after tax, transfer of profits to general reserve etc. The details 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/ZenithInfotech_UP_26072008.zip target=NEW> For more details click here.</a>