For Quick Alerts
For Daily Alerts

Califor.Soft - Outcome of Board Meeting

By Religare

California Software Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 17, 2012, has transacted the following:

1. It was decided by the Board to sell/transfer part/whole of the undertaking consisting of:

a. Land & Building and Other Assets of the Company

b. IT Business of the Company

c. Branch Offices of the Company

and to obtain approval of the shareholders through Postal Ballot

2. It was decided by the Board to sell the wholly owned subsidiaries of the Company.

The above decisions were taken in order help the Company with its restructuring plans.

Read more about: california software
Story first published: Monday, November 19, 2012, 22:30 [IST]
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more