Board to consider Sub-division of Equity Shares

• Security Code: 532386
• Company: CALSOFT

California Software Company Ltd has informed BSE that the meeting of the Board of Directors of the Company will be held on December 23, 2017, inter-alia, to consider and approve the following

1. Splitting of equity shares of Rs. 10 /- each to Rs. 2 /-.

2. Issuance of Equity Shares on Preferential Allotment Basis.

3. Issuance of Optionally Convertible Redeemable Preference Shares (OCRPS).

4. Sale of Shares of subsidiary Company i.e. Aspire Communications Private Limited.

5. Issuance of Employee Stock Option (ESOP).

6. Appointment of new Director and CEO.