Corporate Announcement
Security Code : 538835    Company : INTELLECT    
 
Outcome of Board MeetingDownload PDF
  Exchange Disseminated Time     03/05/2016 14:26:51
Intellect Design Arena Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 03, 2016, inter alia, have approved the following :

1. Appointment of Mr. Arun Shekhar Aran as an Additional Director of the Company and will be an Independent Director.

The Board has also taken on record the following updates :-

1. Revised Scheme of Amalgamation of the subsidiaries, Indigo TX Software Private Limited and Laser Soft Infosystems Limited with Intellect Design Arena Limited with Appointed date as April 01, 2016

2. Re-classification of Promoters’ acting in Concert Into public category.

Further, the meeting commenced at 11:00 a.m. and concluded at 01:45 p.m.
 

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