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| Exchange Disseminated Time | Allied Digital Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 14, 2013, inter alia, has approved the following :
1. Execution of Share Purchase and Shareholders Agreement with the Regenersis Group for the sale of the Company's 52.6% stake comprising of 23,580 Equity Shares of INR 100/- each held in its Subsidiary Company "Digicomp Complete Solutions Limited.";
2. Issue of 54,33,732 Convertible Equity Warrants, on preferential basis to Promoters of Allied Digital Services Limited and 27,16,866 Convertible Equity Warrants on preferential basis to M/s. Lords Power Private Limited. |
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