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| Exchange Received Time 02/08/2018 15:27:52 Exchange Disseminated Time 02/08/2018 15:28:00 Time Taken 00:00:08 | | Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, we wish to inform you that Board of Directors in its meeting held on 2nd August, 2018 has approved the Scheme of Merger by absorption of PCS Positioning Systems (India) Limited ('the Transferor Company I' or 'PPSIL') and PCS Infotech Limited ('the Transferor Company II' or 'PIL') (being together referred as 'the Transferor Companies') both wholly owned subsidiary of PCS Technology Limited ('the Transferee Company' or 'PTL' or 'the Company') with the Company under Section 230 to 232 of the Companies Act, 2013 subject to the necessary approvals. |
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