Sphere Global Services has informed that the Board of Directors of the Company at its meeting held on December 01, 2015 has decided for cancellation of Extraordinary General Meeting proposed to be held on December 28, 2015. The reason for the cancellation is that few legal formalities are raised to comply for matters that were to be taken up in interest of the Company. Therefore EGM stands cancelled for procedural reasons.
The above information is a part of company’s filings submitted to BSE.