LGS Global has informed that the Board of Directors of the Company at its meeting held on May 26, 2012,has considered and approved the proposal for issue of Optionally Convertible Loan Instruments (OCL) with option to convert such loan either fully or partly into equity shares of LGS Global Limited at a price as per SEBI (ICDR) Regulations, 2009 to persons other than promoters and convening the Extra -Ordinary General Meeting (EGM) to seek member's approval for the above proposal.
The above information is part of company’s filing submitted to the BSE
