California Software is planning to sell shares of subsidiary company i.e. Aspire Communications. The meeting of the Board of Directors of the company will be held on December 23, 2017, to consider and approve the same.
The company is also planning to issue equity shares on preferential allotment basis and issue of optionally convertible redeemable preference shares (OCRPS).
California Software Company is a global Product Engineering and Enterprise Solutions company with a strong background in development and implementation.