8K Miles Software Services has informed that a meeting of the board of directors of the company will be held on June 27, 2012, to consider allotment of 40,17,641 bonus equity shares of Rs. 10 each, in the ratio 2 new equity shares for every 3 existing equity shares held in the company, pursuant to the record date fixed on June 25, 2012 and in compliance with Chapter IX of Securities & Exchange Board of India (Issue of Capital & Disclosure Requirements) Regulations, 2009.
The above information is a part of company's filings submitted to BSE.