FCS Software Solutions has informed that the board of directors of the company at its meeting held on July 30, 2012 has re-appointed Shayam Sunder Sharma, as director of the company and M/s. SPMG & Co., as statutory auditors of the company.
Further, the board decided for raising of funds to the extent of Rs. 55 Crores by issue of preferential warrants in accordance with SEBI(ICDR) Guidelines, subject to approval of shareholders in the AGM and to increase the authorized capital of the company from Rs. 150 Crores to Rs.185 Crores.
The above information is a part of company's filings submitted to BSE.
