Sonata Software has informed that Sonata Software North America, Inc. a wholly owned subsidiary of the company, has entered into a definitive agreement on 9th January, 2019 with each of other shareholders of Rezopia, Inc., to acquire remaining 40% stake in Rezopia, Inc., a California corporation. Consequent to acquisition of the entire share capital, Rezopia, Inc., will become a wholly-owned subsidiary of the company. The information required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015 is enclosed with this letter.
The above information is a part of company’s filings submitted to BSE.
