With reference to disclosure dated 16th October, 2020, (Copy Attached) and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, relating to incorporation of a wholly owned subsidiary of the Company, Alphalogic Techsys has informed that as per approval of appropriate authorities, a new US based wholly owned subsidiary company in the name of ‘Skillbit Software Inc.’ is incorporated and has commenced its business operations. All particulars mentioned in its disclosure dated 16th October, 2020, remains the same.
The above information is a part of company’s filings submitted to BSE.
