Infinite Computer Solutions (India) has informed that the board of directors of the company at its meeting held on February 10, 2013 have approved the proposal for transfer of entire stake held in infinite convergence solutions inc. in favour of unified convergence limited, a subsidiary of the company recently incorporated in Mauritius for the purpose of acting as a special purpose vehicle to hold current and future overseas investments of the company.
The above information is a part of company’s filings submitted to BSE.