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Telesys Software informs about board meeting intimation

28 Jan 2023 Evaluate
Telesys Software has informed that pursuant to Regulation 29 (1) (d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, at the registered address of company, No. - 1/L Blackers Road, 2F Gaiety Palace, 2nd Floor Chintadripet Chennai TN 600002 IN on Tuesday, 7TH February,2023, at 5:00 PM; to consider and allot 7,37,650 Equity shares of Rs 10 each to be issued at a price not less than Rs 19 to Non-Promoters for cash consideration and 1,06,93,471 Equity shares of Rs 10 each to be issued at a price not less than Rs 19  to Non-Promoters against the conversion of loan amount aggregating to Rs 20,31,75,949 on a preferential basis. The company is in receipt of In-Principle Approval under Regulation 28(1) of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 vide their letter bearing No. LOD/PREF/JR/FIP/3056/2022-23 dated 24th January 2023, accorded by Bombay Stock Exchange.

The above information is a part of company’s filings submitted to BSE.

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