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.
