Xelpmoc Design and Tech has informed that today the Board of Directors of the Company has approved the proposal of sale/disposal of preference shares investment of 1,61,550, 0.01% Optionally Convertible Preference Shares (OCPS) and 6,443, 0.01% Pre Series A Cumulative Compulsorily Convertible Preference Shares (CCPS) of the face value of Re 1 per share, in Firstsense Technology, at a consideration of Rs 1,67,993 by passing the resolution by circulation.
The above information is a part of company’s filings submitted to BSE.