Prism Informatics has informed that the Board of Directors of the Company at its meeting held on November 12, 2013, has considered & approved the issuance up to 24,00,000 2% Non-cumulative compulsorily convertible preference shares (NCCPs series VI) of Rs. 100/- each aggregating to amount of Rs. 24,00,00,000 (Rupees Twenty Four Crores Only)
The above information is a part of company’s filings submitted to BSE.