Onward Technologies Ltd.

Onward Network Technologies, one of the entities belonging to the promoter group of Onward Technologies has purchased 101,200 shares of the company on November 10, 2014. The promoter holding after this transaction however does not cross the limits specified under SEBI (Substantial Acquisition of Shares and Takeover) Regulation 2011.

Onward Technologie (OTL) is an ISO 9001-2000 certified company serving customers in the areas of Engineering Design Services, IT Services and IT driven Banking Products & Financial Services. The company is headquartered in India with offices globally in USA, UK, Germany and Japan. Development centres are located at Mumbai and Pune, in India - the outsourcing capital of the world.