HTMT Global Solutions Limited (HGSL) to list on June 19, 2007

Bombay Stock Exchange has announced that the under-mentioned new securities of HTMT Global Solutions Limited (formerly known as HTMT Technologies Limited) shall be listed and permitted for trading with effect from Tuesday, June 19, 2007.

Pursuant to the Scheme of Arrangement, the Information Technology / Information Technology Enabled Services (IT/ITES) Undertaking of Hinduja TMT Limited (HTMT) has been transferred to and vested in HGSL as a going concern and in consideration thereof HGSL has allotted to the shareholders of HTMT 1 (One) fully paid up equity share of Rs.10/- each for every 2 (two) equity shares of Rs.10/- each held in HTMT as on record date.

The issued, subscribed and paid-up capital of the Company after the Scheme of Arrangement is Rs.20.54 crores consisting of 2,05,38,003 Equity shares of Rs.10/- each.

The Equity Shares in dematerialised form has been credited in the ISIN No INE170I01016. The market lot will be one share.

Source : Equity Bulls

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