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              CS Software Enterprise Ltd has announced that the Board of Directors of the Company at its meeting held on June 29, 2007, inter alia, has considered the following business:
1. Issue of upto 4,90,000 equity shares of the Company to a select group of persons on preferential basis.
2. Issue of upto 5,10,000 warrants convertible into equity shares to the persons belonging to the promoter group and other persons.