FCS Software Solutions Ltd has announced that a meeting of the Board of Directors of the Company will be held on July 11, 2008, inter alia, to consider allotment of Warrants Convertible into equity shares Rs 10/- each at the premium rate of Rs 81/- to the proposed allottees on preferential basis as recommended by the share holders of the Company during their EGM held on June 19, 2008.