MCS Ltd has announced in terms of SEBI (SAST) Regulations, that the company had allotted 7,00,000 equity shares of Rs. 10/- each to M/s. S K Infosolutions Pvt Ltd on preferential basis on July 20, 2009.
The aforesaid equity shares allotted to M/s. S K Infosolutions Pvt Ltd represent 14.36% of the paid up share capital of the Company.