Innovation Software Exports: Outcome of board meeting

Oct 29, 2013, 02.00 PM IST

Innovation Software Exports at its meeting held on October 11, 2013, had decided to consider merger of Agrata Biotech into it.

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Innovation Software Exports: Outcome of board meeting

Innovation Software Exports at its meeting held on October 11, 2013, had decided to consider merger of Agrata Biotech into it.

Like this story, share it with millions of investors on M3

Innovation Software Exports: Outcome of board meeting

Innovation Software Exports at its meeting held on October 11, 2013, had decided to consider merger of Agrata Biotech into it.

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Innovation Software Exports Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 11, 2013, had decided to consider merger of Agrata Biotech Limited (ABL) into it. The Board had also approved the engagement of a Chartered Accountant firm for valuation of the Company and also ABL and to give its recommendation of share exchange ratio for the proposed merger. The Board had also approved the engagement of a Merchant Banker for giving its fairness opinion report on the valuation to be carried out by the said Chartered Accountant firm.Source : BSE

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