(02-Sep-2004 Hours IST)
10,330,625 equity shares of Rs.10/- each of the company were allotted to the eligible shareholders of XIUS India Ltd. pursuant to the scheme of amalgamation. Members of the Exchange are hereby informed that the under mentioned new securities of Megasoft Limited (Scrip Code: 532408; ISIN No.INE933B01012) are listed and permitted for trading on the Exchange with effect from Monday, the 20th September, 2004. Securities 1,03,30,625 *Equity Shares of Rs.10/- each (fully paid-up) issued to shareholders of erstwhile XIUS India Ltd. pursuant to the Scheme of Amalgamation of the Company. Dist. Nos. 1,51,17,776 to 2,54,48,400 * These shares are ranking pari-passu with the old equity shares of the company. 2. Members may please note that 25,82,656 equity shares of the Company bearing distinctive nos. 1,51,17,776 to 1,77,00,431 are non-transferable for 3 years from date of listing and therefore these shares would not be good delivery in the market till 19-09-2007. The company has confirmed that the share certificates have been enfaced with a stamp regarding its non-transferability. 3. The brief particulars of the Scheme of Amalgamation are as mentioned below: The Scheme of Amalgamation was sanctioned by the HonÆble High Courts of Madras and Hyderabad vide their orders dated 22nd June, 2004 and 16th July, 2004 respectively. The appointed date: 1st January, 2004 Date of Allotment: 1st September, 2004 Exchange Ratio - For every 2 Equity Shares of Rs.10/- each held in erstwhile XIUS India Ltd., 5 Equity Share of Rs.10/- each of the company have been issued. 4.The company's financial year ends on 31st December. (As per BSE notice dated on 17/09/2004)
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