Four Soft Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 28, 2008, has given intent for possibilities and modalities of merger with M/s. Take Solutions Ltd, a leading international business technology Company with products backed by a strong domain expertise in Life Sciences and Supply Chain Management, with a view to accelerate the Company's growth by way of Economies of scale through synergy activity for the benefit of both the Companies. The combined entity would become one of the largest product Companies with domain strength of SCM in India, besides becoming a global leader in SCM. Four Soft Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 06, 2009, inter alia, has taken the following decisions: The Company has decided to shelve the intended merger with Take Solutions Ltd. (As Per BSE Announcement Website dated on 06.02.2009) With reference to the earlier announcement dated February 06, 2009 regarding Outcome of Board Meeting held on February 06, 2009, Four Soft Ltd has now informed BSE that the said Outcome has been revised by the Company. The Revised Outcome of the said Board Meeting should be read as follows: In view of the volatile market situations, the Company has decided to shelve the Intended merger with Take Solutions Ltd. (As Per BSE Announcement Website dated on 09.02.2009)