Cressanda Solutions Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 06, 2012, have approved the following: Merger of Smartchamps IT and Infra Limited with the Company. Smartchamps IT and Infra Limited, a Company having its registered office at 296/298, Govind Wadi, Room No. 7, 2nd Floor, Kalbadevi Road, Mumbai - 400 002, is a Company engaged in Software Development, Software & hardware trading and development & purchase sale of infrastructure & real estate. The above decisions would be subject to the approval of the members and also the requisite authorities and the Hon'ble High Court of Mumbai as may be applicable.