Event Date: N/A
The document is a notice for an extra-ordinary general meeting of ESDS Software Solution Limited, scheduled for January 25, 2025, with the agenda encompassing ordinary and special business resolutions.
Ordinary Business: Reclassification of Authorized Share Capital
Special Business:
1. Issue of Equity Shares on a Preferential Allotment / Private Placement Basis:
2. Approve Issuance of Employee Stock Options to the Employees of the Company:
3. Alteration of Article of Association of the Company:
4. Approval for the Initial Public Offer (IPO) of the Company:
5. Approval for Increasing the Limit of Investment by Non-Resident Indian or Overseas Citizen of India in the Share Capital of the Company:
6. Annexure A details several of the intended allottees in this preferential allotment, with amounts.
7. Annexure B contains the Memorandum of Association.
8. Annexure C contains the proposed new Articles of Association.
The notes section provides information regarding proxy appointments, document inspection, and attendance at the EGM. The explanatory statement provides context for each agenda item, disclosing the reasons for the resolutions, related party interests, and other relevant details. The document includes details regarding the existing authorized share capital, reasons for reclassification, and powers of the Board in giving effect to the resolutions, the offer including the date of passing of board resolution. It also states that the directors recommend the special resolution as set out in Agenda Item No. 1 of the notice in the best interest of the Company. M/s. V Mandhana & Associates will perform valuation: Address: 702(L), Hubtown Solaris, NS Phadke Marg, Andheri East, Mumbai - 400 069. Item No.: 03 is the ESOP scheme. Item No. 5 is on Approval of Initial Public Issue of Equity Shares. The objectives, issue price, intention of promoters, change in control and allotment are noted, with pre- and post-issue shareholding patterns. None of the Directors and key managerial personnel or their relatives are concerned or interested in the proposed resolution except to the extent of their shareholding in the Company. By order of the Board of Directors ESDS Software Solution Limited (Prasad Deokar) Company Secretary & Compliance Officer ICSI M. No. A34350 Registered Office: Plot No. B-24 & 25, NICE AREA, M.I.D.C. SATPUR. NASIK MH 422007 IN Place: Nasik Date: 03.01.2025 The above is a summarized record for members of company.
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