General Announcement::Outcome of the Board Meeting held on January 22, 2021

Issuer & Securities

Issuer/ Manager
3I INFOTECH LIMITED
Securities
3IINFOTEUSD16.323M2.5%CB250331 - XS1423751418 - 66DB
3IINFOTECH US$2.435MCB170726 - XS0308551166 - 3JDB
3IINFOTECUS$125.356M5%CB170426 - XS0769181982 - 2CCB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
25-Jan-2021 19:46:14
Status
New
Announcement Sub Title
Outcome of the Board Meeting held on January 22, 2021
Announcement Reference
SG210125OTHR652S
Submitted By (Co./ Ind. Name)
3i Infotech Limited
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
This is to inform you that the Board of Directors ( the Board ) of the Company at its Meeting held through video conference on January 22, 2021, has approved the alteration of the terms and conditions and redemption of 0.01% Cumulative Non- Convertible Redeemable Preference Shares of Rs. 5/- each ( Class A Preference Shares ) and 0.10% Cumulative Non-Convertible Redeemable Preference Shares of Rs.5/- each ( Class B Preference Shares ), in terms of Section 48 of the Companies Act, 2013. The Board also approved the notice of the Postal Ballot to be sent to the Class A and Class B Preference Shareholders to obtain their approval on the aforesaid matter.

The Board also approved the cut-off date as Friday, January 8, 2021, for determining the preference shareholders eligible for e-voting for the purpose of the Postal Ballot.

The same is being hosted on the Company s website www.3i-infotech.com.

This is for your information and records.

Attachments

SGX - covering letter.pdf
Total size =366K