CRESSANDA SOLUTIONS LTD. - 512379 - Board Meeting Outcome for Revised Outcome Of Board Meeting Held On Friday, January 27, 2023
In continuance to Outcome of Board Meeting dated January 27, 2023 filed on BSE website on January 27, 2023, we wish to inform you that, the said Outcome had a typographic mistake due to an human error. We are attaching the correct copy of the Outcome of Board Meeting dated January 27, 2023. CRESSANDA SOLUTIONS LTD. - 512379 - Announcement under Regulation 30 (LODR)-Resignation of Managing Director
This is in continuance to our letter dated, January 23, 2023 we wish to inform you that, the Board of Directors of the Company at its meeting held today i.e Friday, January 27, 2027 inter-alia considered and approved the following business: Take note of resignation of Mr. Soumyadri Bose (DIN: 02795223) from the post of Managing Director (MD) and subsequently form the Board of Director of the Company w.e.f January 27, 2023. CRESSANDA SOLUTIONS LTD. - 512379 - Annuncement Under Regulation 30 - Approval Of Right Issue
This is in continuance to our letter dated, January 23, 2023 we wish to inform you that, the Board of Directors of the Company at its meeting held today i.e Friday, January 27, 2027 inter-alia considered and approved the following business: Approved the proposal for issuance of equity shares of face value of ?1.00/- (Rupee One Only) for an amount not exceeding ? 49,50,00,000/- (Rupees Forty Nine Crore Fifty Lakhs Only) through a Rights Issue, to the eligible equity shareholders of the Company as on Record date (to be notified subsequently), in accordance with applicable laws, including the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, along with relevant circulars issued by the Securities and Exchange Board of India, Companies Act, 2013 (hereinafter referred to as 'Rights Issue'); CRESSANDA SOLUTIONS LTD. - 512379 - Board Meeting Outcome for Outcome Of Board Meeting Held On Friday, January 27, 2023 Pursuant To Reg 30 Of The SEBI(LODR) Regulations, 2015
This is in continuance to our letter dated, January 23, 2023 we wish to inform you that, the Board of Directors of the Company at its meeting held today i.e Friday, January 27, 2027 inter-alia considered and approved the following business: 1. Approved the proposal for issuance of equity shares of face value of ?1.00/- (Rupee One Only) for an amount not exceeding ? 49,50,00,000/- (Rupees Forty Nine Crore Fifty Lakhs Only) through a Rights Issue............... 2. Constitution of the Rights Issue committee to proceed with the Rights issue and, inter-alia, decide the other terms and conditions of the Rights Issue, including deciding on the record date, determining the rights issue price, rights entitlement ratio, appointment of intermediaries and other related matters. 3.Take note of resignation of Mr. Soumyadri Bose (DIN: 02795223) from the post of Managing Director (MD) and subsequently form the Board of Director of the Company w.e.f January 27, 2023. CRESSANDA SOLUTIONS LTD. - 512379 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Cressanda Solution Limited bags prestigious order for in-coach digital advertising in Kolkata Metro for 5 years. Highlights:- Company aims to serve 7-8 lakh passengers daily with an annual target of 15 crore passengers and above. Company is planning to launch a Super-App which allows passengers to get Wi-Fi during the journey. In July 2022 Cressanda signed a MOU with a consortium led by Bufshelfco, South Africa for a period of three years to provide IT infrastructure, super app development, digital services etc Cressanda''''s revenue for Non-Fare Revenue is expected to cross Rs 75 crore annually in initial years and pre-tax profit margin of 15-20%. Further details as attached, CRESSANDA SOLUTIONS LTD. - 512379 - Board Meeting Intimation for Scheduling Board Meeting Dated 27Th January 2022
CRESSANDA SOLUTIONS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/01/2023 ,inter alia, to consider and approve 1. The proposal for raising of funds by issue of equity shares and/or convertible securities or any other securities of the company through rights issue and/or preferential issue and/or qualified institutions placement as may be permitted under applicable law, subject to receipt of regulatory/ statutory approvals, as may be required. 2. Any other matter with the permission of chair. CRESSANDA SOLUTIONS LTD. - 512379 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Cressanda Solution Limited bags prestigious order for in-coach digital advertising in Kolkata Metro for 5 years Highlights:- Company aims to serve 7-8 lakh passengers daily with an annual target of 15 crore passengers and above. Company is planning to launch a Super-App which allows passengers to get Wi-Fi during the journey. In July 2022 Cressanda signed a MOU with a consortium led by Bufshelfco, South Africa for a period of three years to provide IT infrastructure, super app development, digital services etc Cressanda''s revenue for Non-Fare Revenue is expected to cross Rs 75 crore annually in initial years and pre-tax profit margin of 15-20%. Further details as attached CRESSANDA SOLUTIONS LTD. - 512379 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Cressanda Solution Limited bags prestigious order for in-coach digital advertising in Kolkata Metro for 5 years Highlights:- Company aims to serve 7-8 lakh passengers daily with an annual target of 15 crore passengers and above. Company is planning to launch a Super-App which allows passengers to get Wi-Fi during the journey. In July 2022 Cressanda signed a MOU with a consortium led by Bufshelfco, South Africa for a period of three years to provide IT infrastructure, super app development, digital services etc Cressanda''s revenue for Non-Fare Revenue is expected to cross Rs 75 crore annually in initial years and pre-tax profit margin of 15-20%. Further details as attached. CRESSANDA SOLUTIONS LTD. - 512379 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
This to certify that the securities comprised in the certificates received for dematerialization during the quarter mentioned above, have been listed on the stock exchanges and after due verification, mutilated/cancelled the certificates of security and the records has been substituted by the name of the depository as the registered owner, as required by regulation 74(5) of SEBI (Depository and Participants) Regulation 2018 and as per applicable regulations or rules. The above details are based on the confirmation from the Company''s share transfer agent M/s Skyline Financial Services Private Limited (STA) which looks after all activities relating to securities transfer, dematerialization etc, on behalf of the Company for the quarter ended December 31, 2022. A certificate or confirmation received from STA in respect to above matter is enclosed herewith. CRESSANDA SOLUTIONS LTD. - 512379 - Closure of Trading Window
This is to inform you that pursuant to provisions of the Securities and Exchange Board of India (Prohibition of insider Trading) Regulations, 2015 and the Company''s Internal Code of Conduct to Regulate, Monitor and Report Trading by Insiders, the Trading Window for dealing in the securities of the Company for all the Designated Persons, Designated Employees, Specified Person and their immediate relatives, will remain closed till the expiry of 48 hours after the Un-audited financial results for the quarter ended on December 31, 2022 become generally available information. In this regard, all Directors, Designated Person and other persons of the Company have been advised not to trade in the Securities of the Company during the aforesaid period of closure of Trading Window.