California Software Co. Ltd. — Capital/Financing Update 2019

Mar 26, 2019

California Software Company Limited

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CIN: L72300TN1992PLC022135

Registered Office: 2[nd] Floor, Unit 9, STPI Building, 5 Rajiv Gandhi Salai, Taramani, Chennai 600 113, India Phone +91 044 3910 3620

Email: investor@calsoftgroup.com www.calsoftgroup.com/www.calsof.com

March 26, 2019

To To Department of Corporate Services Corporate Listing Department BSE Limited National Stock Exchange of India Ltd P. J. Towers, Dalal Street Exchange Plaza, Plot No.C-1, G Block, Fort, Mumbai - 400 001, MH, India BKC, Bandra (E), Mumbai 400 051, MH, India Scrip Code: BSE – 532386 Scrip Code: NSE – CALSOFT

Sub: Outcome of Board Meeting held on March 26, 2019

Dear Sir/Madam,

Pursuant to Regulation 30 read with Para A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board of Directors of the company, at its meeting held on March 26, 2019, have approved the following:

1. In terms of Special Resolutions passed by the members of the company at their Extra-Ordinary General Meeting (“ EGM ”) held on December 23, 2017 and their Annual General Meeting (“ AGM ”) held on September 29, 2018, and in accordance with the “In-principle Approval” granted by the BSE Limited (vide its letter Ref. no. DCS/PREF/ST/PRE/2819/2017-18) dated April 30, 2018 and the National Stock Exchange of India Limited (vide its letter Ref. no. NSE/LIST/14770) dated March 19, 2019, the Board of Directors of the Company have, inter alia , approved the Allotment of 35,10,800 Optionally Convertible Redeemable Preference Shares (“ OCRPS ”), convertible into equivalent number of Equity Shares of the Company at an Issue price of INR 100/- per OCRPS, to Chemoil Advanced Management Services Private Limited (“ CAMS ”) on preferential basis, pursuant to conversion of unsecured loans into OCRPS.

The meeting of Board of Directors commenced at 3:00 PM and concluded at 4:00 PM.

Kindly take the same on your records.

Thanking You, Yours faithfully, For California Software Company Limited

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Dr. Vasudevan M Managing Director DIN: 01608150