California Software Co. Ltd. — Capital/Financing Update 2020

Aug 26, 2020

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

August 26, 2020

To

National Stock Exchange of India Limited

Symbol – CALSOFT

Exchange Plaza, 5thFloor, Plot No. C/1, G Block, Bandra-Kurla Complex Bandra (East), Mumbai - 400 051

BSE LIMITED

Security Code - 532386 Phiroze Jeejeebhoy Towers Dalal Street Mumbai-400001

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Dear Sir/Madam,

Sub: Outcome of Board Meeting – Allotment of Equity Shares on Conversion of OCRPS – Reg 30 of SEBI LODR 2015. Ref: Our Board Meeting Intimation letter dated 20.08.2020

We would like to bring to your kind attention that we had earlier intimated the Stock Exchange vide our letter dated 26th March 2019 regarding the allotment of 35,10,800 Optionally Convertible Redeemable Preference Shares (“OCRPS”) to M/s.Chemoil Advanced Management Services Private Limited (Non Promoter) which was issued under Preferential basis 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 subsequently ratified at Annual General Meeting (“AGM”) held on September 29, 2018.

Pursuant to right of conversion exercised by Chemoil Advanced Management Services Private Limited (anytime within 18 months from the date of allotment of OCRPS) with respect to 30,92,100 OCRPS into Equity shares, the Board of Directors at their meeting held today Viz., 26.08.2020 has approved the allotment of 30,92,100 Equity shares of face value of Rs.10 each at a price of Rs.100/- each (which includes premium of Rs.90) as per the terms of Shareholder’s resolution passed in the Annual General Meeting held on 29[th] September 2018 that restricts the allotment of equity shares to Allottee on conversion of OCRPS not more than 20% of the post issue equity share capital of Company.

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California Software Company Limited 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

With the allotment of 30,92,100 Equity Shares on conversion of equivalent number OCRPS held by Chemoil Advanced Management Services Limited (Non Promoter), the total paid up capital of the Company shall stand increased from Rs.12,36,50,060 (Rupees Twelve Crore Thirty Six Lakhs Fifty Thousand and Sixty Only) consisting of 12365006 Equity shares of Rs.10 each to Rs.15,45,71,060 (Rupees Fifteen Crore Forty Five Lakhs Seventy One Thousand and Sixty Only) consisting of 15457106 Equity shares of Rs.10 each.

The Board meeting commenced at 03.15 P.M and concluded at 5.30 P.M Kindly take note of the above on record.

Thanking you,

Yours truly For California Software Company Limited

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Vasudevan Mahalingam Managing Director