California Software Co. Ltd. — Capital/Financing Update 2024

Jun 10, 2024

California Software Company Limited

RegisteredOffice:2[nd] Floor,Unit9,STPIBuilding,5RajivGandhiSalai,Taramani, Chennai 600

==> picture [112 x 71] intentionally omitted <==

CIN:L72300TN1992PLC022135

113, India Phone+9104439103620

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

June 10, 2024

National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G- Block, Bandra-Kurla Complex, Bandra (East), Mumbai-400051.

Symbol: CALSOFT

Bombay Stock Exchange BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001

Security Code No.: 532386

Kind Attn: Head–Listing Department/Department of Corporate Communications

Dear Sir/Madam,

– – Sub.: Outcome of Board Meeting Right Issue reg.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015(“ Listing Regulations ”) and further to our intimation dated June 1,2024, we hereby inform that meeting of the Board of Directors (“ Board ”) of the Company was held today, June 10, 2024, to consider/approve/ note the following businesses:

1. The Board has considered an expansion of Artificial Intelligence, IoT, Machine Learning techniques, UI-UX design services, and innovative Mobile App Development Services for the design and development of highly interactive and inventory Point of Sale (PoS) and Omni channel e-commerce platforms, Online multi-store (Multiple storefronts) and also propose to implement customizable business solutions for a minimum of 100 thousand small and medium retailers and wholesalers, globally. Expansion and Acquisitions are imperative to building critical skills and capabilities in strategic, high-growth areas, particularly eCommerce, AI and machine learning startups, Clinical data processing and management companies, which enhance our differentiation and drive organic growth.

For the above expansion and acquisition of a company related to this business in India and overseas, the company needs to raise funds

1. Accordingly, the Board approved for raising of funds through issuance and allotment of equity shares of face value of Rs. 10/- each (“ Equity Shares ”) for an amount not exceeding Rs. 5,000 Lakhs (Rupees Five Thousand Lakhs only), on Rights basis on such terms (as decided by the Board of Directors or a duly constituted committee of the Board of Directors at a later date) to the eligible equity shareholders of the Company, as on the record date (to be notified subsequently), subject to receipt of regulatory/statutory approvals, in accordance with the provisions of Section 62(1)(a) of the Companies Act, 2013 and the rules made thereunder and the applicable laws including the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended and SEBI LODR Regulations, 2015 ( “Rights Issue” ).

==> picture [112 x 71] intentionally omitted <==

California Software Company Limited CIN:L72300TN1992PLC022135

RegisteredOffice:2[nd] Floor,Unit9,STPIBuilding,5RajivGandhiSalai,Taramani, Chennai 600 113, India Phone+9104439103620 Email: investor@calsoftgroup.com www.calsoftgroup.com/www.calsof.com

1. The Board has decided to constitute 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.

The board meeting commenced at 3.00 PM and ended at 4.15 PM. We request you to take the aforesaid on record.

For California Software Company Limited

==> picture [62 x 53] intentionally omitted <==

Dr. Mahalingam Vasudevan Managing Director DIN:01608150

==> picture [91 x 93] intentionally omitted <==