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PCS Technology Ltd. — Capital/Financing Update 2019
Apr 24, 2019
64029_rns_2019-04-24_203d46ce-126b-4525-9969-029ce1095f66.pdf
Capital/Financing Update
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24m April, 2019
The Secretary The Bombay Stock Exchange Ltd. Phiroze Jeejeebhoy Towers 27th Floor, Dalal Street Mumbai 400 023
Dear Sir,
Ref : Security Code no. 517119
Sub: Disclosure under Regulation 30 (7) of SEBI (LODR), Regulation, 2015
Further to our letter dated 12'h December, 2016 and 4th November, 2016 in connection with sale/Transfer of Company's Product- Laboratory Information Management System (LIMS) with its registered Copyrights.
We would like to inform you that the Company has entered into an amendment agreement with 'Medprecinct Solutions Private Limited' on 18th April, 2019 for reduction of the total consideration from Rs. 1,25,00,000 (Rupees One Crore Twenty Five lakhs only) to Rs. 1,00,00,000 (Rupees One Crore only) for the aforesaid Product (LIMS) and concluded the said Transaction.
Kindly acknowledge the receipt of the same for your records.
Thanking you
Yours faithfully For PCS Technology Limited
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Bhas a Patel Chief Executive Officer (CEO)