California Software Company Limited has informed the Exchange regarding Outcome of Board Meeting held on March 10, 2026.
CALSOFT · price
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California Software Company Limited's Board, at its March 10, 2026 meeting, approved the final reconciliation of the First and Final Call Money for its earlier Rights Issue. The Registrar confirmed receipt of ₹6.12 crore (₹6,11,68,695) against 81.55 lakh partly paid-up equity shares. The Board approved converting these 81,55,826 partly paid-up shares into fully paid-up equity shares of ₹10 face value, subject to stock exchange and depository approvals. The Audit Committee has been designated as the Monitoring Committee to oversee use of Rights Issue funds and ensure compliance. A Company Secretary has been authorised to complete the related regulatory filings.
This is a procedural completion of the company's Rights Issue. No new shares are being issued and no dilution is happening — the partly paid-up shares already held by shareholders will simply become fully paid-up. For existing shareholders, this brings clarity on share status but has no direct impact on stock price or ownership.