Educomp Solutions Ltd has informed BSE that the meeting of the Board of Directors of the Company scheduled to be held on January 29, 2010, inter alia, for approving the unaudited Financial Results for the Quarter ended on December 31, 2009, Board of Directors will also discuss: 1. The proposed acquisition of the domain name and the other business contracts etc. of M/s. Zaptive Internet Services Pvt. Ltd. and allotment of Equity Shares on preferential basis, in consideration up to maximum of $1.5 million thereof. Zaptive Internet Services Pvt. Ltd. is engaged in the business of Education Lead generation for the client Education students. Zaptive is running its business through website "Studyplaces.com" which is being owned by its holding Company Study Places Inc., USA. It provides a platform for students to acquire information related to higher education opportunities in USA, UK, India and various other countries. It has tie ups with various universities and educational institutes for providing educational opportunities in aforesaid countries. Studyplaces.com covers more than 3750 institutes across aforesaid countries. 2. Declaration of Interim Dividend for the Financial Year 2009-10.
Source: BSECourtesy moneycontrol.com
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