Investor News
Hyderabad, November 15, 2011 – AJEL Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 15, 2011, inter alia, has considered and approved the following items of business:
| 1. | Allotted 6,00,000 (Six Lakhs) Equity Shares to persons other than promoter group on preferential basis. |
| 2. | Considered and Approved the Amalgamation of Ajel Technologies India Pvt Ltd., a wholly owned subsidiary company, with the Company subject to legal formalities under the applicable laws & approval of Hon'ble High Court Judicature and to take appropriate decisions. |
About Ajel Limited.
AJEL LIMITED. is a premier provider of full range of information technology services for the agile business. We combine strategic consulting, process innovation, custom and package software deployment, and application monitoring to rapidly deliver end-to-end business systems that create immediate bottom-line impact for our clients to achieve their business objectives.
AJEL helps clients achieve their business goals by building, integrating and supporting mission-critical applications and systems for optimized quality, increased business value, faster time-to-market and reduced total cost of operations, development, testing, implementation and maintenance of business applications. Ajel’s delivery capability spans service-oriented architectures, including J2EE and .NET, E-commerce applications as well as traditional client/server and main frame development, and offers portal development, wireless and mobility applications and content delivery. Learn more www.ajel.in