Investor News

Hyderabad, August 28, 2010 – Ajel Infotech Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 28, 2010, inter alia, has considered and approved the following:

1.) Increase in the Authorised Share Capital of the Company from Rs. 12,00,00,000 (Rupees Twelve Crores) to 70,00,00,000 (Rupees Seventy Crores), subject to member's approval.

2.) The Alteration of the Memorandum and Articles of Association of the Company, subject to the member's approval.


About Ajel Infotech Ltd.

AJEL INFOTECH LTD. 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


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