Prism Informatics Ltd: Outcome of Board Meeting

Prism Informatics Ltd has informed BSE that the Board of Directors at its meeting held on April 08, 2011, inter alia, have proposed to raise funds upto the tune of USD 4 Million by issue of Non Cumulative Compulsorily Convertible Preference Shares (CCPs-III) at specific percentage on preferential basis. The Board shall finalise the terms and conditions of the said issue and the list of allottees at subsequent meeting.