Syschem India - Outcome of AGM

Syschem India Ltd has informed BSE that the shareholders at the Annual General Meeting (AGM) of the Company held on September 29, 2009, inter alia, have approved the following:

1. Increase in Share Capital of the Company.

2. To issue upto 4,40,00,000 Zero Coupon Optionally Convertible Warrants to Other Bodies Corporate and Individuals other than the Promoters.