INFO-DRIVE SOFTWARE LTD. - Closure of FCCB

Info-Drive Software Ltd has informed BSE that the Issue Management Committee of the Company at its meeting held on December 12, 2014 inter alia, have considered and approved the following :<BR><BR>1. Clouse of FCCB issue<BR><BR>2. Adoption of final offering circular and other documents related to the FCCB issue.<BR><BR>3. Authorized the issue and allotment of US$ 9,100,000 Zeno Coupon Foreign Currency Convertible bonds Convertible into Fully Paid-up Equity Shares.