Opinions: XCHANGING SOLUTIONS LTD. (BSE CODE 532616; BB CODE: XSL IN)

XCHANGING SOLUTIONS LTD. (BSE CODE 532616; BB CODE: XSL IN; CMP: 60.00)

LATEST NEWS: Xchanging Solutions Ltd has informed BSE that a meeting of the board of directors of the Company will be held on May 11, 2016, inter alia, to:

1. consider the proposed Delisting Offer and any other matters incidental thereto;

2. consider appointment of a SEBI registered merchant banker for carrying out due diligence in terms of the regulation 8(1A) (ii) of the Delisting Regulations;

3. obtain from NSE and BSE, the details of trading in shares of the Company for a period of 2 (two) years prior to the date of board meeting by top 25 (twenty five) shareholders as on the date of the board meeting convened and details of off-market transactions of such shareholders for a period of 2 (two) years and furnish the same to the SEBI registered merchant banker appointed by the Company for carrying out due diligence in terms of the regulation 8(1 A) (ii) of the Delisting Regulations;

4. consider the proposed Delisting Offer after taking into account the due diligence report obtained from the SEBI registered merchant banker in terms of regulation 8(1C) of the Delisting Regulations.

ABOUT COMPANY:

CSC (NYSE: CSC), a leading provider of next-generation technology solutions and services, announced on 5 May 2016 that it has completed the acquisition of Xchanging plc.

CSC and Xchanging together create a new leader in technology and business process services for the global insurance industry, significantly expanding CSC’s market coverage and enhancing the range of services to clients of both companies.

 

What we are

Xchanging provides technology-enabled business solutions to the global commercial insurance industry.

What we do

Xchanging brings innovation, thought leadership and passion to its customers’ businesses so as to enhance performance and value. Our values are embedded into everything we do.

What we want to be

Xchanging wants to be regarded as the best provider in its chosen markets by delivering services that are recognised for outstanding quality, reliability and innovation.

 

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