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From Date	To Date	Announcement
10-Feb-2001	NA
NA	NA	Synergy Log-In Systems Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 30, 2008, inter alia, has considered the following business: Board has approved Scheme of Arrangement. The salient features of Scheme of Arrangement areas follows: (a) Capital Reduction of the Company for writing of unproductive / unrecoverable assets. (b) Demerger of Corporate training undertaking of Globsyn Technologies Ltd into Synergy Log-in Systems Ltd. (c) Swap Ratio for Demerger: Shareholder holding 23 Equity Shares of the Globsyn Technologies Ltd will be allotted 4 Equity Shares of Synergy Log-in Systems Ltd. The Scheme of Arrangement is subject to sanction by members of the Company, High Court and other necessary approvals. 2. Demerger of Corporate training undertaking of Globsyn Technologies Ltd into the Company is subject to sanction by the respective High Courts and other necessary approvals. Synergy Log-In Systems Ltd has informed BSE that the Equity Shareholders of the Company at its Court Convened Meeting held on January 14, 2009, has approved the Scheme of Arrangement between Globsyn Infotech Ltd (formerly 'Synergy Log-In Systems Ltd') and Globsyn Technologies Ltd ('Scheme') with an amendment to the Scheme by changing the name of 'Synergy Log-in Systems Ltd' to 'Globsyn Infotech Ltd', wherever appears in the Scheme. The name of the Company has been changed from 'Synergy Log-In Systems Ltd' to 'Globsyn Infotech Ltd' pursuant new certificate of incorporation on change of name issued by Registrar of Companies, Maharashtra dated December 15, 2008. (As Per BSE Announcement Dated on 19.01.2009) Globsyn Infotech Ltd has informed BSE that the Board of Directors of the Company vide its circular resolution dated August 03, 2010 has fixed August 14, 2010 as the Record Date for the purpose of - (A) Determining the eligible shareholders / beneficial owners holding equity shares of Globsyn Infotech Ltd. who would be entitled to the allotment/issue of new equity shares pursuant to the scheme of arrangement after 50 percent reduction of paid up share capital. (B) Issuing shares to the shareholders of Globsyn Technologies Ltd. at a ratio of 23:4 pursuant to the scheme of Demerger as approved by the Hon'ble High Court of Kolkata and Mumbai. (As Per BSE Announcement Website dated on 05.08.2010) Globsyn Infotech Ltd has informed BSE that a Scheme of Arrangement under Section 391 & 394 of the companies Act, 1956 was made between Globsyn Technologies Ltd. (GTL) and Globsyn Infotech Ltd (GIL). Pursuant to the Scheme, the Corporate Trainning Division of GTL has been demerged into GIL with effect from the appointed date of April 01, 2008. As per the Capital Reduction under the Scheme, the paid up capital of GIL has been reduced to 50%. In terms of Clause 15 of the Scheme of Arrangement, Globsyn Infotech Ltd. (GIL) has also issued and allotted equity shares to the members of Globsyn Technologies Ltd. (GTL), in the ratio of 4 (Four) equity shares of Rs. 10/- each of GIL for every 23 (twenty three) equity shares of Rs. 10/- each held in GTL. Post Scheme of arrangement, the issued, subscribed and paid up capital of Globsyn Infotech Ltd stands at Rs. 637.97 lacs consisting of 63,79,732 equity shares of Rs. 10/- each fully paid up. Bikram Dasgupta, Chairman, Globsyn Group said, 'With this significant move, Globsyn's Key Strategic Business in Corporate Twinning, where majority of the Corporate Houses in IT are clients, comes into Globsyn Infotech, thus adding significant value. In the same process, GTL shareholders also benefit through this exercise, as they now have GIL Shares allotted to them' The above referred securities of Globsyn Infotech Ltd. are relisted in the exchange and will be traded with effect from September 29, 2010. (As Per BSE Announcement Dated on 29.09.2010)