Megasoft Ltd has informed BSE that members of the Company, by way of Postal Ballot, have passed the Ordinary Resolution under Section 293(1)(a) of the Companies Act, 1956 for transfer, sale and / or disposal of the Company`s IT Services Division known as `BlueAlly`, by majority.
The transfer of $15 million will be added to the profit margins in the coming quarter...the results will see a huge profit and a surge inthe stock...Accumulate at these levels or Rs.29.50 - 31 for a great return in october....Only for serious investors
Megasoft Ltd has now informed BSE that the Company has completed the sale / transfer of the above "BlueAlly" division, as approved by the members, w.e.f. October 01, 2009....
this is as per mmb messenger posting on this board. can we now look forward to some investor friendly decisions by management by way of spl dividend or bonus. would go a long way.
| NIFTY 
