Hcl Infosystems Ltd has informed the Exchange that the Committee of Directors (Securities) of the Company (the "CoD") has at its meeting held on October 16, 2009 , approved the issuance of 30555713 Equity Shares at a price of Rs 154.69 per equity Share (including a premium of Rs. 152.69 per equity share), Aggregating to Rs. 4,72,66,63,244 to Qualified Institutional Buyers , pursuant to chapter VIII of the SEBI regulations. Further the company has informed the Exchange that the CoD has passed necessary resolutions fixing the Issue closing Date for the said issue being October 16, 2009 and approving the Placement Document in this regard. Further the company has informed that the Floor Price in respect of the aforesaid Qualified Institutions Placement, based on the pricing formula as prescribed in Regulation 85 of Chapter VIII of SEBI Regulations is Rs. 154.69 per Equity Share and the Relevant Date for this purpose, in terms of Regulation 81 of Chapter VIII of SEBI Regulations is October 14, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).