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Netvista Information Technology`s board approves preferential allotment of equity shares

The board of Netvista Information Technology in its meeting on 20 November 2012 has approved to appoint J H Ghumara, Chartered Accountants as auditors to hold office from the conclusion of this Annual General Meeting till the conclusion of the next Annual General Meeting and to authorize the board of directors of the company to fix their remuneration.

The board has approved the fresh preferential allotment of 14,03,500 equity shares allotted to RDK Comupdata through Rajeev Samani as trustee on preferential basis on 02 July 1999.

Further, the board has approved the issue of preferential allotment of equity shares to promoters and non-promoters.

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