1. The Board of directors approved the proposal to list the Company's American
Depositary Shares (ADSs) on the European platform of the NYSE Euronext Group with
Amsterdam as an entry paint into the EU capital markets under the fast-path
cross-listing, globally the first of its kind. Upon listing, the Company's existing ADSs
will trade on one single cross-border trading platform with connectivity to the
European stock exchanges of Amsterdam, Brussels, Lisbon, and Paris, in addition to
trading on the NYSE in the US.
2. The Board of directors approved the proposal for the acquisition of M/s. Bridge
Strategy Group LLC (Bridge) a US based Company specializing in providing Strategy
and Management Consulting Services to various large clients in different industry
segments. The maximum purchase consideration will be US$ 35 million in an all cash
transaction and has been structured into three parts — an initial payment, a deferred
payment and a contingent payment and upon consummation, Bridge will be a wholly
owned subsidiary of the Company.
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