Intimation of the expected closing date for the sale of IT Business Undertaking
Blue Star Infotech Ltd has informed BSE that pursuant to the Business Transfer Agreement (BTA) dated September 29, 2015, with Infogain India Private Limited for sale of the Information Technology business of the Company.The Company expects that the Closing Date pursuant to the BTA, to be December 31, 2015. Effective January 01, 2016, the IT business of the Company is expected to be conducted by Infogain India Private Limited.