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Moneycontrol.com India | Notes to Account > Computers - Software Medium/Small > Notes to Account from FCS Software Solutions - BSE: 532666, NSE: FCSSOFT
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FCS Software Solutions
BSE: 532666|NSE: FCSSOFT|ISIN: INE512B01022|SECTOR: Computers - Software Medium/Small
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« Mar 10
Notes to Accounts Year End : Mar '11
The Previous year figures have been regrouped/ reclassified wherever
 necessary to make them comparable with the current year figures.
 
 P.1.1 Fund raised through Global Depository Receipts (GDR''s) during the
 year.
 
 During the fiscal, the company raised USD 41.75 Million (Rs.
 1,925,000,000) through issuance of 25,000,000 GDR''s @ USD 1.67 per GDR,
 listed at Luxembourg Stock Exchange representing 50,00,00,000 Equity
 Shares of Rs. 1/- each at a price of Rs. 3.85.
 
 The details of utilization of GDR proceeds:
 
 The unutilized fund of GDR last year were Rs. 22.68 crore and funds
 raised through GDR during the year were Rs. 192.50 crore. The total
 amount of Rs. 215.18 Crores was invested in F.C.S. Software Middle East
 FZE, UAE, wholly owned subsidiary of the Company, up to March 31, 2011.
 
 P.2.3 Contingent liabilities
 
 The company has no letters of credit outstanding issued to various
 vendors as at March 31, 2011.
 
 P.2.5 Quantitative Details.
 
 The Company is engaged in the software consultancy, technical support
 services, e-learning and other related allied services. These services
 cannot be expressed in any generic unit.  Hence it is not possible to
 give the quantitative details of sales and the information as required
 under paragraphs 3, 4C and 4D of part II of Schedule VI of the
 Companies Act 1956.
Source : Dion Global Solutions Limited
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