California Software Company Limited has officially fixed February 05, 2026 as the record date for the First and Final Call on partly paid equity shares, following the board meeting held on January 31, 2026. The company has formally communicated this decision to both NSE and BSE in compliance with Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Outcome and Record Date Fixation

The board of directors at their meeting held on Saturday, January 31, 2026, approved the First and Final Call on partly paid equity shares and fixed the record date for determining eligible shareholders. The meeting was conducted at the company's registered office at Workflo, Greetta Towers, Industrial Estate, Perungudi, OMR Phase 1, Chennai 600096.

Stock Exchange Communication

The company has submitted formal intimation to both major stock exchanges regarding the record date fixation. The communication was signed by Krishnamoorthy Venkatesan, Company Secretary & Compliance Officer, ensuring full regulatory compliance with Regulation 42 requirements. The detailed information has been disclosed separately through the Outcome of the Board Meeting submitted to the Stock Exchanges.

First and Final Call Implementation

The First and Final Call has been approved in accordance with the terms of the Letter of Offer dated January 07, 2025, and the company's Articles of Association. The call amount of ₹7.50 represents the remaining payment required on partly paid equity shares issued under the Rights Issue.

Payment Timeline and Process

Shareholders holding partly paid equity shares as on the record date will be eligible for the First and Final Call. The company will dispatch detailed call notices to eligible shareholders with specific payment instructions, which will also be available on the company's website and stock exchange platforms.

The trading of partly paid equity shares will be suspended from February 05, 2026 after trading hours, allowing for the smooth implementation of the call money collection process. This systematic approach ensures compliance with all regulatory requirements while providing clear guidance to shareholders regarding their payment obligations.

California Software Company Limited has successfully secured shareholder approval for all five resolutions proposed in its postal ballot, including significant fundraising initiatives totaling ₹200 crores through QIP and USD 100 million through FCCBs. The results were declared on December 19, 2025, by Dr. Mahalingam Vasudevan, Managing Director, at the company's registered office.

Postal Ballot Results Overview

All five resolutions received overwhelming shareholder support with approval rates exceeding 99.97%. The voting process concluded on December 18, 2025, with 119 members participating through the e-voting platform provided by NSDL.

Approved Fundraising Initiatives

Shareholders approved the company's comprehensive fundraising strategy through multiple instruments:

QIP and FCCB Approvals

• QIP Authorization: Up to ₹200 crores through equity shares and convertible securities
• FCCB Issuance: Up to USD 100 million in Foreign Currency Convertible Bonds
• Compliance: All issuances subject to FEMA and RBI guidelines

Capital Structure Enhancement

The authorized share capital increase from ₹175 crores to ₹225 crores was approved, facilitating the proposed fundraising activities. This includes increasing equity shares from 17.10 crore to 22.10 crore shares of ₹10 each.

Voting Participation Details

Corporate Governance Approvals

Shareholders also approved enhanced investment powers under Section 186 of the Companies Act, 2013, enabling the company to make investments, provide loans, guarantees, and security beyond statutory limits. Additionally, Mr. R.S. Chandan (DIN: 08849851) was re-appointed as Independent Director for a second five-year term.

Strategic Implications

Dr. Vasudevan had earlier stated that these fundraising initiatives are designed to strengthen the company's stability and growth, delivering maximum value to stakeholders. The approved funds will support business expansion, customer acquisition, working capital requirements, and strategic growth opportunities in the software sector.

The scrutinizer's report, prepared by Mr. N. Ramanathan of S. Dhanapal Associates, confirmed the validity of all voting procedures and results, ensuring compliance with Companies Act provisions and SEBI regulations.