Prism Informatics announced that the Board of Directors of the Company at its meeting held on 16 September 2016 has approved raising of funds by way of offer and issue of equity shares to existing shareholders of the Company on rights basis (rights issue). Powered by Capital Market - Live News

Prism Informatics will hold a meeting of the Board of Directors of the Company on 16 September 2016 to consider theOffer and issue equity shares to the existing share holders of the Company as on a record date, on a right basis (?Right Issue?) and to fix terms and conditions of the Right Issue, including the issue price, issue size, right entitlement ratio, fractional entitlement and record date for determining eligibility of the shareholders to whom the equity shares are to be issued under the Right Issue subject to, amongst other things, requisite sanctions and approvals.Powered by Capital Market - Live News

Net Loss of Prism Informatics reported to Rs 1.62 crore in the quarter ended June 2016 as against net loss of Rs 0.54 crore during the previous quarter ended June 2015. Sales declined 31.69% to Rs 6.64 crore in the quarter ended June 2016 as against Rs 9.72 crore during the previous quarter ended June 2015. ParticularsQuarter Ended?Jun. 2016Jun. 2015% Var. Sales6.649.72 -32 OPM %-21.84-18.52 - PBDT-1.01-1.61 37 PBT-1.06-1.69 37 NP-1.62-0.54 -200 Powered by Capital Market - Live News

Net loss of Prism Informatics reported to Rs 1.29 crore in the quarter ended June 2016 as against net profit of Rs 0.84 crore during the previous quarter ended June 2015. Sales declined 72.53% to Rs 1.00 crore in the quarter ended June 2016 as against Rs 3.64 crore during the previous quarter ended June 2015. ParticularsQuarter Ended?Jun. 2016Jun. 2015% Var. Sales1.003.64 -73 OPM %-146.00-18.96 - PBDT-0.69-0.23 -200 PBT-0.73-0.30 -143 NP-1.290.84 PL Powered by Capital Market - Live News

Prism Informatics will hold a meeting of the Board of Directors of the Company on 12 August 2016, to consider the unaudited standalone and consolidated financial results of the Company for the quarter ended 30 June 2016.Powered by Capital Market - Live News