We wish to inform you that M/s. FCS Software Solutions Limited (\Company\) has acquired 54.94% Equity Shares in M/s. Bloom Healthcare and Hospitality Management Private Limited (\Bloom\) pursuant to conversion of 7966138 0.1% Non-Cumulative Compulsorily Convertible Preference Shares of Rs.10/- each into 22305186 Equity Shares of Rs. 10/- each at the premium of Rs. 15/- each aggregating to Rs. 25/- each by the virtue of which aggregate shareholding of the Company in Bloom has raised to 71.01%.