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NOTICE OF CHANGE OF CORPORATE NAME OF OVERSEAS SUBSIDIARY

2018/06/28

At a meeting of the Board of Directors held on June 26, 2018 (local time), our overseas consolidated subsidiary Accel Frontline Limited decided to change the trade name (corporate name) on the condition that this change will be approved at an extraordinary meeting of shareholders.

 

1Overview of the consolidated subsidiary

Current trade name:        Accel Frontline Limited
Location:                          First Floor, Dowlath Towers, New Door Nos. 57, 59, 61 & 63, Taylors Road, Kilpauk, Chennai - 600 010, Tamil Nadu, India.
Representative:                Chairman & Chief Executive Officer Malcolm F MehtaBusiness description:       IT infrastructure service, software service, product assurance service
Capital:                              INR 297 million (approx. 475 million yen*)

* Calculated at the exchange rate (INR 1= JPY 1.60) on June 27, 2018.

 

2. New trade name

INSPIRISYS SOLUTIONS LIMITED

 

3. Reason for change

The trade name is to be changed based on a decision to overhaul the internal system and make a fresh new start to undertake a change in business.

 

4. Schedule

Extraordinary meeting of shareholders by Postal Ballot:          June 29-July 28, 2018

Date of entry into force of trade name change (planned):        August 2018

 

Contacts
CAC Holdings Corporation, Corporate Planning Dept., Enterprise Value Up Group
E-mail: prir@cac.co.jp

 

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