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Aurionpro Solutions Ltd has informed BSE that pursuant to the members approval in the Extra Ordinary General Meeting of the Company, dated May 24, 2008, the Board of Directors of the Company at its meeting held on June 11, 2008, has made preferential allotment of 12,62,500 equity shares and 19,35,000 Convertible Warrants (face value Rs 10 each) at an Issue price Rs 425/-per share at a premium of Rs 415/-, being the price with respect to the Relevant Date as prescribed under the Guidelines for Preferential Issues contained in Chapter XIII of the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000, by way of private placement on preferential allotment basis to promoters, promoter group and strategic investors as detailed below:

Aurionpro Solutions Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on May 24, 2008, inter alia, have accorded to the following:

1. Authority to the Board to create, offer, issue and allot in one or more tranche or tranches Equity Shares and / or Convertible Warrants or other securities convertible into or exchangeable with equity shares (”Securities”) to be subscribed by domestic / foreign institutions, institutional investors, banks, mutual funds, insurance companies, bodies corporate, individuals or other entities, whether or not such investors are Members of the Company, under a preferential issue in such a manner and on such terms and conditions as may be determined by the Board in its absolute discretion, provided that the price of the securities so issued shall be Rs 425/- with respect to the Relevant Date i.e. April 24, 2008, determined as prescribed under the Guidelines for Preferential Issues contained in Chapter XIII of the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000 as detailed hereunder :

A. As part consideration for acquisition of Sena Systems Inc, USA :

1. Name of Applicant (Proposed Allottee) : Robert Levine (Foreign National)
- No of Equity shares of Rs 10 each proposed to be allotted : 103714
- Remark : Principal Stock holder

2. Name of Applicant (Proposed Allottee) : Maneesh Bhadari (NRI)
- No of Equity shares of Rs 10 each proposed to be allotted : 160286
- Remark : Principal Stock holder

3. Name of Applicant (Proposed Allottee) : Wizarth Advisors Pvt Ltd (Bodies Corporate)
- No of Equity shares of Rs 10 each proposed to be allotted : 11000
- Remark : Advisors

B. On cash basis, 13,35,000 Equity Shares & 19,35,000 convertible warrants to promoters, promoter group & other strategic stockholders :

1. Name of Applicant (Proposed Allottee) : Reliance Capital Ltd (Bodies Corporate)
- No of Equity shares of Rs 10 each proposed to be allotted : 500000
- No of warrants proposed to be allotted : 500000

2. Name of Applicant (Proposed Allottee) : Silgo Properties & Investments Pvt Ltd (Bodies Corporate)
- No of Equity shares of Rs 10 each proposed to be allotted : 50000
- No of warrants proposed to be allotted : 50000

3. Name of Applicant (Proposed Allottee) : KPIN Capital Advisors Pvt Ltd (Bodies Corporate)
- No of Equity shares of Rs 10 each proposed to be allotted : 25000
- No of warrants proposed to be allotted : 25000

4. Name of Applicant (Proposed Allottee) : Sandeep Daga (Individual)
- No of Equity shares of Rs 10 each proposed to be allotted : 12500
- No of warrants proposed to be allotted : 12500

5. Name of Applicant (Proposed Allottee) : Naresh Nagpal (NRI)
- No of Equity shares of Rs 10 each proposed to be allotted : 50000
- No of warrants proposed to be allotted : 50000

6. Name of Applicant (Proposed Allottee) : Kunal A Kumthekar (Individual)
- No of Equity shares of Rs 10 each proposed to be allotted : 12500
- No of warrants proposed to be allotted : 12500

7. Name of Applicant (Proposed Allottee) : Kavita Zaveri (NRI Promoter Group)
- No of Equity shares of Rs 10 each proposed to be allotted : 250000
- No of warrants proposed to be allotted : 600000

8. Name of Applicant (Proposed Allottee) : Amit Sheth (Indian Promoter)
- No of Equity shares of Rs 10 each proposed to be allotted : 100000
- No of warrants proposed to be allotted : 200000

9. Name of Applicant (Proposed Allottee) : Arti Desai (Indian Promoter)
- No of Equity shares of Rs 10 each proposed to be allotted : 100000
- No of warrants proposed to be allotted : 100000

10. Name of Applicant (Proposed Allottee) : Vishwanath Prabhu jt with Gargi Prabhu (NRI)
- No of Equity shares of Rs 10 each proposed to be allotted : 50000
- No of warrants proposed to be allotted : 100000

11. Name of Applicant (Proposed Allottee) : Mitesh Majithia (NRI)
- No of Equity shares of Rs 10 each proposed to be allotted : 125000
- No of warrants proposed to be allotted : 125000

12. Name of Applicant (Proposed Allottee) : Kashyap Mehta jt with Neha Samir Shah (NRI)
- No of Equity shares of Rs 10 each proposed to be allotted : 60000
- No of warrants proposed to be allotted : 160000

2. Increase in Authorised Share Capital of the Company from Rs 14,00,00,000/- (Rupees Fourteen Crores Only) consisting of 1,40,00,000 Equity Shares of Rs 10/- (Rupees Ten Only) each to Rs 18,00,00,000/- (Rupees Eighteen crows Only) consisting of 1,80,00,000 Equity Shares of Rs 10/- (Rupees Ten Only) each, and consequential amendments in Memorandum of Association of the Company.

With reference to the earlier announcement dated on April 25, 2008, regarding EGM on May 24, 2008, Aurionpro Solutions Ltd has now informed BSE regarding the following change in the name of proposed allottee as approved by the Board by way of Circular resolution passed on May 14, 2008:

The proposed allotment of 100000 equity shares and 100000 preferential warrants to be made on cash basis to “Mr. Sanjay Desai” is now proposed to be made to, “Arti Desai” instead of, “Sanjay Desai” In the ensuing Extra Ordinary General Meeting to be held on May 24, 2008.

Aurionpro Solutions Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on May 24, 2008, inter alia, to transact the following business:

1. To create, offer, issue and allot in one or more tranche or tranches Equity Shares and / or Convertible Warrants or other securities convertible into or exchangeable with equity shares (”Securities”) to be subscribed by domestic / foreign institutions, institutional investors, banks, mutual funds, insurance companies, bodies corporate, individuals or other entities, whether or not such investors are Members of the Company, under a preferential issue in such a manner and on such terms and conditions as may be determined by the Board in its absolute discretion, provided that the price of the securities so issued shall not be less than the price with respect to the Relevant Date i.e. April 24, 2008, as prescribed under the Guidelines for Preferential Issues contained in Chapter XIII of the Securities and Exchange Board of India (Disclosure and Investor Protection). Guidelines, 2000 as detailed hereunder :

A. As part consideration for acquisition of Sena Systems Inc, USA :

1. Name of Applicant (Proposed Allottee) : Robert Levine (Foreign National)
- No of Equity shares of Rs 10 each proposed to be allotted : 103714
- Remark : Principal Stock holder

2. Name of Applicant (Proposed Allottee) : Maneesh Mehra (NRI)
- No of Equity shares of Rs 10 each proposed to be allotted : 160286
- Remark : Principal Stock holder

3. Name of Applicant (Proposed Allottee) : Wizarth Advisors Pvt Ltd (Bodies Corporate)
- No of Equity shares of Rs 10 each proposed to be allotted : 11000
- Remark : Advisors

B. On cash basis, 14,35,000 Equity Shares & 19,85,000 convertible warrants to promoters, promoter group & other strategic stockholders :

1. Name of Applicant (Proposed Allottee) : Reliance Capital Ltd (Bodies Corporate)
- No of Equity shares of Rs 10 each proposed to be allotted : 500000
- No of warrants proposed to be allotted : 500000

2. Name of Applicant (Proposed Allottee) : Silgo Properties & Investments Pvt Ltd (Bodies Corporate)
- No of Equity shares of Rs 10 each proposed to be allotted : 50000
- No of warrants proposed to be allotted : 50000

3. Name of Applicant (Proposed Allottee) : KPIN Capital Advisors Pvt Ltd (Bodies Corporate)
- No of Equity shares of Rs 10 each proposed to be allotted : 25000
- No of warrants proposed to be allotted : 25000

4. Name of Applicant (Proposed Allottee) : Sandeep Daga (Individual)
- No of Equity shares of Rs 10 each proposed to be allotted : 12500
- No of warrants proposed to be allotted : 12500

5. Name of Applicant (Proposed Allottee) : Naresh Nagpal (NRI)
- No of Equity shares of Rs 10 each proposed to be allotted : 50000
- No of warrants proposed to be allotted : 50000

6. Name of Applicant (Proposed Allottee) : Kunal A Kumthekar (Individual)
- No of Equity shares of Rs 10 each proposed to be allotted : 12500
- No of warrants proposed to be allotted : 12500

7. Name of Applicant (Proposed Allottee) : Kavita Zaveri (NRI Promoter Group)
- No of Equity shares of Rs 10 each proposed to be allotted : 250000
- No of warrants proposed to be allotted : 600000

8. Name of Applicant (Proposed Allottee) : Amit Sheth (Indian Promoter)
- No of Equity shares of Rs 10 each proposed to be allotted : 100000
- No of warrants proposed to be allotted : 200000

9. Name of Applicant (Proposed Allottee) : Sanjay Sheth (Indian Promoter)
- No of Equity shares of Rs 10 each proposed to be allotted : 100000
- No of warrants proposed to be allotted : 100000

10. Name of Applicant (Proposed Allottee) : Vishwanath Prabhu (NRI)
- No of Equity shares of Rs 10 each proposed to be allotted : 100000
- No of warrants proposed to be allotted : 100000

11. Name of Applicant (Proposed Allottee) : Mitesh Majithia (NRI)
- No of Equity shares of Rs 10 each proposed to be allotted : 125000
- No of warrants proposed to be allotted : 125000

12. Name of Applicant (Proposed Allottee) : Neha Samir Shah (NRI)
- No of Equity shares of Rs 10 each proposed to be allotted : 60000
- No of warrants proposed to be allotted : 160000

13. Name of Applicant (Proposed Allottee) : Lim Bak Shah (NRI)
- No of Equity shares of Rs 10 each proposed to be allotted : 50000
- No of warrants proposed to be allotted : 50000

2. To increase in Authorised Share Capital of the Company from Rs 14,00,00,000/- (Rupees Fourteen Crores Only) consisting of 1,40,00,000 Equity Shares of Rs 10/- (Rupees Ten Only) each to Rs 18,00,00,000/- (Rupees Eighteen crows Only) consisting of 1,80,00,000 Equity Shares of Rs 10/- (Rupees Ten Only) each, and consequential amendments in Memorandum of Association of the Company.

Aurionpro Solutions Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on May 24, 2008, inter alia, to transact the following business:

1. To consider Preferential Issue of 17,10,000 Equity shares and 19,85,000 Convertible Warrants at an issue price determined in accordance with the prevailing SEBI (Disclosure and Investor Protection) Guidelines, 2000 with respect to the Relevant Date i.e. April 24, 2008.

2. To consider alteration in Memorandum of Association with respect to increase in
Authorised Share Capital from Rs 14,00,00,000/- consisting of 1,40,00,000 Equity Shares of Rs 10/- each to Rs 18,00,00,000/- consisting of 1,80,00,000 Equity shares of Rs 10/- each.

Aurionpro Solutions Ltd has announced that it is investing a strategic stake in Maryland-based XTS, an innovator of enterprise management analytics software for planning and managing Citrix and other virtualization platforms through Aurionpro Solutions INC, wholly owned subsidiary in US.

Aurionpro has been the sole development provider for XTS since 2004, enabling the Company to create an award winning, enterprise-class reporting and analytics solution for a growing customer base throughout the world. As a part of partnership, Aurionpro extended the offshore development contract for a longer term. In addition to the investment, Mr. Samir Shah, Managing Director or Aurionpro Solutions INC, a wholly owned subsidiary in US, has been appointed on the Board of Directors of XTS.

Aurionpro Solutions Ltd on March 03, 2008 has announced that the Company has entered into an agreement to acquire SENA Systems Inc (SENA). In the board meeting held on March 03, 2008, Company has also unveiled plans to raise up to Rs 150 crores through preferential allotment to Promoters including Promoter Group and strategic investors.

SENA SYSTEMS INC.

Aurionpro will acquire SENA, Headquartered out of Metro park, N.J, USA and with offshore delivery center in Pune. SENA is focused on an Identity and Access Management (I&AM) space catering mainly to securities needs of BFSI sector. SENA provides the full spectrum of services to enable its customers to plan, assess, select, implement and integrate complete I&AM implementations and has team of over 80 people mainly in USA and India.

Mr. Amit Sheth, Managing Director of AurionPro said, “SENA has an excellent client portfolio & team with deep domain knowledge in the BFSI sector and with large banks as customers in American market. This will expand our customer base significantly and also strengthen our support capability in the North American market. This acquisition will also help us expand our customer offerings significantly in Asia, besides expanding our foot print to Japanese market”. He further commented that, “There is a great cross selling opportunity within existing customers of SENA and aurionpro. SENA will provide aurionpro access to large US banks for it’s niche electronic payment practice in US and will help expanding SENA’s operations where we have established infrastructure and delivery capabilities, particularly in, Middle East Asia and Europe.”

Elaborating further Mr. Sheth said AurionPro will benefit from large and reputable banking and finance clients of SENA with more than 250 I&AM engagements with Fortune 500 Companies and its extensive knowledge of Financial Services industry. SENA’s vendor neutral approach will help Aurionpro’s clients in matching the right technology with the right solution. SENA’s in-depth knowledge of the leading application security products is combined with real-world experience in enterprise deployments. In addition to strengthen security features of its product portfolio, this will help Aurionpro in offering integrated products to the customer quickly across the region and to expand it to other markets like Japan, US East Coast and UK. Elaborating further Mr. Sheth said, there also exist a great synergy in integrating SENA’S offshore capabilities with aurionpro to derive strong cost benefits and to quickly ramp up SENA’s offshore capabilities.

The transaction is subject to obtaining necessary regulatory approvals and reaching definitive agreements for stock purchase and management contracts.

FUND RAISING

Commenting on plans to raise about Rs 150 crs. Mr. Amit Sheth said aurionPro is growing aggressively and has ambitious plans to capture market leadership position in Asia and to expand its products and services offerings across Europe & USA in coming quarters. Funds will be raised to repay the loans, expand deliver capabilities and capital towards further acquisitions and joint ventures.

Elaborating further Mr. Sheth said, funds will be raised through preferential allotment to Promoters including Promoter Group and other strategic investors and the process is expected to be completed in next 45 to 60 days subject to shareholders approval.

Aurionpro Solutions Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 19, 2008 to make preferential allotment of 2,25,000 shares to 49% shareholders of E2E Infotech Ltd against swap of 4,900 shares of E2E Infotech Ltd as part of closure of Share Purchase Agreement dated September 30, 2007.