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Choksh Infotech Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 14, 2008, Mr. Arikatla Srinivasa Reddy and Mrs. D malathy has been appointed as additional director on the Board of the Company.

Mr. A Srinivasa Reddy has been appointed as the Vice chairman and Managing Director of the Company with effect from July 14, 2008.

Mr. Vijay S Chokshi has resigned as Managing Director of the Company and however will continue as wholetime director of the Company.

Saffron Capital Advisors Pvt Ltd (”Manager to the Offer”) on behalf of Mr. Arikatla Srinivasa Reddy (”Acquirer”) & Mr. Bhimavarapu Surender Reddy & Mrs. D Malathy (”PACs”) has issued this Post Offer Public Announcement to the shareholders of Choksh Infotech Ltd (”Target Company”), which is in continuation of & should be read in conjunction with the Public Announcement (”PA”) dated April 17, 2008, Revised Public Announcement dated May 30, 2008 under the Securities & Exchange Board of India (substantial acquisition of Shares & Takeovers) Regulations, 1997 and subsequent amendments thereto, to acquire upto 20,30,000 equity shares of Rs 10/- each, representing 20.00% of the Post Issue share capital (20.17% of the Post Issue Voting Rights) of Target Company at a price of Rs 10/- (Rupees Ten only) per fully paid up equity share and Rs 5/- (Rupees Five only) per partly paid up equity share payable in cash are as under:

Details of Acquisition:

*includes shareholding of Existing Promoters as they are reclassified under Public Category on completion of Open Offer

Choksh Infotech Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 25, 2008, inter alia, to consider the following:

1. Audited results for the year ended March 31, 2008.

2. Allotment of 71,50,000 Equity Shares on Prereferential basis as approved by the EGM held on May 15, 2008.

Saffron Capital Advisors Pvt Ltd (”Manager to the Offer”) on behalf of Mr. Arikatla Srinivasa Reddy (”Acquirer”) & Mr. Bhimavarapu Surender Reddy & Mrs. D Malathy (”PACs”) has issued this Corrigendum to the Public Announcement to the Equity shareholders of Choksh Infotech Ltd (”Target Company”), Which is in continuation of and should be read in conjunction with the Pubic Announcement (”PA”) dated April 17, 2008, pursuant to Regulations 10 & 12 in compliance with the Securities & Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations 1997 and subsequent amendments thereto (”SEBI (SAST) Regulations”).

The shareholders of the Target Company are requested to note the following amendments with respect to the PA:

1. Details of Acquirer & Person Acting in Concert:

We have included Mr. Bhimavarapu Surender Reddy & Mrs. D Malathy as Persons Acting in Concert (PACs) alongwith the Acquirer as they are the other shareholders of Ajel Technologies India Pvt Ltd (”Ajel”) and will be receiving shares of Target Company on a share swap basis as per the terms of the Agreement.

2. The Offer Price remains same as Rs 10/- (Rupees Ten Only) per fully paid-up share and Rs 5/- per partly paid-up share. The Offer price of Rs 5 per partly paid-up share has been calculated as per Regulation 20(10) as the difference between the Offer Price (i.e. Rs 10 per share) and amount due towards calls in arrears (i.e. Rs 5 per share). There is no interest payable on Calls in arrears.

All other terms and conditions of the offer remain unchanged.

The terms not defined herein will have the same meaning as defined in PA.

Choksh Infotech Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on May 15, 2008, have approved the following:

1. Increase in Authorised Capital of the Company from 3 Crores to 12 Crores.

2. Alteration of Articles of Association of the Company by inserting Article 7A.

3. Further issue of shares on preferential basis Mr. Arikatla Srinivasa Reddy and his relatives.

Saffron Capital Advisors Pvt Ltd (”Manager to the Offer”) on behalf of Mr Arikatla Srinivasa Reddy (”Acquirer”) has issued this Public Announcement (”PA”) to the shareholders of Choksh Infotech Ltd (”Target Company”), pursuant to Regulations 10 & 12 in compliance with the Securities & Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations 1997 and subsequent amendments thereto (”SEBI (SAST) Regulations”).

The Offer

Acquirer is making an Offer to the Public Shareholders of Target Company to acquire up to 20% (or 20,30,000 equity shares) of the Post Issue Capital (20.17% of the Post Issue Voting Rights) at a price of Rs 10/- (Rupees Ten only) per Fully paid up Share & Rs 5/- per Partly paid-up share (computed as Offer Price reduced by calls in arrears of Rs 5/- per share) (”Offer Price”) payable in cash (”Offer”) subject to the terms & conditions mentioned in PA.

Schedule of Activities:

Specified Date - May 16, 2008

Date of Opening of the Offer - June 06, 2008

Date of Closing of the Offer - June 25, 2008

Choksh Infotech Ltd (CIL) has informed BSE that the Board of Directors of the Company at its meeting held on April 12, 2008, has approved the following:

1. Issue of Equity shares on preferential basis to all the existing shareholders (100%) of Ajel Technologies India Pvt Ltd (ATIPL) on Share Swap basis. All the existing shareholder’s will exchange their existing 7,50,000 equity shares of ATIPL for the fresh 71,50,000 shares being issued by Choksh Infotech Ltd on the exchange ratio of 143 shares of CIL for every 15 shares held in ATIPL. In view of this transaction, Choksh Infotech Ltd will own 100% of Ajel India and its wholly owned subsidiary in USA Ajel Technologies Inc.,

2. Ajel Technologies on a consolidated basis has posted revenues of Rs 32 Crores and has been focusing the Software Services since 2000.

3. By virtue of this share swap model, Mr. Srinivasa Reddy Arikatla will become the major shareholder of Choksh Infotech, post allotment, and hence will go through the SEBI Takeover guidelines in this regard.

4. Increase of Authorised Capital of the Company from Rs 3 crores to Rs 12 crores.

5. Convene Extra Ordinary General Meeting on May 15, 2008 for approval of above items.