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Zylog Systems Ltd - Release of Pledge Shares

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With reference to earlier announcement where in JM Financial Products Ltd has informed BSE about the creation of pledge of 15,14,690 equity shares being 9.20% of the share capital of Zylog Systems Ltd in their favour, required under Regulation 7(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997. In this regard JM Financial Products Ltd has now informed that out of the pledge of above shares, 20,000 shares have been released on December 29, 2010 and the balance 14,94,690 shares (constituting 9.09% of the paid-up share capital of 1,64,46,420) continues to remain pledged with JM Financial Products Ltd.


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