Cambridge Technology Enterprises : Restructuring

February 11, 2022
To,	To,
Corporate Relationship Department,	The Listing Department,
BSE Limited	National Stock Exchange of India Ltd
Phiroze Jeejeebhoy Towers,	Exchange Plaza, Plot No/C/1, G Block
Dalal Street,	Bandra Kurla Complex, Bandra (East),
Mumbai - 400 001	Mumbai - 400 051
Dear Sir,

Sub: Restructuring of Step Down Subsidiaries.

Ref: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

We wish to inform you that the Board of Directors at its meeting held today i.e., February 11, 2022 has inter-alia, considered and approved the following:

Transfer of Cambridge Innovation Capital LLC and Cambridge Biz Serve Inc., wholly owned subsidiaries of the Cambridge Technology Inc and wholly owned step down subsidiaries of the Company to Cambridge Technology Investments Pte Ltd., another wholly owned subsidiary of the Company as may be permitted under applicable laws of the host country(ies) in which the respective Subsidiaries of the Company is/are incorporated.

The said transfer is subject to applicable laws of the host country i.e., USA, Singapore and Philippines in which the respective Subsidiaries of the Company is/are incorporated, and approvals, if any, of Board of Directors or Shareholders of the respective Subsidiaries of the Company.

The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations,

2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 are given below:

	a) Details of restructuring;	Presently Cambridge Technology Inc., USA, Wholly Owned
			subsidiary of the Company have two Wholly Owned
			Subsidiaries i.e., Step Down Subsidiaries to Company as
			following:
			1. Cambridge Innovation Capital LLC., USA
			2. Cambridge Biz Serve Inc., Philippines
			The said Step Down Subsidiaries are proposed to be
			transferred to Cambridge Technology Investments Pte.
			Ltd., Singapore, another Wholly Owned Subsidiary of the
			Company.
	b) Reason for restructuring	The said Step Down Subsidiaries are being transferred for
			operational and administrative convenience
	c) Quantitative and/	or Qualitative	There is no quantitative and/or qualitative effect of the
	effect of restructuring;		above said restructuring. Further, on a consolidated level,
			there is no effect of the said restructuring as Cambridge
			Innovation Capital LLC and Cambridge Biz Serve Inc will still
			remain as wholly owned step down subsidiaries of the
			Company.
Registered & Corporate Office:
Cambridge Technology Enterprises Limited	Bengaluru		Mumbai	Chennai
Unit No 04 - 03, Level 4, Block 1	91 Springboard Business Hub Pvt Ltd, 4th	Level 4, A Wing, Dynasty Business	AMARA SRI, situated at old No:
Cyber Pearl, Hitec City, Madhapur	Floor, #175 & #176, Dollars Colony, Phase 4,	Park Andheri Kurla Road, Andheri	313, New No: 455, Block No: 75,
Hyderabad - 500 081, Telangana, India.	JP Nagar, Bannerghatta Main Road,	(E) Mumbai - 400 059,	7th floor, Anna Salai Teynampet,
Tel:[phone]	Bengaluru - 560 076, Karnataka, India.	Maharashtra, India.	Chennai 600018, Tamilnadu,
Fax:[phone]	Tel: [phone]	Tel:[phone]	India
Email id: [e-mail]	Fax:[phone]	Fax:[phone]	Tel: [phone]
CIN: L72200TG1999PLC030997		www.ctepl.com

d) Details of benefit, if	any, to	the	Not Applicable
promoter/promoter	group/group
companies	from	such	proposed
restructuring;
e) Brief	details	of	change	in	Presently Cambridge Technology Inc., Wholly Owned
shareholding pattern (if	any) of	all	Subsidiary of the Company holds 100% shares of
entities.					Cambridge Innovation Capital LLC and Cambridge Biz Serve
					Inc. Pursuant to the said transfer, Cambridge Technology
					Investments Pte. Ltd., Wholly Owned Subsidiary of the
					Company will hold 100% shares in Cambridge Innovation
					Capital LLC and Cambridge Biz Serve Inc.

Thanking you,

Yours faithfully,

For Cambridge Technology Enterprises Limited

ASHISH BHATTAD

Digitally signed by ASHISH BHATTAD Date: 2022.02.11 18:44:02 +05'30'

Ashish Bhattad

Company Secretary & Compliance Officer

M. No. A34781

Registered & Corporate Office:
Cambridge Technology Enterprises Limited		Bengaluru	Mumbai	Chennai
Unit No 04 - 03, Level 4, Block 1		91 Springboard Business Hub Pvt Ltd, 4th	Level 4, A Wing, Dynasty Business	AMARA SRI, situated at old No:
Cyber Pearl, Hitec City, Madhapur		Floor, #175 & #176, Dollars Colony, Phase 4,	Park Andheri Kurla Road, Andheri	313, New No: 455, Block No: 75,
Hyderabad - 500 081, Telangana, India.		JP Nagar, Bannerghatta Main Road,	(E) Mumbai - 400 059,	7th floor, Anna Salai Teynampet,
Tel:[phone]		Bengaluru - 560 076, Karnataka, India.	Maharashtra, India.	Chennai 600018, Tamilnadu,
Fax:[phone]		Tel: [phone]	Tel:[phone]	India
Email id: [e-mail]		Fax:[phone]	Fax:[phone]	Tel: [phone]
CIN: L72200TG1999PLC030997		www.ctepl.com