He said the company had made a presentation to the chief of the US fund and was waiting for their response. The official, who did not wish to be identified, was responding to a newspaper report on Thursday which said Banc America Equity Partners was set to acquire a 31 per cent stake in the software services company for Rs 210 crore. Banc America Equity Partners' representatives in India were not immediately available for comment. DSQ has called an EGM of shareholders on Nov 12.