ऑलसेक टेक्नॉलजी > कंपनी इतिहास > Computers - Software Medium & Small > कंपनी इतिहास का ऑलसेक टेक्नॉलजी - बीएसई: 532633, NSE: ALLSEC

ऑलसेक टेक्नॉलजी

बीएसई: 532633  |  NSE: ALLSEC  |  ISIN: INE835G01018  |  Computers - Software Medium & Small

कंपनी इतिहास - ऑलसेक टेक्नॉलजी
Allsec Technologies Limited (`Allsec' or the `Company') was
 incorporated on August 24, 1998 as a limited company under the
 Companies Act, 1956. The Company is engaged in the business of
 providing IT enabled services. The services provided by the Company
 include data verification, processing of orders received through
 telephone calls, telemarketing, monitoring quality of calls of other
 call centers, customer services and HR and payroll processing for
 domestic companies. The Company has also invested in a wholly owned
 subsidiary in USA for the purpose of carrying out marketing
 activities for the Company
 The Company was incorporated on August 24, 1998 under the Companies
 Act, 1956 and was issued Certificate for Commencement of Business on
 October 16, 1998. The registration number assigned to the Company on
 incorporation is 18-41033 of 1998.
 Main Objects of the Company
 1. To design, develop, market and implement computer software
 packages for clients in India and abroad and to acquire the necessary
 equipments - hardware and software and related know-how, locally or
 from overseas.
 2. To offer and undertake professional services in India and abroad
 in the areas of management, computer and information technology and
 communication services, database services, internet and intranet
 services including consultancy, system study and analysis,
 recruitment, training, placements, information processing,
 maintenance and ail other services arising out of technological
 advancements in these areas.
 3. To buy, sell, market, lease or deal in all manner computer
 hardware, software, peripherals, communication equipments, computer
 accessories, training materials, components, spare parts and other
 electronic items in India and abroad, including internet and intranet
 satellites and the like and such other products arising out of
 technological advancements in these areas.
 4. To engage in research and development activities relating to
 management, computer and information technology areas.  
 Changes in Memorandum of Association
 The main objects clause and the objects incidental or ancillary to
 the main objects of our Memorandum of Association enable us to
 undertake our existing activities and the activities for which the
 funds are being raised through this Issue.
 Since our incorporation, the following changes have been made to our
 Memorandum of Association (MOA):
 Date of shareholder approval   Changes
 EGM dated March 20, 2000       Increase in authorized share capital
 and amendment to MOA
 EGM dated August 31, 2000      Increase in authorized share capital
 and amendment to MOA
 EGM dated April 3, 2002        Increase in authorized share capital
 and amendment to MOA
 EGM dated January 14,2005      Increase in authorized share capital
 and amendment to MOA
 The details of the capital raised by the Company are given in the
 section titled Capita! Structure on page 18 of this Red Herring
 History and Major Events
 The chronology of events since the Company was incorporated in
 24, 1998 is as follows:
 Year                   Key Events, Milestones and Achievements
 August 1998            Incorporation of the Company
 February - July 2000   Setting up of 100 seat facility at R. A.
 Puram, Chennai.
 September 2000         First round of venture capital funding from
 September 2000         Incorporation of Allsectech Inc., our 100%
 owned subsidiary in USA
 November 2000          Contracted with our first client
 January 2001           Commercial outsourcing operation started at R.
 A. Puram facility
 February 2001          Entered into outsourcing contract with
 March 2001 onwards     Started operation for CompuCredit processes
 August 2001            Setting up of TNPL Facility
 October 2001 onwards   Commencement of processes in TNPL Facility
 March 2002             Second round of funding
 March - August 2002    Expansion of R. A. Puram facility from 100
 seats to 150 seats completed and facility was operational
 April 2002             Setting up of 400 seats at Velachery,
 September 2002  Commencement of quality assurance pilot for a Fortune
 100 PC manufacturing company
 January 2003           Ramp up of quality assurance Process
 January 2003           Received ISO 9001:2000 certification
 November 2003          Strategic alliance with CompuCredit
 December 2003          HR payroll processing for a global IT
 consulting company, India
 March 2004             First technical support process started
 January 2005           Revised strategic agreement with CompuCredit.
 Shareholder Agreements
 The Company along with our Promoters (Mr. A. Saravanan and Mr. R.
 Jagadish), Euronet LLC (El) and Kotak Mahindra Venture Capital Fund
 (KMVCF, through its trustee Kotak Mahindra Private Equity Trustee
 Limited) entered into a Subscription Cum Shareholders Agreement (SSA)
 on April 8, 2002. Pursuant to this SSA, 55,000 Equity Shares and
 1,332,250 Cumulative Convertible Preference Shares (CCPS) were
 allotted to El and KMVCF for a total subscription amount of Rs.
 134,875,000 (in two equal tranches). The SSA governs the rights and
 obligations of the parties, inter alia prescribing the basis for
 conversion of the CCPS, conditions precedent, representations and
 warranties, creation of a Management Stock Option Plan (MSOP),
 procurement of term debt facilities, pre-emptive rights of El and
 KMVCF (including a Right of First Refusal, Tag Along Rights, Drag
 Along Rights and buyback options), rights to nominate Directors on
 the Board and certain Committees, corporate actions requiring the
 affirmative vote of El and KMVCF and other operational issues. The
 aforesaid provisions of this SSA will no longer be valid and shall
 automatically terminate upon the completion of this Issue.
 -Allsec Technologies acquires Bangalore-based B2K Corporation
 -Allsec Technologies Limited has informed that Mr.Dilipkumar B Patel,
 company's Director has resigned from the Board of Directors of the
 Company and his resignation was recorded by the Board in its meeting
 held on October 19,2006.
 -Allsec Technologies Ltd has has appointed Mr. Mahesh Parasuraman the
 nominee of the Investor M/s. First Carlyle Ventures Mauritius as
 additional director of the Company.
 -Allsec Technologies has appointed Mr. A. Mohan Kumar as Company
 Secretary  and Compliance Officer of the Company.
 -Mr. K. Narasimhan has been appointed as the Chief Financial Officer
 (CFO) of the Company.
 -Mr. Manish Gaur has been nominated as a Director on the Board of the
 - Mr. A. Saravanan & Mr. R. Jagadish have been reappointed as Whole
 Time Directors of the Company 
 - Appointed Mr. Krishnakumar Srinivasan as Additional Director of the
 - Mr. S. Prem Kumar has been appointed as an Additional Director and
 designated as Non Executive Independent Director of the Company.
 - Appointment of Mr. T. Anantha Narayanan, Director as Chairman of
 the Company.
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `459.22 की खरीदारी की
  • MARKET CUES : DIIs ने कैश में `74.93 Cr की खरीदारी की
  • MARKET CUES : FIIs ने F&O में `1389.27 Cr की खरीदारी की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `15.30 Cr की खरीदारी
  • MARKET CUES : इंडेक्स ऑप्शंस में `683.05 की खरीदारी की
  • MARKET CUES : स्टॉक फ्यूचर्स में `667.26 Cr की खरीदारी
  • MARKET CUES : स्टॉक ऑप्शंस में `23.66 Cr की खरीदारी
  • IN F&O BAN : F&O बैन में Yes Bank शामिल
  • CS ON DR REDDY’S : Outperform रेटिंग, लक्ष्य `3,055/Sh
  • MS ON SUN PHARMA : Overweight रेटिंग, लक्ष्य `530/Sh

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(August 06, 2018)

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