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
 systems,
 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
 Prospectus.
 
 History and Major Events
 
 The chronology of events since the Company was incorporated in
 August
 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
 IDBI
 
 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
 CompuCredit
 
 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
 immediately
 
 April 2002             Setting up of 400 seats at Velachery,
 Chennai.
 
 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.
 
 2005
 
 -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.
 
 2008
 
 -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.
 
 2009
 
 -Allsec Technologies has appointed Mr. A. Mohan Kumar as Company
 Secretary  and Compliance Officer of the Company.
 
 2010
 
 -Mr. K. Narasimhan has been appointed as the Chief Financial Officer
 (CFO) of the Company.
 
 2011
 
 -Mr. Manish Gaur has been nominated as a Director on the Board of the
 Company
 
 2013
 
 - 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
 Company.
 
 2014
 
 - 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

  • Q1 RESULTS TODAY : L&T के Q1 नतीजे आज आएंगे
  • Q1 RESULTS TODAY : HUL के Q1 नतीजे आज आएंगे
  • Q1 RESULTS TODAY : Zee Ent के Q1 नतीजे आज आएंगे
  • Q1 RESULTS TODAY : Bayer Crop , CRISIL के Q1 नतीजे आज आएंगे
  • Q1 RESULTS TODAY : DCM Shriram, Everest Ind के Q1 नतीजे आज
  • Q1 RESULTS TODAY : HDFC Life, IOB, JK Paper के Q1 नतीजे आज
  • Q1 RESULTS TODAY : M&M Finance, Niit Tech के Q1 नतीजे आज
  • Q1 RESULTS TODAY : Praj Ind, SBI Life, Torrent Pharma
  • VIJAY MALLYA CASE : विजय माल्या संपत्ति घोषित करें: ब्रिटेन कोर्ट
  • 5PAISA CAPITAL : राइट्स इश्यू आज खुलेगा, आखिरी तारीख 6 अगस्त

अभी देखें

प्रॉपर्टी गुरु

OUR WINNING PICKS

DID YOU INVEST?

INTRADAY PICKS!

(August 06, 2018)

AT (Rs)



GAIN (Rs)

ALL TIME WINNERS

RECO PRICE

PEAK PRICE

OUR PACKAGES

Super Combo

Powerful mix of both trader and investor packs with timely expert advice.

Technical

Designed especially for traders looking to tap the profit opportunities of volatile markets.

Fundamental

For all investors looking to unearth stocks that are poised to move.