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ऑलटस इंडिया > कंपनी इतिहास > Computers - Hardware > कंपनी इतिहास का ऑलटस इंडिया - बीएसई: 500007, NSE: ALTOS

ऑलटस इंडिया

बीएसई: 500007  |  NSE: ALTOS  |  ISIN:  |  Computers - Hardware

कंपनी इतिहास - ऑलटस इंडिया
YEAR                       EVENTS
 1982 - The Company was Incorporated on 25th September, as a private
        limited company and converted into a public limited company
 on
        1st June, 1983.  The Company was promoted by Dadan Bhai.  
        Presently engaged in the manufacture of personal computers
 PCXTS,
        PCAT 286, PCAT 386, PCAT 486 and engineering workstations. 
 The
        manufacturing operations of the Company are located at Okhla
        Industrial Area, New Delhi.  The Company is also implementing
 a
        project to set up facilities for the manufacture of 2,20,000
 Nos.
        per annum of Motherboards and Systemboards at Udyog Vihar, 
        Gurgaon, primarily for 100% exports.
 
      - The Company's object is to manufacture and marketing of micro
        and mini computers
 
 1991 - During September, the company issued through a prospectus 
        7,50,000 - 14% secured fully convertible debentures of Rs.115
        each of which 37,500 debentures were reserved for allotment
 on
        preferential basis to employees (only 8150 debentures taken
 up).
 
      - Balance 7,12,500 debentures and 29350 debentures not taken up
        were issued to the public (all were taken up).
 
      - Part A of Rs.60 of the face value of each debenture was to be
        converted into 2 equity shares of Rs.10 each at a prem. of
 Rs.20
        per share on the date of allotment of debentures.
 
      - Part B of Rs.55 of the face value of each debenture could be
        converted into 1 equity share of Rs.10 at a prem. of Rs.45
 per
        share after 24 months from date of allotment of debentures.
 
 1992 - 4,00,010 shares issued subscribed and paid up.  16,00,040
 bonus
        equity shares issued in prop. 4:1.  15,00,000 No. of equity 
        shares allotted on conversion of Part A.  14% fully
 convertible
        debentures.  3,550 shares forfeited.
 
 1993 - 7,50,000 No. of equity shares of Rs.10 each allotted on 
        conversion of B part of fully convertible debentures.  400
 shares
        forfeited.
 
 1994 - The Company allotted 64,72,272 No. of equity shares of Rs.10
 each
        under Rights issue at a prem. of Rs.80 per share to part
 finance
        the expansion of its existing EHTP unit at Gurgaon and for 
        setting up a printed Circuit Boards project at Calcutta.
 
      - During January/February, the company issued unsecured zero
        interest fully convertible debentures as follows:
 
      - (i) 21,25,025 debentures of Rs.80 each on Rights basis in
 prop.
        1:2 equity held (all were taken up).
 
      - (ii) 2,20,000 debentures of Rs.90 each to UTI on firm
 allotment
        basis.  Of the remaining the following were reserved for 
        allotment on preferential basis:
 
      - (i) 30,900 debentures to employees (only 27,600 debentures
 taken
        up);
 
      - (ii) 4,00,444 to Indian Financial Institutions (3,66,611 
        debentures taken up);
 
      - (iii) 4,00,444 to Indian Mutual Funds (all were taken up);
 
      - (iv) 2,00,222 FIIs (only 2,00,000 debentures taken up);
 
      - (v) 2,80,311 to NRIs (all were taken up).  Also 222 of FIIs
 were
        taken up).
 
      - Balance 6,89,901 debentures along with unsubscribed portion
 from
        preferential quota was issued to public (all were taken up).
 
      - Rs.40 of the face value of each debenture was to be converted
 
        into one equity shares of Rs.10 each at a prem. of Rs.30 per
        share on date of allotment.  Accordingly shares were
 allotted.
 
      - Rs.40 of the face value of each debenture was to be converted
 
        into 1 equity shares of Rs.10 at a prem. of Rs.30 per share
 after
        6 months from date of allotment of debentures.
 
      - 4,347,247 shares allotted due to conversion of debentures.
स्रोत: रेलीगरे टेचनोवा

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