इंफॉर्मेशन टेक्नोलॉजी > कंपनी इतिहास > Computers - Software Medium & Small > कंपनी इतिहास का इंफॉर्मेशन टेक्नोलॉजी - बीएसई: 523758, NSE: ITIL

इंफॉर्मेशन टेक्नोलॉजी

बीएसई: 523758  |  NSE: ITIL  |  ISIN: INE569A01024  |  Computers - Software Medium & Small

कंपनी इतिहास - इंफॉर्मेशन टेक्नोलॉजी
 - The Company was incorporated on 20th September, as a wholly
 owned subsidiary of M/s. Usha Rectifier Corporation (I) Ltd. &
 obtained the Certificate for Commencement of Business on 19th
 March 1977.  It became a private limited company on 9th October
 1980.  It became a public limited company on 7.10.1992.
 - The Company is engaged mainly in development and export of
 software and not in any manufacturing activity nor has it
 acquired any technology for absorption in this area.
 - The Company diversified its operations in the field of
 software development and exports, trading in ferrous and
 non-ferrous metals, payphone network and leasing.
 - The Company established a joint venture company Usha Inc. in
 California in the US.
 - Effective 21st December, the name of the Company was changed
 from Usha Services & Consultants Ltd. to Information
 Technologies (India) Ltd.
 - The Company offered 21,35,000-15% cumulative redeemable NCD of
 Rs 100 each on Rights basis in proportion 35 NCDs = 100.
 - Each equity shares held NCD has a warrant attached which
 entitles the holder to apply for 4 equity shares of Rs 10 each
 at a premium of Rs 10 per share between 6 months to 24 months
 from the date of allotment of debentures.
 - The Company entered into a strategic alliance with Tata IBM
 for providing high end IT solutions.
 - The company undertook to set up a joint venture in UK called
 ION Information Technologies Ltd., to market the Company's
 services in UK as also to bring additional software business to
 - The Company undertook development of software AT 386 & AT 486
 computers with printers and for payphones, Usha GPT phones.  The
 payphone are operated without coins.
 - 36,00,000 No. of equity shares issued, subscribed and paid up
 by promoters.  25,00,000 shares were then issued at a prem. of
 Rs 30 per share in Jan. 1993 of which 2,50,000 shares were
 reserved and allotted to Mutual Funds on preferential allotment
 basis.  Balance 22,50,000 shares issued to the public.
 24,00,100 shares issued on warrant holders exercising their
 rights.  3,900 shares forfeited.
 - The Company achieved ISO 9001 certification.  The Company's
 health care business entered into high-end neuro surgical
 disposables.  The Company entered into collaborations with
 software Solution providers.
 - 169,91,600 bonus equity shares issued in proportion 2:1.
 - The Company has established a marketing office in United
 States.  It has made a strategic alliance with Tata IBM for
 providing high end IT solutions to the Indian Industries.
 - The Software Division of the Company has been reorganised as a
 100% Export Oriented Unit (EOU) under the Software Technology
 Park (STP) Scheme of Department of Electronics.
 - Information Technology India Ltd (ITIL) has provided cellular,
 basic and international telecom services in Nepal.
 - The state is also setting up various software parks to
 provide a suitable platform for investors.
 - 8,397,562 right equity shares were issued against conversion
 of warrants.  There was also a preferential allotment of
 6,83,642 No. of equity shares.  
 - During the year the Company has allotted 61446 Equity Shares
 of Rs. 10/- each at a premium of Rs. 10/- each against
 conversion of warrants attached with 16% Non-Convertible
 Debentures issued by the Company on 17-2-1995.
 - The company has three joint ventures in place -- ITIL
 (Schweiz) AG in Switzerland and one each in Holland and Israel.
 - The company plans to apply for an internet service provider
 licence and set up its own international gateway.
 - Information Technologies (India) Limited (ITIL), a flagship of
 Group Usha, today launched the country's first portal website -
 Myusha.Com.  The website would largely cater to the Indian
 markets and Indians worldwide.
 - Information Technologies India Ltd (ITIL), the software
 company of Group Usha, announced a 1:1 bonus issue to
 shareholders.  For the year ended May 31.
 - eVentures India Holdings is setting up a wholly subsidiary to
 provide technology support, management consultancy and other
 advisory services to various information technology (IT) and
 software companies globally.
 - Trading in the equity shares shall be suspended with effect
 from April 26 on account of face value split from Rs 10 to Rs 5.
 - The Company has allotted, by way of private placement, 25,000
 No.  of equity shares (constituting 0.036 per cent of enhanced
 equity capital) of the company at Rs 2,135 to GIC on
 preferential allotment basis.
 - Advanced Training Institute for the company has launched
 computer courses in the areas of Very Large Scale, Ultra Large
 Scale Integrated, Application Specific Integrated Circuits and
 Communication Network Design.
 - The Company, a wholly-owned subsidiary company in Australia is
 to be incorporated.
 - Information Technologies India Ltd, the Usha Group company,
 has appointed Anderson Consulting to advise the company on its
 foray into the area of mobile computing.
 - The Board has decided to merge Binani Lead Ltd. with Goodwill
 Equity and Finance Ltd. a wholly-owned subsidiary.  To merge
 Munga Holdings Ltd. with Binani Cement Ltd., a wholly-owned
 - ITIL - Information Technologies (India) Limited launched a
 portal hub - indiai2l.com.
 - Informaiton Technology solution provider AGL Technologies
 Ltd., launched Exact, a windows-based off-the-shelf accounting
 software that covers general accounting, inventory, excise and
 sales tax accounting.
 - Information Technologies India Ltd. has appointed Mr. Gagan
 Oberoi Wholetime Director and Mr. Manoj Srivastava has been
 appointed as Managing Director.
स्रोत: रेलीगरे टेचनोवा

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(August 06, 2018)

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