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| Company History - Adam Comsof | |
1987 - The Company was incorporated on 13th January, as a public limited company and obtained certificate for commencement of business on 28-01-1987. - The company has been promoted in the assisted sector by Shri T N Dureja, A K Dureja, V K Dureja and R K Rajpal. - The company has entered into a technical collaboration agreement with Magnetic Chemical Limited, Hong Kong, for providing process know-how and engineering services, assistance in procurement of plant and machinery and commissioning of plant. - The company has set up a project for the manufacture of video housing and video cassettes and video magnetic tape. 1994 - During the year under review the company entered the capital market on 28th September, 1993 by issuing 56,00,000 No. of equity shares of Rs.10/- each for cash at part for financing part of its capital outlay. - A wholly owned subsidiary of Adam Comsof Ltd., has become a member of the National Stock Exchange of India Limited both for the debt market as well as the equity segment. 1995 - During the year Mrs. Aruna Rathi resigned as director of the company. Mr. Pradeep Rathi resigned as Managing Director on 29th November, 1994 and as a Director w.e.f. 14th August. 1997 - During the year Kolar Securities Services Ltd. ceased to Subsidiary as it went public in the month of March. - The Directors, Mr. I.S. Jain, Mr. S. Vardhan, Mr. B.H. Antia and Mr. R.B. Vaswani resigned from the Board w.e.f 23-09-96, 01-02-97, 02-07-97 and 02-07-97 respectively due to their pre-occupation. - Mr. K.M. Shenoi Director of the Company expired on 3rd January 1997 due to sudden heart attack. - The company intends to start research work on productivity of offshore software development and on employee motivation soon. 2000 - The Company has entered into an agreement with Lecco Technologies of Hong Kong to market and distribute Application Tunning Tool, namely SQL Expert. 2003 -Adam Comsof Board approves Preferential Issue -Company has appointment of Mr Vinod Hingorani as Chairman. | |
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| Source : Dion Global Solutions Limited | |
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