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BLS Infotech > Company History > Computers - Software Medium/Small > Company History of BLS Infotech - BSE: 531175, NSE: N.A
BLS Infotech
BSE: 531175|ISIN: INE606B01022|SECTOR: Computers - Software Medium/Small
Apr 17, 15:14
BLS Infotech is not listed on NSE
Company History - BLS Infotech
 1985 - The Company was originally incorporated as a Private Limited
 Company on 13th March,
              in the name of Appu Industries Pvt. Ltd. under the
 Companies Act, 1956 and Company as
              such became a Public Limited Company within the meaning
 of Section 3(1)(iv) of the Act.
 1993 - The name of the Company was changed to Appu Industries Ltd. on
 and from October 19th,
              and a fresh certificate of incorporation was issued to
 that effect.
           - The Company provides industry relevant courses both for
 professionals and students.
               It is the largest franchisee of Computer Point Ltd.
            - The Company has conducted courses in DOS, Wordstar,
 D-Base, Lotus and other
               application packages depending on the requirements of
 each Company.
            - The R & D division of the Company is mostly engaged in
 developing integrated, custom
              built packages for corporates.  Software development is
 in the areas of accounting, inventory
              control, production planning and control, CPM/PERT
 analysis, etc. 
            - The Company has entered in to a MOU with Computer Point
 Ltd. (CPL) the salient features of
              which are as under:
 1995 - During the year, the Company had entered the capital market
 with a Public Issue of
              40,50.000 No. of Equity Shares of Rs. 10/- each issued
 at premium of Rs. 10/- per share
              aggregating to Rs. 810 Lacs.
            - Shri Suresh retire by rotation and being eligible offer
 himself for re-appointment.
 1996 - Shri D K Saraogi retires by rotation and being eligible offer
 himself re-appointment.
            - Smt. Lata Jain, Director of the company has since
 resigned from the Board of Directors
              for personal reasons.
 1998 - Mr. P.K. Bagaria director of the company retires by rotation
 at the forth coming Annual
              General Meeting and being eligible, he offers himself
 for re-appointment.
            - Mr. B.L. Jain resigned from the office of Director on
 personal ground and the Board places
              on record its sincers appreciation of the invaluable
 services rendered by Mr. Jain during the
              tenure of his office.
 1999 - The Company has expanded its activities to a great extent to
 avail of the opportunities coming
               its way and in the process the company is facing a
 serious liquidity Crunch.
             - During the year under review, Mr. N. H. Bhatter a
 nominee of SICOM have since resigned from
               the Board of Director.
             - Mr. D. K. Saraogi, retires by rotation at the forth
 coming Annual General Meeting and be being
               eligible, offers himself for reappointment.
 2001 - Allotment of 25,00,000 No. of equity shares of Rs 10 each at a
 premium of Rs 2.50 per
             share in exchange of warrants A in terms of the
 preferential allotment of 25,00,000 No. of
             equity shares made on March 7.
 -Company has splits its Face value of Shares from Rs 10 to Re 1
 -The Company has issued Bonus Shares in the Ratio of 3:8.
 -Company has changed its name from Brels Infotech Ltd. to BLS
 Infotech Ltd.  
Source : Dion Global Solutions Limited
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