1995 
 
 - Cybertech Systems And Software Limited was incorporated on 19th
 January, as a Public Limited Company under the Companies Act, 1956,
 and
 the Certificate for Commencement of Business was obtained from the
 Registrar of Companies, Maharashtra, on 31st January.
 
 - The Company is promoted by Mr. Prasad Rao Vellaturi, Mr. 
 Vishwanath
 Tadimety and Mr. Atul Agrawal, Technmocrat NRI's, based in USA and
 Mr.
 Ashok Ranade.
 
 - The main object of the Company is to undertake software
 development
 for overseas market.  The objects of the business venture is to have
 a
 base in India which would enable the company to tap the Indian
 market
 for software professionals and undertake software development for
 overseas clients and others.
 
 - The company proposes to provide on-site technical services at the
 client's location (basically in the U.S.A.), undertake turnkey
 projects
 and develop operations in India.
 
 - The Company has set a 100% Export Oriented Unit, at Mumbai, for
 providing on-site services in software development for domestic and
 international market.
 
 - The Company has also set up an Advanced Learning Center based in
 Mumbai.
 
 - The company proposes to offer both onsite services and offshore
 services to overseas clients and expand its activities by
 undertaking
 Software Exports, and introducing new and innovative products.
 
 - The Company proposes to acquire additional space for its
 increasing
 operations out of the issue funds.
 
 1997
 
 - The Mumbai-based CyberTech Systems and Software Limited, a company
 promoted by CyberTech International Corporation Inc is undertaking a
 Rs.20 crore expansion to set up software development and training
 facilities.
 
 - Cybertech Systems and Software Ltd is set to open a new software
 centre at Thane, Greater Mumbai.  The centre is aimed at addressing
 the
 large requirements of CyberTech clients offshore projects in Y2K
 conversion apart from internal training.
 
 - The Company has also won an offshore software support engagement
 from
 Unisys corporation of San Jose, California.
 
 - During the year, the Company offered 1,565,500 Equity Shares of
 Rs.
 10/- each for cash aggregating to Rs. 156.55 lakhs which included
 1,262,500 Equity Shares of Rs. 10/- for cash at par to Indian Public
 and firm allotment of 303,000 Equity Shares of Rs.  10/- each at a
 differential premium of Rs. 20/- per share to NRIs.
 
 - Kishanchand Spinning Mills Ltd., became the wholly owned
 subsidiary
 of the Company.
 
 1998
 
 - The Board of Directors on June 19, allotted 52,56,500 Equity
 Shares
 of Rs. 10/- each of the Company for cash at a premium of Rs. 100/-
 to
 CyberTech International Corporation, USA on preferential basis, in
 terms of approval of the members at the Extraordinary General
 Meeting
 of the Company held on March 21st.
 
 1999 
 
 - Cybertech Systems and Software Ltd, a 51 per cent subsidiary of
 Cybertech International Corporation, US, is looking at acquisitions
 for
 future growth.  The company has earmarked Rs 50 crore (Rs 500
 million)
 for the same.
 
 - The company recently entered into a tie-up with SAP Arabia to
 provide
 technical and functional services to SAP customers in the
 middle-east.
 
 - Cybertech Systems and Software (CSSL), a subsidiary of the
 US-based
 Cybertech Systems Inc., is the leading player in ERP (SAP)
 implementation.
 
 - CYBERTECH Systems & Software Ltd has acquired the Bangalore-based
 software company, Equinox Solutions India Pvt Ltd, the company said
 in
 a communique to the BSE.
 
 - The media division will launch web-based products and service for
 independent Internet users as well Internet based products and
 solutions for corporate clients.
 
 - CyberTech Systems and Software is developing a website which will
 provide e-commerce, on-line shopping, 24-hour news, finance and
 investment services.
 
 - The company had recently launched its new business unit, The New
 Media Division, to launch web-based products for independent users
 as
 well as corporate clients.
 
 - The company is setting up an application service centre to cater
 to
 the Indian corporate sector.  The company has tied up with HariBhakti
 &
 Co, a management consultant firm, to provide the domain knowledge
 for
 this purpose.
 
 - Mumbai-based CyberTech Systems and Software, a subsidiary of
 CyberTech Systems Inc, is one such company, which is transiting from
 catering to the parent's requirement of SAP professionals to
 providing
 a suite of offshore software development services.
 
 - CYBERTECH SYSTEMS and Software Ltd (CSSL) is planning to merge its
 American parent, the m CyberTech System Inc (CSI), with itself.
 
 2000
 
 - Cybertech has also set up 65,000 sq.ft software development centre
 at
 a cost of Rs 21 crore near Mumbai, with a capacity to accommodate
 700
 professionals.
 
 - Cybertech Systems and Software Ltd (CSSL) will be merged with the
 group's US subsidiary Cybertech Systems Inc, as part of its
 restructuring plan.
 
 - The company has also recently tied-up with SAP Arabia to provide
 Enterprise Packaged Solutions in the middle east and is set to
 launch
 its own portal indiaacross.com.  The company is also likely to
 acquire more companies in e-commerce and networking solutions.
 
 - The Company allotted 1,28,57,370 Bonus Equity Shares of Rs. 10/-
 each
 on 1st April, and the paid-up Share Capital of the Company
 subsequent
 to this allotment is Rs. 2316 Lacs.
 
 2001
 
 - Hiperworld Cybertech Ltd., a Delhi-based e-commerce service
 provider,
 is set to launch a WAP-enabled payment gateway product which will
 enable users to make payments using their mobile phones.
 
 2002
 
 -The Board of Directors of CyberTech Systems and Software Ltd at its
 meeting held on August 16, 2002 has approved purchase of 100% equity
 of CyberTech Europe (CTE) from CyberTech Systems Inc., making CTE a
 100% wholly owned subsidiary of the company subject to regulatory
 requirements and fixation of price at the next Board Meeting.
 
 2003
 
 -Cyber Tech Systems And Software Ltd has informed that Mr Suhas
 Wadivkar, Executive Director of the Company has retired from the
 services of the company on December 20, 2003.
 
 A meeting of the BoD of the company is scheduled to be held on
 December 29, 2003, to consider appointment of Mr Vijay Talele, as an
 Additional Director and Executive Director of the Company, subject to
 the shareholder's approval in the forthcoming Annual General Meeting.
 
 Mr Vijay Talele was appointed as an Additional Director and Executive
 Director w.e.f. January 1, 2004 for a period 3 years, subject to the
 approval of Shareholders at the AGM of the company.
 
 The Resignation of Mr Prasad Rao, as Chairman & Director of the
 company was taken on record with immediated effect.
 
 Appointed Mr Viswanath Tadimety as Chairman of the company with
 immediate effect.
 
 2007
 
 -The e-mail ID for the purpose of grievance redressal of investors is
 : Invcomp.thakur@Cybertech.com
 
 2008
 
 -Cyber Tech Systems has recommended equity dividend of Re 1 per share
 (10% on the nominal value of Rs 10 per share).
 
 2009
 
 -Cyber Tech Systems has recommended the payment of Equity Dividend of
 Rs 1/- per Equity Share
 
 2010
 
 -CyberTech Systems has recommended a dividend of Re. 1 per Equity
 share of Rs. 10 each 
 
 2011
 
 -CyberTech Systems has recommended equity dividend of Re. 1 per
 Equity Share.
 
 2012
 
 -CyberTech Systems recommended a dividend of Re. 1/- per Equity
 Share