YEAR                                                    EVENTS
 
 1994 - Soni Capital Markets Limited was incorporated on 1st August as
 a
        Pvt. Ltd. Company under the name and style of M/s. Soni
 Capital
        Markets Pvt. Ltd., and subsequently converted into a Public
 Ltd.
        Company by passing special resolution on the 31st August.
 
      - A fresh Certificate of Incorporation was obtained from the
        Registrar of Companies, Maharashtra on 22nd September, with
 the
        change in its name to Soni Capital Markets Ltd.
 
      - The Company is presently engaged in Project Consultancy which
        includes Technical Feasibility Studies, Debt Syndication
 etc.,
        Dealings in Money Market,Investments in Stock Markets, Sub
        Underwriting of Primary Market Offerings etc.
 
 1995 - The Company went into Public with an issue of 7,50,000 No. of
        equity share of Rs. 10/- each cash at par, aggregating to Rs.
 75
        Lacs on 17th April.
 
 1996 - The Company proposes to enlarge its area of financial and
 allied
        services activities in the near future.
 
 1998 - As a part of its diversification programme, Sony Corp India
 Ltd
        (SCIL), formerly known as Soni Capital Markets Ltd, is
 entering
        into the lucrative computer software and hardware activities.
 
      - Sony Corp India is entering into software and hardware
 activities
        and has tied up with the city-based Pace Software Solutions.
 
 2000 -  The Company has decided to issue right shares in the ratio of
 2 

               equity sharesof Rs 10/- each agianst the holding of 3
 shares of the 

               same face value to its existing shareholders at a
 premium of Rs 15/- per share.
 
              To approve the proposed arrangement between M/s Azmara
 Plc, UK 

              (incorporated in UK, 120 years old company having
 networth of 5 

               millions and asset base of $ 180 millions) and the
 company for 

                implementing BPO (Business Process Outsourcing).
 
 2003 - Soni Infosys Board approves arrangement between Azmara Plc, UK
 and the 

             Company
 
 2005 
 
 -Infotrek Syscom enter into MOU with SKIL Infrastructure for
 acquiring 1 acre of land
 
 -Infotrek Syscom secures export order from Zahra International, USA
 
 2007
 
 -Company name has been changed from Sony Corp India Ltd to Soni
 Infosys Ltd. 
  Once agin the companyname has changed from Soni Infosys Ltd. to
 Infotrek Syscom Ltd.
 -The company received approval for naming its proposed subsidiary Eco
 Recyling from the Registrar of Companies, Maharashtra . This
 subsidiary would have an initial authorized capital of Rs 200 million
 for taking up the business of waste electrical and electronic
 equipment (WEEE) segment. 
 -The issue of 3 million warrants on preferential basis at a price of
 Rs 60 per warrant to First Online Comtrades (1 million warrants),
 Knights Bridge Financial Services (1 million warrants), Mahakosh
 Holding (500,000 warrants) and Alomarya Technical LLC (500,000
 warrants). 
 Shifting of the registered office of the company from 6, Rustom
 Building, 2nd Floor, 29, Veer Nariman Road, Fort, Mumbai to 205,
 Centre Point, 2nd Floor, J.B. Nagar, Adjacent to Hotel Kohinoor,
 Andheri Kurla Road, Andheri (E) Mumbai. 
 -The company, a pioneer in the waste electrical and electronic
 equipment (WEEE) segment, has drawn up business plans to invest upto
 Rs 1,000 million (USD 25 million) in a span of three years for
 establishing facilities across the country. It is in dialog with
 financial institutions, banks and equity investors to support the
 project. To implement world class facilities in different parts of
 the world, discussions are at a very advance stage with renowned
 machinery suppliers in Germany and the United Kingdom.
 
 2010
 
 -Company has changed its name from  Infotrek Syscom Ltd. to Eco
 Recycling Ltd.