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Orient Information Technology > Company History > Computers - Software Medium/Small > Company History of Orient Information Technology - BSE: 531167, NSE: ORIENTINFO
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Orient Information Technology
BSE: 531167|NSE: ORIENTINFO|ISIN: INE067B01019|SECTOR: Computers - Software Medium/Small
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Orient Information Technology is not traded in the last 30 days
Orient Information Technology is not traded in the last 30 days
Company History - Orient Information Technology
1993 
 
 - The Company was incorporated as a Private Limited Company on 4th
 May,
 in the state of Maharashtra under the name Orient Data Processors
 Private Limited.  It was converted into a Public Limited Company.
 
 1994 
 
 - The name of the Company was changed to Orient Information
 Technology
 Limited The Registrar of Companies, Maharashtra, issued fresh
 Certificate of Incorporation on 6th December.
 
 - The Company is promoted by Mr. Ketan Sheth who has experience in
 the
 Software industry for over ten years.
 
 1995
 
 - The company has entered into a representation agreement with Finja
 Computers-Dubai for marketing its software packages and other
 consultancy services in the middle-east.
 
 - The company has also entered into an Memorandum of understanding
 with
 M/s. Finja Computers, Dubai for opening an export front office for
 the
 overseas operations.
 
 - The company came out with its maiden public issue of equity shares
 at
 par in August which was over subscribed by 42 times.
 
 - The public issue of the Company of 19,00,000 equity shares of Rs. 
 10
 each for cash at par aggregating Rs. 190 lacs including 7,50,000
 equity
 shares of Rs. 10 each for cash at par aggregating Rs. 75 lacs for
 firm
 allotment to NRIs & Indian mutual funds during August.
 
 1996
 
 - The Company has setup an export front office in Singapore and we
 are
 pleased to inform you that company has successfully made inroads
 into
 big and reputed Corporate Houses, Banks and Financial Institutions
 based in Singapore.
 
 1997 
 
 - The Company has introduced several incentive and performance award
 schemes for the employees of the Company.
 
 - After successfully setting up its Singapore office, Company has
 set
 up offices in New York, Boston and London.  Also, Company has
 established two more offices in the Middle East at-Bahrain and
 Kuwait.
 
 1998 
 
 - Orient Information Technology Ltd., a Mumbai based fast-growing
 exports unit, opened its new representative office at Central London
 recently.
 
 - The company has bagged a contract to provide comprehensive
 software
 services on the latest Software and using the state-of-the-art
 development tools, to a renowned garment manufacturer and fashion
 house.
 
 1999 
 
 - Registered as a 100 per cent export-oriented-unit (EOU) Orient
 Information, was awarded the ISO 9002 certification for its overseas
 operation.
 
 - The company aims to set up offices in Chicago, San Jose and New
 York
 for information technology services and professional consultancy.
 
 2003
 -Mr.Adi Cooper, Director of the Company has resigned from the
 directorship of the Company .
 
 -Allotted 60,00,000 equity shares of Rs.10/- each at a premium of
 Rs.36/- per share.
 
 -Allotted 14,00,0000 Equity shares of Rs 10/- each at a premium of Rs
 36 per share.
 
 -Out come of AGM
     Re-appointment of Mrs. A T Mehta as director of the Company. 
     Authorised the Board of Directors to borrow upto 100 Crores in
 excess of paid up shares capital & free reserves.
    Authorised the Board of Directors to issue Fully Convertible
 Debentures to the shareholders of WEBHELP Inc. 
 
 2004
 
 -Orient Information Technology Limited has informed that the Company
 has appointed Mr. Bharat Shah as Chief Operating Officer of the
 Company.
 
 -CRM solutions provider Talisma Corporation said that it has
 partnered with Orient Information Technology Ltd to tap the West
 Asian market.
 
 -Talisma announces a partnership with Orient Information Technology
 Ltd.
 
 - CRM solutions provider Talisma Corporation said that it has
 partnered with Orient Information Technology Ltd to tap the West
 Asian market.
Source : Dion Global Solutions Limited
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