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| 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. | |
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| Source : Dion Global Solutions Limited | |
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