1987 
 
 - The Company was incorporated as a Public Limited Company on 15th
 July, at Chennai (Tamilnadu) under the name `Ushta-te Biotech
 Industries Limited'.
 
 - It was originally promoted by Tamilnadu Industrial Development
 Corporation Limited (TIDCO) and M/s KND Engineering Technologies
 Limited (KNDETL) in the joint sector.
  
 - The Company was set up to manufacture tapioca based Starch and
 value
 added products like High Fructose Syrup, Glucose Syrup, Dextrose
 Monohydrate, Dextrose Anhydrous, Starch Powder and Animal Feed.
 
 - The Company's manufacturing facilities are integrated to
 manufacture
 biotechnology products using Tapioca.
 
 1994 
 
 - The name of the Company was changed to the present one with effect
 from 4th November, and a fresh certificate of incorporation was
 obtained thereafter.
 
 1995 
 
 - The Company has launched consumer products, through its Home
 Products
 Division, such as GLUCOSE `D' powder with brand name of `GLUCOSDIN'
 and PURE HONEY with brand name of `HONEY GOLD'.
 
 - The Company offered 44,16,000 No. of equity shares on Rights basis
 in
 the ratio of one equity share for every two shares held as on 16th
 June, at a premium of Rs. 35/- per share.
 
 1996 
 
 - Home Products Division of the Company has entered into second year
 of
 operation and has launched GLUCOSE GOLD premium Glucose Powder,
 GLUCO ORANGE flavoured energy drink as well as Prickly Heat Powder
 with brand name MELLO TOUCH.
 
 1998 
 
 - The Company's Home Products Division produces and markets Honey,
 Glucose Powders and Prickly Heat Powder.
 
 - Pure Honey marketed by the Company under the brand name `Honey
 Gold'
 is steadily gaining wide acceptance.
 
 - The Company is introducing new flavours - Glucose Cola and Glucose
 Strawberry
 
 - The company had set up a branch in Abu Dhabi in January.
 
 2000 
 
 - DSQ Biotech Ltd has drawn up a growth strategy which will involve
 the
 setting up of bio-informatic research centres in San Diego, US,
 Chennai
 and Bangalore.
 
 - The company is also setting up a plant to extract gluten from
 wheat
 in Cuddalore.
 
 - Preferential offer of 1.5 crore equity shares of Rs. 10/- each at
 sun
 premium to FIIs/NRIs/OCBs/Pension Funds/private equity
 funds/MFs/Corporate funds/High Networth Individuals either
 individual
 or foreign and/or preferential basis from time to time in one or
 more
 tranches as may be deemed appropriate by the Board.
 
 - DSQ Biotech inaugurated its state-of-the-art bio-informatics
 training
 centre at Chennai.
 
 - The Company is all set to demerge its business into two companies
 --
 manufacturing and research-cum-services.
 
 2002-2002-DSQ Biotech Ltd has informed BSE that Mr K Gopalakrishnan
 shall continue as Director and Mr M G Anant Kumar continues as Whole
 Time Director. Earlier the Company had informed BSE that Mr K
 Gopalakrishnan and Mr M G Anant Kumar have resigned as Managing
 Director and Whole Time Director respectively.