Patni Computer Systems Limited was incorporated as Patni Computer
Systems Private Limited on February 10, 1978 under the Companies
1956. In 1988, by virtue of Section 43A of the Companies Act, the
Company became a deemed public company and subsequently on April 15,
1991 it was converted into a private limited company. By virtue of
turnover exceeding prescribed limits under the then-applicable
43A of the Companies Act, on July 1, 1995, the Company became a
public company and consequent to the deletion of Section 43A from
Companies Act, 1956, the Company was converted to a private limited
company on June 27, 2002. The Company was again converted to a
limited company on September 18, 2003.
The original activities of the Company were computer time rental,
resale of imported computer hardware, and software exports. In
the Company promoted PCS Data Products (Private) Limited (PCSDP) for
the sale and marketing of computer equipment and hardware
In 1987, the Company promoted PCS Data General India (PCSDG), a
venture with The Data General Corporation, USA, for the manufacture
maintenance of computer hardware. In 1994, the name of PCSDP was
changed to PCS Industries Limited (PCSIL) and PCSDG was merged into
PCSIL. Since 1994, the Company has been entirely focused on software
exports. In 1999, the shares of PCSIL held by the Company and other
non-operating assets were de-merged into other group companies and
Company emerged as a focused IT services company. Patni Computer
Systems Limited is a separate entity from PCS Industries Limited,
is a group company.
-Comes out with Initial Public Offering (IPO) of 18,724,000 equity
shares in the price of Rs 230 per share for a face value of Rs 2
-Assessed at Level 5 of the Capability Maturity Model Integration
(CMMI SE/SW version 1.1) for all its development centers in Mumbai &
Navi Mumbai after a rigorous month-long SCAMPI assessment by KPMG,
-Inks MOU with the Birla Institute of Technology & Science [BITS],
Pilani to offer educational programmes to Patni employees through the
'BITS off-campus Distance Learning & Collaborative Programmes'
-Patni Computer Systems wins awards for excellence in corporate
-Patni Computer Systems appoints Loek Van Den Boog as director.
-Patni Computer launches Defined BPO Service for Insurance Carriers.
-Patni Computer launches Life New Business STP Solution.
-Patni Computer wins significant multi-services telecom deal from
UK's largest independent retailer of mobile communications
-Patni Computer Systems gets CIO 100 award
-Mercer HR in JV with Patni Comp
-Patni join hands with EISL
-Patni wins Golden Peacock Award 2007 for Training Excellence
-Patni Computer acquires Life Sciences Services Company Taratec for $
-Patni Computer acquires Telecoms Consulting Specialist Logan-Orviss
-Patni inks MoU with BITS Pilani
-Patni to acquire US-based Taratec
-Patni sets up green BPO centre in Noida
-Patni Computer ties up with Schindler
-Patni achieves gold certified partner status in Microsoft partner
- Patni Computer Systems appointed Vijay Mehra as Executive
Vice-President and head of business verticals.
-Patni Computer Systems receives 'IT supplier of the year' award
-Patni Computers opens new EMEA headquarters to drive growth for
outsourced IT and BPO services
- Patni Computer Systems Ltd has informed that the Board of Directors
of the Company has appointed Mr. Vimal Bhandari as an Additional
Director w.e.f. January 15, 2010