1946 - The Investment Trust of India Ltd. was incorporated at
The Company invests its fund in Equity and preference shares
Debentures of well established and sound companies and
trustee, security and Govt. loans. The Company also
provincial, Municipal, Improvement Trust and Port Trust loans
capital issues of Joint stock companies. The Company also
on the other business like hire-purchases, equipment leasing,
mortgage loans etc.
1947 - 5,000 Rights shares offered at par in the prop. 1:1.
1978 - 5,000 Rights shares issued at par in the prop. 1:1.
1979 - 15,000 Rights shares issued at par in the prop. 1:1.
1982 - 3,00,000 Right Equity shares issued in prop. 1:1.
1986 - 650 forfeited shares reissued. 3,15,000 shares issued (Prem.
5 per share): 3,00,000 shares as Rights in (Prop. 1:2) (all
taken up). 15,000 shares to employees (only 6,700 shares
up). Additional 75,000 shares allotted as rights to retain
1989 - 4,90,750 Bonus Equity shares issued in prop. 1:2.
1991 - The Company made an application to the Securities and
Board of India (SEBI) for sponsoring an Asset Management
and for setting up a Mutual Fund.
- During June-July the Company issued 5,88,980 No. of equity
of Rs 10 each for cash at a premium of Rs 15 per share on
basis in the proportion 2:5 (all were taken up). Additional
88,347 shares were allotted to retain over subscription.
- The Company also issued 29,449 No. of equity shares of Rs 10
for cash at a premium of Rs 15 per share to employees
Indian working Directors) of the Company (only 29,223 shares
taken up). A total of 7,06,550 shares were allotted under
1992 - The Company obtained approval for acting as category-1
1994 - 21,79,000 No. of equity shares were issued to the existing
shareholders on Rights basis in the ratio of 1:1 at a premium
Rs 30 per share.
2000 - The Company has entered into tripartite agreements with
Securities Depository Limited and Central Depository Services
for offering dematerialised facility to its shareholders.
2002-Investment Trust of India, said that it has signed a share
purchase agreement with Templeton on July 24 to sell its entire
holding in Pioneer ITI to Templeton.The sale consideration would be
approximately Rs 104 crore, subject to adjustments, if any, based on
-Huawei Tech signs agreement with HFCL Infotel
--Registered Office of the Company has been shifted to 617, 6th
Floor, Maker Chamber-V, Nariman Point, Mumbai - 400 021.
-Company has changed its name from HFCL Infotel Ltd. to Quadrant
-Registered Office of the Company has been shifted To Autocars
Compound, Adalat Road, Aurangabad - 431 005, Maharashtra.