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ACI Infocom Ltd.

BSE Live

Apr 07, 16:00
0.19 0.00 (0.00%)
Volume
AVERAGE VOLUME
5-Day
510
10-Day
473
30-Day
1,055
700
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ACI Infocom is not listed on NSE
Company History - ACI Infocom
Sujatha Data Products Ltd., a pioneer in the field of computer
 peripherals was promoted by P.D.Gupta in 1982.  The other group
 companies namely Microlytic Tech Services, High-Tech Electronics,
 Alphine Services & Sujatha semiconductors have carried no business
 activity.                                                 
 
 Sujatha's product range comprises of floppy disk drives, key boards,
 cardsets, printers etc.  Sujatha is best known for its range of
 Verbatim Datalife Diskettes manufactured in a joint venture with
 Verbatim Corporation of USA.  Sujatha has also technical & marketing
 tie ups with several world giants such as TEAC Corpn. of Japan for
 floppy disk drives, Seagate Technology of USA & Worldstar
 International of USA to reproduce software.
 
 Sujatha was the 1st to introduce the now popular 5 1/4 inch floppy
 drives in 1984.  Later on in 1985 it started exports of floppy drives
 & won the excellence in exports award from Elcina a premier
 Electronics Association. 
 
 The turnover of the company stood at Rs.10.45 crore in 1991-92 & a
 profit after tax at Rs.64.27 lakhs.
 
 The company posted a higher sales in the year ended 3.3.93 at
 Rs.15.61 crores which represent an increase of 49.4% over the
 previous year.  Profits also rose by 56% to Rs.100.2 lakhs.  The
 increase in net profits was due to sharp reduction in finance
 expences from Rs.1.18 crores in  1990-91 to Rs.51.17 lakhs in 1992-93
 following in a fall in unsecured loans from Rs.62.9 lakhs in 91-92 to
 Rs.9.35 lakhs in 92-93.  A dividend at Rs.1.50 per share was declared
 in 1992-93 and a bonus issue of Rs.1,84,80,600 was made.
 
 Sujatha came up with a public issue  in November 1993 of Rs.11,25,000
 equity shares of Rs.10 each at a premium of Rs.10 per share amounting
 to Rs.2.25 crores to part finance its diversification project to
 manufacture one lakh numbers of monochrome monitors p.a.  The cost of
 the project was estimated at Rs. 4.18 crore and IDBI extended an
 equipment finance loan of Rs. 1.5 crore.
 
 2004
 
 -Equity shares delisted from Bangalore Stock Exchange
 
 2010
 
 - ACI Infocom Ltd has appointed Mr. Omprakash Bohra as Independent
 Non-Executive Director of the Company with effect from January 30,
 2010.
 
 2011
 -Registered Office of the Company has been shifted From 218, Vasan
 Udyog Bhavan, Senapati Bapat Marg, Opp. High Street Phoenix, Lower
 Parel (West) Mumbai 400 013 To 203, Shah & Nahar Estate. Dr. E.Moses
 Rd. Worli Naka, Mumbai 400018.
 
 2012
 
 -ACI Infocom's sub-division / stock split of Equity Share of Rs. 10/-
 per share of the Company into the shares of Rs. 1/- each.
 
 2013
 -Company has splits its Face value of Shares from Rs 10 to Re 1
 -ACI Infocom has splits its face value from Rs 10/- to 1/-