Company History - Elnet Technologies
The Company was incorporated as a Public Limited Company on 1.8.1990
in the name and style of Elnet Technologies Limited and resigtered
witht he Registrar of Companies, Madras, Tamil Nadu. Further the
private promoters singed a joint sector agreement with ELCOT for
setting up a software technology part on 31.10.1990. The certificate
of commencement of business was obtained by the company on
20.11.1991. The company is setting up a software park on a plot of
land admeasuring five acres at Taramani, Madras in Tamil Nadu to
provide infrastructural facilities viz, Airconditioned working space,
un-interrupted power supply,data communication facilties, etc. to
software Development for development of software both for domestic
and international markets.
After incorporation in 1990, the company critically looked at various
facilities required for software developmetn companies and finalised
the specific requirements during the second half of 1991. The company
then approached ICICI for financial assistance which was sanctioned in
December 1991 and the first disbursement of funds was made in October
The company commenced the civil works in November 1992 after
obtaining the necessary statutory approvals. The implemetation
however, is marginally delayed due to pile foundation not envisaged
originally. The project is now nearing completion.
-Elnet Technologies Ltd has informed BSE that Parvathaneni Santhosh
Kumar has been appointed as Director of the company.
-Elnet Technologies Ltd has informed BSE that Thiru Hans Raj Verma
has resigned as Chairman and Director of the company w.e.f. March 31,
2003 and Thiru Vivek Harinarain IAS has been appointed as Chairman and
Director of the company w.e.f. April 29, 2003.
-Company has recommended a dividend of 15%.
-Elnet Technologies Ltd appointed Mr. Thiru G Senrayaperumal as a
Director of the Company w.e.f. October 25, 2006.
- Elnet Technologies Limited has informed that the Board of Directors
of the company, at its meeting held on 27th January 2010, had
appointed Mr. K. Kasim - IPS (Retd.) as an independent director.
-Company has recommended a dividend of 12%.
-Elnet Technologies has recommended Dividend of 12%.
-Company has recommended a Dividend of 14%.
-Elnet Technologies has recommended Dividend of 14%.