Moneycontrol Be a Pro
Get App
SENSEX NIFTY
Elnet Technologies > Company History > Construction & Contracting - Civil > Company History of Elnet Technologies - BSE: 517477, NSE: ELNET
YOU ARE HERE > MONEYCONTROL > MARKETS > CONSTRUCTION & CONTRACTING - CIVIL > COMPANY BACKGROUND - Elnet Technologies

Elnet Technologies

BSE: 517477|NSE: ELNET|ISIN: INE033C01019|SECTOR: Construction & Contracting - Civil
SET ALERT
|
ADD TO PORTFOLIO
|
WATCHLIST
LIVE
BSE
Oct 18, 16:00
98.00
-3.75 (-3.69%)
VOLUME 542
Elnet Technologies is not traded in the last 30 days
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
 1992.
 
 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.
 
 2002
 -Elnet Technologies Ltd has informed BSE that Parvathaneni Santhosh
 Kumar has been appointed as Director of the company.
 
 2003
 -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.
 
 2005
 -Company has recommended a dividend of 15%.
 
 2006
 
 -Elnet Technologies Ltd  appointed Mr. Thiru G Senrayaperumal as a
 Director of the Company w.e.f. October 25, 2006.
 
 2010
 
 - 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.
 (Source MSE).
 
 2011
 
 -Company has recommended a dividend of 12%.
 
 2012
 
 -Elnet Technologies has recommended Dividend of 12%.
 
 2013
 
 -Company has recommended a Dividend of 14%.
 
 2014
 
 -Elnet Technologies has recommended Dividend of 14%.
 
 
  
 
Source : Dion Global Solutions Limited
Quick Links for Elnet Technologies
Explore Moneycontrol
Stocks     A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | Others
Mutual Funds     A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.