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Kernex Microsystems (India) Ltd.

BSE: 532686 | NSE: KERNEX |

Shares falling in the `Trade-to-Trade` or `T-segment` are traded in this series and no intraday is allowed. This means trades can only be settled by accepting or giving the delivery of shares.
Series: BE | ISIN: INE202H01019 | SECTOR: Computers - Software Medium & Small

BSE Live

Nov 30, 16:00
83.45 3.40 (4.25%)
Volume
AVERAGE VOLUME
5-Day
1,695
10-Day
2,904
30-Day
2,963
2,655
  • Prev. Close

    80.05

  • Open Price

    80.00

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

NSE Live

Nov 30, 15:40
83.00 3.95 (5.00%)
Volume
AVERAGE VOLUME
5-Day
5,307
10-Day
8,421
30-Day
10,355
5,593
  • Prev. Close

    79.05

  • Open Price

    76.10

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

Company History - Kernex Microsystems (India)
The company was incorporated on September 16, 1991 as a private
 limited 
 company with the object of designing, developing, installing and
 maintaining 
 software packages for domestic and international markets.The company
 is 
 registered as 100% Export Oriented Unit (EOU) with Software
 Technology 
 Parks of India, Department of Electronics, Govt. of India, New
 Delhi.
 
 Kernex has developed and exported software packages from 1993 to 2003
 
 namely Mimex for GUI application, LearnX a self learning tool, ELX,
 Flicker, 
 MathX, EzEc Builder, Netcare, E-DOCS, etc. With E-DOCS, The company 
 has provided powerful,  extensible and affordable document management
 
 and imaging solutions to companies and organizations looking to
 reduce 
 their dependence on paper distributed information more efficiently
 and 
 assist collaboration among users. MathX was an interactive
 mathematical 
 wizard on MS-Windows, NT and 95 for evaluating complete expressions 
 and solving intricate equations. It provided an easy to use interface
 to
  combine equations, graphics and text in single/multiple documents. 
 EzEc Builder package was an integrated Electronic Commerce Tool to
 create 
 and maintain supermarkets on Internet. It provided a BackOffice
 administration 
 and an extensive set of canned reports. A virtual ERP, with all
 facets of electronics 
 commerce, inventory control, financial accounting and customer
 management. 
 Its turnover increased from Rs. 4.5 Million to Rs. 78  Million during
 fiscal year 
 1993 to 2003. In the domestic market, the company also developed 
 Intelligent 
 Data Acquisition System and installed on Konkan Railways in 53 
 stations 
 from 1997 to 1999.
 
 The Company has  started developing Railway Safety systems from 1999
 and 
 successfully  developed  and demonstrated a prototype of ACDs to 
 Konkan 
 Railway Corporation  Limited and Members of the Railway Safety 
 Board. 
 In March 2000 It entered into  a Memorandum of Understanding with
 KRCL 
 for Technical Collaboration for developing full scale networked
 Anti-Collision 
 Systems (ACDs). The company, jointly with KRCL, took up an intensive
 
 analysis of the major accidents that  occurred in India, The
 functional requirements 
 of the clients and operational safety procedures have been fully
 considered, 
 for designing the logics of Anti Collision Systems. Based on the
 concept and 
 domain knowledge provided by Konkan Railway Corporation Ltd, The
 company 
 has developed the networked Anti-Collision Devices, using Global
 Positioning 
 System,  Radio Data Communication, Application Logics and Inter
 facing these 
 with an Auto Breaking System developed by KRCL.
 
 The product has been successfully developed for deployment after
 initial and 
 extended field trials on the Amritsar- Jalandhar Section of Northern
 Railway using 
 125 ACDs of different types during July 2002 to January 2003. The
 product 
 underwent improvements and series of successful trials over a period
 of 3 years. 
 Consequent to an agreement in the year 2003 with KRCL, we became the
 exclusive 
 manufactures and suppliers of these systems to KRCL including
 installation and 
 maintenance. On January 20, 2004, the then Honorable Railway Minister
 launched 
 the project at Kishangunj, Bihar on a 1730 KMs rail route on the
 Northeast Frontier 
 Railway route.
 
 The company has also developed ADDs for Metro Sky-Bus System during 
 2003 - 04 under technology partnership with KRCL.It also been
 carrying 
 out research and development work on Advanced Railway Signal Systems
 
 on cost sharing basis with KRCL.
 
 2007
 
 -The Company has issued Bonus Shares in the Ratio of 1:10.
 
 2011
 -The Board recommended a dividend of 10% on the equity shares.
 - The Company has received Provisional Work Order from M/s. Konkan
 Railway Corporation Ltd.
 2012
 -Mr. Ramanjaneyulu Kothapalli as Company Secretary and Compliance
 Officer of the Company.
 
 2013
 -Sri. Arun Kumar Sun Walka has been appointed as an Additional
 Director of the Company.
 -Kernex Microsystems is awarded R&D contract for Development of Train
 Collision Avoidance System .
 
 2014
 -Sri Anugolu Venkata Ratnam has been appointed as an additional
 Director of the company.