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Melstar Infotech > Company History > Computers - Software Medium & Small > Company History of Melstar Infotech - BSE: 532307, NSE: MELSTAR
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Melstar Infotech

BSE: 532307|NSE: MELSTAR|ISIN: INE817A01019|SECTOR: Computers - Software Medium & Small
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Company History - Melstar Infotech
2000 
 - The Company has set up two development centres one at Bangalore and
 one in Mumbai, taking the total number of centres to 11. 
 - Melstar Information Technologies going in for a preferential issue
 of shares to fund the recently announced acquisition of three foreign
 companies.
 - The Company has acquired the US-based IT company Global System for
 .8 million in a part cash and stock deal.
 
 2007
 - Melstar Information Technologies Ltd has informed that Mr. Ashok
 Kumar Katial has been appointed as an Independent Non-executive
 Director of the Company with effect from October 08, 2007 in the
 casual vacancy caused by the resignation of Mr. Darius Pandole.
 
 2009
 - Melstar Information Technologies Ltd has informed that Mr. Rajesh V
 Shah and Mr. M S Adige have been appointed as an Additional Directors
 of the Company with effect from June 23, 2009.

Being an Independent and Non-Executive Directors, they have also been co-opted as a member of the Audit Committee.
Source : Dion Global Solutions Limited
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