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Sonata Software Ltd.

BSE: 532221 | NSE: SONATSOFTW |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE269A01021 | SECTOR: Computers - Software Medium & Small

BSE Live

Jan 21, 16:00
859.50 -7.00 (-0.81%)
Volume
AVERAGE VOLUME
5-Day
21,902
10-Day
16,041
30-Day
15,465
21,270
  • Prev. Close

    866.50

  • Open Price

    867.00

  • Bid Price (Qty.)

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NSE Live

Jan 21, 15:55
860.70 -4.70 (-0.54%)
Volume
AVERAGE VOLUME
5-Day
316,389
10-Day
198,183
30-Day
205,714
127,169
  • Prev. Close

    865.40

  • Open Price

    860.00

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

Company History - Sonata Software
1986
 
 - Sonata was initially set up as a division of Indian Organic
 Chemicals
 Ltd. and spun off into a separate company for a consideration in
 1993.
 
 1993
 
 - As part of the growth strategy, the key strategic issue to be
 addressed in the long term was to attract and retain employees. 
 With
 this in mind, it was felt imperative to offer a substantive Stock
 Option Plan which, necessitated the formation of a separate company.
 
 1994
 
 - The Sonata division of IOCL was spun off as an independent company
 namely, Sonata Software Ltd., in October, for a consideration of Rs.
 8.14 Crores.  Of this consideration, Rs. 1.75 Crore was allotted as
 fully paid up equity (17,50,000 fully paid up equity shares of Rs.
 10
 each at par) and Rs. 6.39 Crore as debt which has since been paid
 off.
 
 
 - On October 18th company received its certificate of incorporation.
 And the same year Company got ISO certification.
 
 1995
 
 - Following the setting up of a new company, an Employee Stock
 Option
 Plan was formulated and a Trust was formed namely, Sonata Software
 Limited Employees Welfare Trust to which was allotted 5 Lakh equity
 shares each on 30th October, and 21st March, 1996.
 
 - On 30th October, the company also allotted shares to Bhupati
 Investments & Finance Company Ltd., and a few employees of IOCL and
 Sonata.  The paid-up equity share capital following the above
 allotments stood at 32,51,600 fully paid up equity shares.
     
 - As part of a restructuring plan, IOCL disposed of and sold its
 equity
 holding in Sonata to the present promoters of Sonata for a
 consideration of Rs. 78 per share and Rs. 87 per share based on the
 valuation certificate issued by IOCL's auditors and in consultation
 with financial institution.
 
 1998
 
 - On September, the Company issued bonus shares at a ratio of 13
 equity
 shares for every 10 existing equity shares, raising the paid up
 equity
 capital to 74,78,680 shares.
 
 - On 3rd December company issued 25,22,000 equity shares of Rs.10
 each
 at a premium of Rs.80 per share to the public.
 
 - Sonata Software of Bangalore and Microsoft Corporation of India
 (MCI), in an alliance are providing enterprise wide collaborative
 solutions.
 
 - Sonata has built world class collaborative applications based on
 Microsoft's robust platform for messaging which integrate easily
 with
 Internet.
 
 1999
 
 - Sonata Software Ltd. is buying out the 46 per cent stake of Indian
 Organic Chemicals Ltd. (IOCL) in the former's US-based subsidiary,
 Offshore Digital Services Inc (ODSI).
 
 - Sonata is converting ODSI into a 100% subsidiary to restructure
 its
 operations.
 
 - Sonata formed a joint venture (JV), Abisko Development, with its
 long-time business partner.
 
 - Sonata has also formed up joint venture agreements with Scala
 Business Solutions.  A long-term project contract worth $3 million
 spread over two years, has been finalised with Abisko, the joint
 venture company.
 
 2000
 
 - The company is also designing the healthcare portals for many of
 the
 US companies.
 
 - Sonata Software and Milan, Italy-based IT Software signed a joint
 development agreement aimed at providing IT Software's e-finance
 projects with the development services of Sonata Software.
 
 - The Miland-based IT Software has entered into an agreement with
 Sonata Software Ltd, a city based company, for sourcing the latter's
 services for its e-finance projects.
 
 - The Company has entered into an alliance with BAport Technologies
 Inc. - the US-based start-up - which develops business applications
 for
 the application service provider market.
 
 - The Board of the company decided to spin off its India operations
 into a newly formed subsidiary to be called as Sonata Information
 Technology Ltd.
 
 - The Company has acquired 1,60,000 ordinary shares in the capital
 stock of Off-shore Digital Services, Inc., USA, for a consideration
 of
 $0.26 million subject to necessary approvals.
 
 - The Shareholders of Sonata Software have approved the 10-for-1
 split
 of its equity shares, that is, each share, which has a face value of
 Rs
 10, share be split into 10 shares with a face vaue of Re 1 each.
 
 - Sonata Software Limited and SpinAway eBusiness Solutions Inc of
 USA
 has strategic alliance to address IT consulting market in the USA.
 
 - Sonata Software Ltd has on September 24, 2001 announced
 achievement
 of a Level 5 (Optimizing Level), the highest possible through an
 assessment on the Capability Maturity Model (CMM) Based Appraisal
 for
 Internal Process Improvement (CBA-IPI) developed at Carnegie Mellon
 University`s Software Engineering Institute (SEI).
 
 2002
 
 -Appoints Mr S N Talwar as the Additional Director of the company.
 
 -Board approves for the opening of Branch office at Manchester.
 
 2003
 
 -Opens a branch office at Singapore and Seatle, USA.
 
 2004
 
 -Sonata forges strategic alliance with TechDiscovery, an
 Atlanta-based software engineering firm focused on building
 commercial-grade applications for technology companies
 
 -Sonata Software Ltd has informed that the Board of Directors vide
 circular resolution passed on January 15, 2004, have appointed Mr.
 B.K. Syngal (Vice Chairman of BPL Innovasion Business Group) as an
 Additional Director of the Company. Accordingly, Mr. Syngal shall
 hold office as Additional Director upto the date of the next Annual
 General Meeting of the Company to be eligible for re-appointment, as
 a Director retirable by rotation. Mr. B. K. Syngal will be an
 Independent Director.
 
 -Sonata Software Ltd, the Bangalore-based IT consulting and software
 services firm, has announced the appointment of Mr Brijendra Kumar
 Syngal as an additional director on its board.
 
 -Forges alliance with Gupta Technologies LLC, a provider of embedded
 relational databases and visual development tools. Company will
 provide product engineering services for Gupta Technologies LLC and
 will be a value-added distributor for the Indian market
 
 -Sonata Software opens third development Center in Bangalore
 
 -Sonata Software has won the 2004 Microsoft partner program award for
 its E-commerce trading solutions developed jointly with Microsoft for
 UK's Beanstalk interactive company
 
 -Sonata Software joins Microsoft Mainframe Migration Alliance (MMA)
 
 - Microsoft recognises Sonata Software's solution as the winner of
 the Customer appreciation award in the 2004 Microsoft Partner
 Programme Awards. Company's solution was adjudged an innovative
 solution for their UK client Beanstalk Interactive
 
 -Sonata Software ties up with TUI
 
 2005
 
 -Sonata Software Ltd forges strategic alliance with Microsoft
 Corporation, USA to bring significant business benefits to
 Independent Software Vendors (ISVs), large Enterprises and mid market
 organizations.
 
 -Sonata Software signs partnership deal with California Software
 
 -Sonata Software unveils second development centre for TUI
 
 -Sonata Software launches SonnetBI Analyzer suite
 
 2006
 
 -Sonata signs closing memorandum; becomes 50.1% shareholder of TUI
 InfoTec GmbH, Germany
 
 2007
 
 - Sonata Software Ltd has announced the launch of its enhanced suite
 of SonnetBI - Functional analyzers leveraging the powerful, adaptable
 and easy to use features of the Microsoft Office Performance Point
 Server 2007 and Office2007.
 
 - Sonata is the Silver Sponsor at 2007 Global Services Conference
 - Sonata is the Gold Sponsor at Convergence 2007, the Microsoft
 DynamicsT premier event (San Diego, CA, March 11-14, 2007)
 
 2008
 
 - Sonata subsidiary TUI InfoTec bags Lycos order
 .
 - Sonata wins its first customer for Microsoft SharePoint Online
 
 - Sonata software Ltd  recommended a final dividend of Rs 0.60 per
 share (60% on face value of Re 1/-), subject to the approval of
 shareholders.
 
 2009
 
 - Sonata Software opens fully owned subsidiary in Dubai Internet
 City
 
 - Sonata Software Limited, has launched enablement services for
 applications on the Oracle Platform for Software as a Service
 (SaaS).
 
 - Sonata Software announced the opening of Sonata's second Offsite
 Facility (OF) for Microsoft at Sonata's new Global Village facility
 In Bangalore.
 
 - Sonata wins major ERP solution implementation project from Dredging
 Corporation.
 
 2010
 
 - Sonata Software Ltd. Partners with TMMi Foundation.
 
 - Sonata Software Limited Recommended a final dividend of Re. 0.80
 (80% on face value of Re. 1), subject to the approval of
 shareholders. This along with the interim dividend of Re. 0.90 per
 share raises the final dividend for the year to Rs. 1.70 per share.
 
 - Sonata Software Limited helps Golirious LLC launch their first
 mobile application for Apple .
 - Sonata Software sets up new office in Netherlands
 2011
 - SonataSoftwa Ltd launches 'MilEdge' for the Global Car Rental
 Industry.
 
 - Sonata Software joins the World Economic Forum's Community of
 Global Growth Companies.
 
 - Sonata appoints Gyana Pattnaik as Head - Open Source, Testing and
 New Technologies.
 
 2012
 
 - Sonata Software appoints Sohrab Kakalia as Chief Sales & Commercial
 Officer.
 
 - Sonata Software appoints two new sales Directors for US
 
 - SonataSoftware expands its geographical presence in the US.
 
 -  Sonata Software Celebrates Joy of Giving Week 2012.
 
 - Sonata Software enters into partnership with hybris for e-commerce
 solutions
 
 - Sonata Software and TIBCO Software Enter a Strategic Alliance to
 jointly offer Application Integration Solutions.
 
  2013
 
 -Sonata Software Ltd. launches ANZ region operations with HQ at
 Sydney..
 
 -Sonata Software Announces the Launch of its Center of Excellence for
 Oracle Exalytics.
 
 -Sonata Software Recognised as Most Innovative Partner of the Year by
 hybris Software.
 
 -Sonata Software Launches Customizable Output Based SAP Application
 Management Services (AMS) Offering - Sonnet AMS.
 
 -Sonata Software ties up with Sage to build Cloud Based Services.
 
 -Sonata Software collaborates with TIBCO for enterprise social
 networking platform.
 
 2014
 
 - Sonatas Technology Infrastructure Group receives Best Partner of
 the Year-General Business at the SAP Partners Summit.
 
 -Sonata Software Limited has purchased the business of Xyka India
 Private Limited, a Bangalore based Company.
 
 -Sonata announces Gold-level Partnership with Moovweb.
 
 -Sonata Software opens US Development Facility at Redmond.
 
 -Sonata's recent acquisition Rezopia Wins 2014 Silver Magellan.
 
 2015
 -Sonata Software - Sonata Software Presents its Award Winning
 Solutions at the Travel Technology Show in London
 -Sonata Software - Sonata invests in Enterprise Mobility - Acquires
 California based 
 -Sonata Software - Sonata Software to showcase Enterprise Mobility
 Strategy & Platform at the Enterprise Mobility Exchange 201
 -Sonata Software - Sonata recognized in the Leadership zone for
 Software Product 
 
 2016
 -Sonata Software Ltd has titled Sonata and I.B.I.S. to Showcase
 Digital Transformation Technologies for Retail & Distribution
 Industries at Microsoft Envision.
 -Sonata Software Ltd has titled Sonata to showcase its Digital
 solutions for retailers at ReTechCon.
 -Sonata Software Ltd has titled Sonata Software announces US patent
 for 'Multi-channel delivery of augmented messages' for Halosys
 Mobility Platform.
 -Sonata Software Ltd has titled Sonata Software to exhibit leading
 Digital Travel Technology solutions at the Arabian Travel Market.
 -Sonata Software Ltd has titled Sonata Software recognized as
 finalist for 2016 Microsoft Hybrid Cloud and Infrastructure Platform
 Award.
 -Sonata Software Ltd has titled I.B.I.S., Inc., and Sonata Software
 Announce App Availability on Microsofts New AppSource.
 -Sonata Software Ltd has titled Sonata Software to showcase its
 hybris based 'Future - Ready' solutions at the SAP's 'SapphireNow'
 event at Florida