Zenith Infotech Ltd.

YEAR                       EVENTS
 1996 - The Company was incorporated on September 20, as Zenith
 Networks
        Limited under the Companies Act, 1956, and renamed as Zenith
        Infotech Limited on December, 31.  The Company has been
 promoted
        by Mr. Rajkumar Saraf.
 
      - The Company entered the software business in December.  It
 has
        over 100 clients availing its SuperNET and Net.Enterprise
        service.
 
 1997 - The Company Launched Retail Banking Software.  Formed SBU for
        targeting towards turnkey software projects.  It Executed
        projects for Hindalco, Development Credit Bank, ACC.
 
      - The Company proposes to create an Employees Welfare Trust
        (Trust) called Zenith Infotech Employees Welfare Trust to
        implement the Employees Stock Option Plan.
 
 1998 - The Company launched Net.Council.Com.  It Executed projects
 for
        Blue Dart, Associated Capsules, JK Corp., Monsanto.  It
 started
        development ZenSync.
 
      - The Authorised share capital of Zenith Infotech is
        Rs.15,00,00,000 (Rupees Fifteen Crores) divided into
 1,50,00,000
        No. of Equity shares of Rs 10/- each.
 
 1999 - The company has undertaken projects for corporates and
 various
        export promotion councils like Chemexcil, Synthetic and Rayon
        Textile Council and others, recently concluding work for Blue
        Dart.
 
      - The company recently merged two companies, the Mumbai-based
        Zenith Infotech and Singapore-based Zenith Software in order
 to
        offer comprehensive hardware and software services the
        world-over.
 
      - ZENITH Infotech Ltd. is set to launch an Initial Public Offer
        (IPO) of equity shares at a premium of Rs. 100 per share to
        fund its new software development centre and meet its
 marketing
        expenses.
 
      - ZENITH Infotech Ltd (ZIL), the software development arm of
 the
        Mumbai-based Rs. 200-crore Zenith Computers, on Friday said
 it
        would set up subsidiaries abroad as part of the company's Rs.
        45-crore expansion plans.
 
      - The company recently acquired Zensoft Technologies in
 Singapore
        for $50,000 and converted it into a wholly-owned subsidiary,
        Zenith Infotech (Singapore) Ltd.
 
      - ZIL has so far launched software products for retail banking
        and export promotion councils.  It has also introduced an
        Internet banking product, iBanker, for nationalised banks.
 
      - The company is also engaged in web infrastructure
 maintenance,
        client/server re-engineering, database development, web
        development, network integration, middleware technology such
 as
        COM and CORBA, web page design and scrip development, etc.
 
      - The company has developed software products for banking
        industry, mainly in the areas of internet banking and
        centralised MIS software, Besides, it has developed products
        for export promotion councils and trade organisations called
        net.council.com and is planning to market these products to
        trade associations and councils in countries like Singapore
 and
        the US.
 
      - Public Issue of 34,75,000 No. of Equity Shares of Rs 10 each,
 for
        cash at a premium of Rs 100 per share to public and Rs 115
 per
        share to FIs, MFs, etc. (on firm allotment) aggregating Rs
 39.12
        Crores.
 
      - It started development of phase 2 of ZenSync.  It Development
        Net.Bank.Com.  It acquired Zensoft Technologies (Singapore)
 Pte.
        Ltd.  The Company established branch offices in Delhi,
 Bangalore,
        Chennai and Pune.
 
      - The name of the Company has been changed to Zenith Infotech
 (S)
        Pte. Ltd. w.e.f. 25th October.
 
 2000 - The company has plans to convert its overseas offices into
              on-site development centers to strengthen its reach in
 the
              international markets.
 
           - The issue, which opened on December 15, 1999, has been
 over
              subscribed 22 times.
 
           - Zenith Infotech currently has a development center at
 Mumbai with
             75 employees.
 
           - The Company proposed $ 100-million ADR/GDR issue,
 scheduled for this
              November/December, has been put off to the econd quarter
 of next year 
             due to poor market conditions.
 
 2009
 
 - Zenith Infotech Ltd has appointed Mr. Vipin Maneklal Shah as a
 Director of the Company with effect from March 31, 2009.
 
 2014
 -The Registered Office of the Company has been  shifted from
 Electronic Sadan-1, Mahape, Navi Mumbai to Millenium Business Park,
 Mahape, Navi Mumbai to Gala No. 9 (Ground Floor), Building No. 2,
 Sector 3, Millenium Business Park, Mahape, Navi Mumbai - 400 710.