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Home > Business India > Company Profiles: Infomedia 18 Ltd.

Infomedia 18 Ltd.
Registered Office : Ruby House 'A' Wing J. K. Sawant Marg Mumbai Maharashtra - 400028 Tel: 24232323
Business Group: ICICI Group Industry Type: Printing/Publishing/Stationery
Key Officials:
Mr. Raghav Bahl
Mr. Sanjeev Manchanda
Mr. Senthil Chengalvarayan
Mr. Saikumar Ganapathy Balasubramanian
Mr. Manoj Mohanka
Mr. Haresh Chawla
Chairman / Chair Person
Director
Director
Director
Director
Managing Director
Public Issue Date: Not Available BSE CODE: 509069 NSE CODE: INFOMEDIAEQ
Face Value: 10 Market Lot: 1 ISIN: INE669A01022
Current PE: 0 Current Market Capital: 139.9911
Promoters %: 62.6939
Promoters Shares: 12396999
Institution Investment %: 10.8953
Institution Investment Shares: 2154419
Auditor:
S R Batliboi & Associates
Banker:
Registrar:
T S R Darashaw Ltd. No. 6-10 Haji Moosa Patrawala Ind. Estate 20 Dr. E. Moses Road MahalaxmiMumbai 400011 Maharashtra 66568484
Company History: 1955

- The company was incorporated on 30th May 1955 as a Private LimitedCompany under the name of `The Commercial Printing Press Ltd.' andtook over the printing division of Tata Sons Ltd. In 1965 it wasconverted into a Public Limited Company. The main objects of thecompany is printing publishing graphic designing and to deal inhorological products of all types timing devices and related products.

1966

- The name of the company was changed to Tata Press Ltd. in 1966. TheCompany is one of the leading printers in the country withstate-of-the-art facilities for providing complete print service.

- The range of work produced includes corporate annual reports capitalissue documentation newspapers magazines periodicals publicitymaterials books directories catalogues calanders dairies computerstationery security printing office stationery phototypesetting halftones colour separations and plates.

1973

- Out of the total shares issued till date 1 480 shares were issued asfully paid-up pursuant to a contract without payment in cash.

1977

- The Time products division was established and it was engaged inproviding technical and commercial services related to the sale ofFrance Ebauches' movements to watch assemblers mainly in thesmall-scale sector.

1978

- 2 200 bonus equity shares issued in prop. 2:3.

1980

- In July the Company installed new phototypesetting equipment fromthe Alphatype Corporation featuring a high quality CRT typesetter three video terminals a line printer and a paper-tape punch and areader.

1981

- New equipments were installed in the studio printing and finishingdepartments.

1982

- New equipment installed included a microprocessor controlledfour-colour sheet-fed press and an electronic colour scanner.

- The Company undertook to set up a second printing unit at Nerul inNew Mumbai.

- 2 500 Bonus equity shares issued in prop. 7:11.

1983

- A new four-colour web-offset press was installed replacing sheet-fedpresses.

1984

- The Company issued 4 50 000 No. of equity shares of Rs 10 each at apremium of Rs 12 per share and 2 00 000-15% secured non-convertibledebentures of Rs 100 each. Out of this 9 000 No. equity shares and4 000 debentures were reserved for preferential allotment to businessassociates of the Company and 22 500 No. of equity shares and 1 000debentures were reserved for preferential allotment to the employees ofthe Company. The Balance 4 18 500 No. of equity shares and 1 86 000debentures along with the unsubscribed portion of the categories wasoffered for public subscription during November.

1986

- The Company embarked on the first phase of modernisation andinstalled an electronic page make-up system in the prepress area. Ahigh speed high volume adhesive binder was installed.

- During November the Company issued 1 31 250-13.5% securedconvertible debentures of Rs 200 each. Of the issue 6 250 debentureswere reserved for allotment to the employees (including Indian workingdirectors) on an equitable basis and the balance of 1 25 000 debentureswere offered to the existing equity shareholders on a rights basis inthe proportion of 1 debentures for every 10 equity shares held.Additional 31 250 debentures were allotted to retain over-subscription.

- A portion of Rs 80 of each debenture was to be automatically andcompulsorily converted into 2 equity shares of Rs 10 each at a premiumof Rs 30 per share as on 1st April 1987. The non-convertible portionof Rs 120 of each debenture would be redeemed at par at the end of 10years from the date of allotment of the debentures.

1989

- A Heidelberg four colour printing machine with computer processcontrol was installed at the Nerul plant.

- 3 25 000 No. of share issued in part conversion of debentures.

1990

- The Company installed a Heidelberg Speedmaster two colour perfectingmachine and a Muller Martini automatic Sewing Line.

- 7 78 500 Rights shares issued (prem. Rs 12 per share prop. 1:2).Aditional 1 18 125 shares allotted to retain over-subscription.Another 39 375 shares offered to employees (prem. Rs 12 per share).Only 34 375 shares taken up and the balance 5 000 shares allowed tolapse.

1991

- The Company launched its own yellow pages for the city of Mumbai.Yellow pages product was launched in Delhi also.

- At the 25th All India Pinters' Conference and Pamex 91 held atCalcutta the Company was awarded the prestigious Framroze R PoonawallaMemorial Trophy for overall excellence in colour printing. Besides the Company also won eleven awards the highest number of excellence inoffset printing.

- The right Issue of 7 87 500 No. of Equity Shares of Rs 10/ each at apremium of Rs 12/ per share approved by the shareholders at the lastAnnual General Meeting evoked goods response from the Shareholders andwas oversubscribed by more than 52%.

- The Company alloted 9 40 000 Equity Shares of Rs 10/ each at apremium of Rs 12/ per share aggregating Rs 206.80 lakhs. Consequently the paid up share capital has gone up by Rs 94 lakhs and the sharepremium account by Rs 112.80 lakhs with effect from 28th February.

- The Company has recently installed and commissioned a new photo typesetting-cum-imaging system.

1992

- The Company installed its second high speed web offset commercialpress apart from commissioning a hand case bookbinding line.

- During December 1992-January 1993 the Company issued 12 57 500 No.of Equity shares of Rs 10 each at a premium of Rs 90 per share onrights basis in the proportion of 1:2 (all were taken up).

- The Directors propose to make a Rights Issue of Equity Shares in theratio of 1:2 at a premium of Rs 90 per Share.

- The Credit Rating Information Services of India Limited has assignedan "A" Credit Rating to these Debentures signifying adequate safetywith regard to timely payment of interest and principal.

1993

- The Company launched the Yellow pages in Bangalore and Ahmedabad.

- The Company has now launced a Yellow Pages project at Delhi also.During the year the Company has installed its second high speed weboffset commercial press.

- During the year the Company issued Rights Shares in the Ratio 1:2 ata premium of Rs. 90/- per share. The issue was over-subscribed.

1994

- The Company entered into an agreement with Donnelley for apartnership in India in order to achieve accelerated growth through newproducts and technologies as also access to Donnelley's globalcustomer base.

- Donnelly had received permission to set up a 100% subsidiary viz.`R.R. Donnelley (India) Private Ltd.' in India.

- The Company proposed to issue 12 90 000 No. of equity shares at aprice of Rs 280 per share on preferential basis to R. R. Donnelley(India) Pvt. Ltd.

- Vantech Investments Ltd. and Design Shop (India) Ltd. are thesubsidiary of the Company.

- During the year the Company installed its second saddle stitcherbinding machine and its second fuly automatic perfect binding machine.

- The Company has also launched the Tata Press "Yellow Pages" inBangalore and Ahmedabad.

1995

- The Company launched the `Tata Press Exporters Pages' with a view toencourage exports.

- During the year the Company installed a Heidelberg Speedmaster twocolour perfecting machine and a Muller Martini Automatic Sewing Line.

- A Shareholders' Agreement will be signed between Tata Sons Limitedand R. R. Donnelley (India) Private Limited.

1996

- The Company acquired a state-of-the Veha-violet coating machine.

- The Company changed the name from `Tata Press Ltd'. to `TataDonnelley Ltd.' on order to reflect the spirit of the relationshipbetween Tatas and R.R. Donnelley the two major shareholders.

1997

- The Company released its yellow pages for Chennai Mumbai and NewDelhi on CD-ROM and the Exporter's pages on the Internet. In Mid-1997Special interest publishing division was launched.

- 25 42 700 bonus shares issued in prop. 1:2.

1998

- An Industrial source book called `Search' was launched in thecorporate sector January. Touchstone division launched `Have Fun'series of childrens books which received an enthusiastic response fromboth children and parents.

- Tata Donnelley Ltd (TDL) has launched Search a monthly journal ofindustrial information. The book has been launched by the SpecialInterest Publication Division of TDL.

- TDL entered the information service business in 1991 with thepublication of the Yellow Pages directory for Mumbai.

- Tata Donnelley is the country's largest general commercial printingpress. Apart from the popular Tata Yellow Pages Directory the companyprints annual reports magazines and publicity material.

- Tata Donnelley has introduced the Touchstone range of officestationery items which is likely to yield higher margins. It has alsolaunched magazines produced and published inhouse which would enhancethe earnings stream.

- Tata Donnelley is organizing Asia's largest photographic and imagingexhibition-Photo Asia 99 in one of the most rapidly growing photographymarkets in the world - India.

1999

- TD is a joint venture between the Tata group and the US$ 6 billion R.R. Donnelley & Sons Co (both have 26% equity stake each).

- TD has recently set up a separate division to bring out magazinescatering to hobbies/niche markets. It has also published a number ofbooks for children under the age of 10 years. With the information onlatest industrial products and services as its main focus a newmagazine called SEARCH was launched in January `99.

2000

- The Company launched the first edition of the better photographyBlack Book 2000.

- Tata Donnelley Ltd the printing and publishing company of the TataGroup is entering manufacture of "information products".

- The Company to convert its yellow pages on the Internet -www.typoline.com - into a separate profit centre.

- During the year the Special Inerest Publications Division launchedthe Better Photography Black Book a compilation of top-classphotographs by top Indian photographers.

- BRIGHTSPARKS the Children's Books Division of the Company haspublished 34 titles. These books have had a successful launch in themarket and accelerated growth is anticipated in the coming years.

- TOUCHSTONE the Company's branded range of diaries and relatedstationery also had a successful year with impressive growth inturnover and bottomline.

- The Company introduced a VRS scheme at its Prabhadevi Plant.

- As a result of the change in shareholding the Company proposes tochange its name to Tata Infomedia Ltd.

- Consequent to the change in shareholding Mr. James Mauck Ms. MonicaForhman and Mr. Bijesh Thakker have resigned as Directors of theCompany.

- During the year the Company has entered into agreements with theNational Securities Depository Limited (NSDL) and the CentralDepository Services (India) Limited (CDSL).

- Issued and subscribed 76 28 100 No. of Equity Shares of Rs. 10 each fully paid up

- 1 48 000 No. of Equity Shares of Rs. 10 each are issued as fully paidup pursuant to a contract without payment having been received in cash.

- 4 70 000 No. of Equity Shares of Rs. 10 each are issued as fully paidup bonus shares by capitalisation of general reserve.

- 25 42 700 No. of Equity Shares of Rs. 10 each were issued as fullypaid up bonus shares by capitalisation of share premium account.

- The Company has launched the first edition of Khana Pina -- aninformation guide on restaurants across Mumbai.

2002

-Announces its first project in Hindi motion picture production. The film titled "Aitbaar" directed by Vikram Bhatt and with music by Rajesh Roshan stars Amitabh Bachchan Bipasha Basu and John Abraham

2003

-Trading symbol of the company on NSE changed from 'TATAPRESS ' to 'TATAINFO' w.e.f September 17 2003

-Arranged an exhibition called AV Expo 2003 for the first time in Bangalore

-ICICI Ventures has decided to acquire the Tata Group's 50.34% stake constituting 5.7 lakh shares in Tata Infomedia Limited.

-Mr. M Shankar Narayanan has been appointed as a Non-executive Director on the Board of Directors of the Company with immediate effect. Mr. M Shanka Narayanan has been appointed as a nominee of ICICI

-Ms. Denny Thomas - Company Secretary has been designated as the Compliance Officer of the Company. The said change is because of the resignation of Ms. Sree Vidya Raju from the services of the Company.

-The company has sold its entire holding of 10 96 650 fully paid up equity shares of Rs 10/- each in Titan Industries Ltd to the Vendors and their nominees for a total consideration of Rs 151 million.

-Acquirers have completed the purchase of 57 19 927 equity shares of Rs. 10/- representing 49.99% of the total issued and paid up capital of the company from the Vendors.

-Share Purchase Agreement dated September 01 2003 entered into between ICICI epayments Limited ('Acquirers' as per the said agreement) and Tata Sons & Other Tata Companies ('Vendors' as per the said agreement) the Company has sold its entire holding of 19 90 000 fully paid up Equity Shares of Rs.10/- each of Vantech Investments Limited to some of the vendor Companies for a total consideration of Rs.5.10 Crores.

2004

-ICICI ePayments Ltd. has informed that they have acquired 8008357 shares amounting to 69.99% of the total paid up capital of Tata Infomedia Limited

-Mr. K M Mistry and Mr. Ishaat Hussain have resigned from the Board of the Company.

- Ms. Renuka Ramnath and Mr. P. M. Devaiah have been appointed as Non-executive Directors being nominees of ICICI ePayments Limited on the Board of Directors of our Company with immediate effect.

-Ms. Renuka Ramnath and Mr. P. M. Devaiah appointed as Non-executive Directors being nominees of ICICI ePayments Limited

-Tata Infomedia Ltd has informed that Mr. N D Khurody Mr. Cyrus Guzder and Mr. Pradip Shah have resigned from the Board of Directors of the Company.

-Tata Infomedia Ltd has informed that at the Board Meeting of the Company held on January 29 2004 Ms. Renuka Ramnath has been appointed as the Chairman of the BoD.

-Tata Infomedia Ltd has informed that at the EGM held on January 29 2004 the Shareholders of the company have approved the Special Resolution for Change of Name of the company from Tata Infomedia Ltd to 'Infomedia India Ltd'.

-Infomedia gets 8 print FDI offers

-Infomedia unveils yellow pages in Chennai

-Infomedia India signs MOU for sale of Company's property

2005

-Infomedia India signs agreement with Ringier Trade Publishing Hong Kong.

2007

-Infomedia India Ltd has appointed Mr. Vijay Kumar as Additional Director of the Company.

2008

-Infomedia India Ltd has informed that the name of the Company has been changed from "Infomedia India Ltd" to "Infomedia 18 Ltd".

(Source: RTGSL)


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