1990 - The Company became a deemed Public Limited Company u/s 43A of the Companies Act 1956 with effect from 1st July and the word "Private" was deleted in the certificate of incorporation.

1992 - The Company became a full fledged Public Limited Company by passing a special resolution on 30th April by adopting a new set of Articles of Association. Hereinafter referred to as "Elbee" or "the Company".

1994 - The Company proposes to construct on a plot of land acquired on perpetual lease at a prime location i.e. next to the domestic airport in Mumbai a state-of-the-art HUB.

- The Company set up a Central Pickup Unit in Mumbai which enables the Company to provide a guaranteed one hour pick up its clients located anywhere in Mumbai.

- The Company signed a Memorandum of Understanding with the Indian Railways to lease out cargo space on express passenger trains on a daily basis.

- The Company has alloted 1 00 000 - 12% Unsecured Non-Convertible Debentures (NCD) of Rs. 100/- each aggregating to Rs. 100 lacs with ten detachable Warrants attached to each such NCD to the core promoters on 30th May.

1995 - The public issue of 1 700 000 equity shares of Rs. 10/- each for cash at a premium of Rs. 130/- per share aggregating to Rs. 2380 lacs received an overwhelming response from the public.

1996 - The Company has entered into a Joint Venture agreement with CSLB Aviation Holdings (Mauritius) Limited (CSLB).

1997 - The Company proposes to set up a new joint venture company in collaboration with United Parcel Service (UPS) or any of its affiliates to undertake a business pertaining to international integrated transportation (of parcel and packages) services.

- The setting up of a new joint venture company in collaboration with UPS is likely to provide a boost/competitive edge to the company in respect of the aforesaid business.

- Elbee Express Services one of the leading courier companies in the country is likely to sign a joint venture agreement with global courier major United Parcel Service (UPS) of the US.

1998 - Elbee Services proposed 50:50 joint venture United Parcel Services (UPS) is expected to be operational by April.

1999 - Courier major Elbee Services and Emery Worldwide (India) have signed a memorandum of understanding (MoU) for a strategic alliance to provide global customers a single-window intergrated logistics solutions in India.

- Elbee is proposing to form five wholly owned subsidiaries to set up intra-city operations in Mumbai New Delhi Calcutta Chennai and Bangalore.

2000 - Mumbai-based courier major Elbee Services (ESL) has tied up with the leading company in south India The Franch Express (TFE).

- Elbee Services Limited has signed an agreement with the financial major ICICI Limited to provide logistic support through e-commerce.

- The company has launched elbeenet.com which will provide logistics solutions to portals.

- The Company has proposal of issue of equity shares/PCDs/FCDs on private placement basis to FIIs MFs OCBs Corporate Bodies and other strategic investors Maximum shares arising out of this issue/conversion not to exceed 85 00 000 shares in numbers.

- The Company has signed an agreement with TNT India which will enable the courier giant to access TNT's global network.

- The Company has successfully completed the first tranche of preferential private placement of equity share worth Rs 37 crore with ICICI UTI and Tata Finance at a price of Rs 171 per share.

- The Company has tied up with YV Palande Consultants a regional courier service provider in Maharashtra.

- The Company has entered into a strategic alliance with BAX Global India part of the US-based conglomerate Pittston Company to jointly provide logistics services.