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Home > Business India > Company Profiles: Sun Infoways Ltd.

Sun Infoways Ltd.
Registered Office : 106 Janki Centre Shah Industrial Estate Off.Veera Desai Road Mumbai Maharashtra - 400053 Tel: 26344557
Business Group: Not Applicable Industry Type: Computers - Software
Key Officials:
Mr. Hozefa Vohra
Mr. Anil Pujari
Mr. Umesh Gowda
Mr. Tanvir Zaki
Mr. Praveen Sonalkar
Whole Time Director
Managing Director
Director
Director
Director
Public Issue Date: 07/03/1996 BSE CODE: 531707 NSE CODE: Not Available
Face Value: 10 Market Lot: 1 ISIN: INE236C01018
Current PE: 0.1393 Current Market Capital: 6.1833
Promoters %: Not Available
Promoters Shares: 0
Institution Investment %: Not Available
Institution Investment Shares: 0
Auditor:
Banker:
Registrar:
Company History: 1994

- The Company was incorporated on 29th June as BEST MULYANKANCONSULTANTS PRIVATE LIMITED with the Registrar of Companies Maharashtra at Mumbai. Subsequently the company was converted into aPublic Limited Company.

1995

- The name of the Company was changed to BEST MULYANKAN CONSULTANTSLIMITED on 21st June and fresh certificate of incorporation obtainedfrom ROC Maharashtra at Mumbai.

- The Company was promoted by Mr. Shrikant Vasant Joglekar and Mr.Sujit Shrikant Joglekar with the main object to render consultancyservices for valuation of assets such as Land Building Machinery andAgricultural Land.

- The Company has one wholly owned subsidiary viz. Vaskant Finance &Investment Private Limited.

1996

- The Company issue of 27 00 000 No. of equity shares of Rs.10/- eachat par aggregating Rs.270 lacs.

1998

- The Company proposes to offer the full range of its services to itsclients.

2000

- The Company was acquired 1 08 850 No. of equity shares of the companyrepresenting 2.15 per cent.

- Sun Infoways the Mumbai-based technology company has acquiredDiginet Technologies another Mumbai-based R&D entity in an all-cashdeal worth $1.5m.

- The Board of Directors of the company has approved the memorandum ofunderstanding detailing acquisition deal with Zap Infotech and hasdecided to issue shares to the promoters of the latter at Rs.850 pershare or at a price to be arrived at under Sebi preferential allotmentguide.

- The company has to issue 175 000 shares each to two Singapore firms.

- ZAP Infotech a division of Sun Infoways Ltd. has entered into anagreement with Microsoft to develop new course curriculum around thelatter's.Net strategy.

(Source: RTGSL)


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