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Company Information

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BLS INFOTECH LTD.

24 February 2025 | 12:00

Industry >> IT Consulting & Software

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ISIN No INE606B01022 BSE Code / NSE Code 531175 / BLSINFOTE Book Value (Rs.) 0.93 Face Value 1.00
Bookclosure 29/09/2023 52Week High 6 EPS 0.00 P/E 0.00
Market Cap. 59.96 Cr. 52Week Low 1 P/BV / Div Yield (%) 1.47 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.

YEAR                                                                           EVENTS
1985 - The Company was originally incorporated as a Private Limited Company on 13th March,
             in the name of Appu Industries Pvt. Ltd. under the Companies Act, 1956 and Company as
             such became a Public Limited Company within the meaning of Section 3(1)(iv) of the Act.
1993 - The name of the Company was changed to Appu Industries Ltd. on and from October 19th, and a fresh certificate of incorporation was issued to that effect.

- The Company provides industry relevant courses both for professionals and students. It is the largest franchisee of Computer Point Ltd.

- The Company has conducted courses in DOS, Wordstar, D-Base, Lotus and other application packages depending on the requirements of each Company.

- The R & D division of the Company is mostly engaged in developing integrated, custom built packages for corporates. Software development is in the areas of accounting, inventory control, production planning and control, CPM/PERT analysis, etc.

           - The Company has entered in to a MOU with Computer Point Ltd. (CPL) the salient features of
             which are as under:
1995 - During the year, the Company had entered the capital market with a Public Issue of 40,50.000 No. of Equity Shares of Rs. 10/- each issued at premium of Rs. 10/- per share aggregating to Rs. 810 Lacs.

- Shri Suresh retire by rotation and being eligible offer himself for re-appointment.

1996 - Shri D K Saraogi retires by rotation and being eligible offer himself re-appointment.

- Smt. Lata Jain, Director of the company has since resigned from the Board of Directors for personal reasons.

1998 - Mr. P.K. Bagaria director of the company retires by rotation at the forth coming Annual General Meeting and being eligible, he offers himself for re-appointment.

- Mr. B.L. Jain resigned from the office of Director on personal ground and the Board places on record its sincers appreciation of the invaluable services rendered by Mr. Jain during the tenure of his office.

1999 - The Company has expanded its activities to a great extent to avail of the opportunities coming its way and in the process the company is facing a serious liquidity Crunch.

            - During the year under review, Mr. N. H. Bhatter a nominee of SICOM have since resigned from
              the Board of Director.
- Mr. D. K. Saraogi, retires by rotation at the forth coming Annual General Meeting and be being eligible, offers himself for reappointment.

2001 - Allotment of 25,00,000 No. of equity shares of Rs 10 each at a premium of Rs 2.50 per share in exchange of warrants A in terms of the preferential allotment of 25,00,000 No. of equity shares made on March 7.

2005 -Company has splits its Face value of Shares from Rs 10 to Re 1

2008

-The Company has issued Bonus Shares in the Ratio of 3:8.

2009

-Company has changed its name from Brels Infotech Ltd. to BLS Infotech Ltd.