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Company Information

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MELSTAR INFORMATION TECHNOLOGY LTD.

02 September 2024 | 12:00

Industry >> IT Consulting & Software

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ISIN No INE817A01019 BSE Code / NSE Code 532307 / MELSTAR Book Value (Rs.) 11.56 Face Value 10.00
Bookclosure 23/12/2024 52Week High 6 EPS 0.00 P/E 0.00
Market Cap. 7.19 Cr. 52Week Low 2 P/BV / Div Yield (%) 0.37 / 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.
Melstar Information Technologies Limited (CIN: L99999MH1986PLC040604) Is A Public Company Incorporated On 12 Dec 1986. It Is Classified As Non-Government Company And Is Registered At Registrar Of Companies, Mumbai. Its Authorized Share Capital Is Rs. 550000000.00 And Its Paid Up Capital Is Rs. 142831000.00. Melstar Information Technologies Limited'S Annual General Meeting (Agm) Was Last Held On 26 Dec 2019. And As Per Records From Ministry Of Corporate Affairs (MCA).

2000
- The Company has set up two development centres one at Bangalore and one in Mumbai, taking the total number of centres to 11.
- Melstar Information Technologies going in for a preferential issue of shares to fund the recently announced acquisition of three foreign companies.
- The Company has acquired the US-based IT company Global System for $1.8 million in a part cash and stock deal. 

2007
- Melstar Information Technologies Ltd has informed that Mr. Ashok Kumar Katial has been appointed as an Independent Non-executive Director of the Company with effect from October 08, 2007 in the casual vacancy caused by the resignation of Mr. Darius Pandole.

2009
- Melstar Information Technologies Ltd has informed that Mr. Rajesh V Shah and Mr. M S Adige have been appointed as an Additional Directors of the Company with effect from June 23, 2009. Being an Independent and Non-Executive Directors, they have also been co-opted as a member of the Audit Committee.

2024
-The Company Board has given in-principal approval for the acquisition of 51% stake in Plexus Aviation Services Private Limited.