Megasoft Limited is an Indian technology company, originally focused on IT services and telecom but now pivoting into high-growth sectors like Pharma, Aerospace, and Defense Electronics, with significant ongoing acquisitions and ventures, aiming to become a diversified conglomerate with subsidiaries like Extrovis AG and Sigma Advanced Systems UK LTD, listed on Indian stock exchanges.
2001-Board approves acquisition of Megasoft Consultants Inc., USA at a consideration of US$ 3.25 million, subject to necessary approvals.
2002
-Approves the issue of up to 14,00,000 shares to Interpro Scribe Ltd at Rs 70/- each on preferential basis. Accordingly the Board met on October 4, 2002 and decided to issue 207075 shares to Interpro Scribe Ltd.
2003
-Assessed at Maturity Level 4 in the Capability Maturity Model (CMM) for software of the Software Engineering Institute (SEI)
2004
-Board approves the proposal for merger / amalgamation XIUS India Ltd with the Company, based on the valuation report submitted by M/s Pricewaterhouse Coopers Pvt Ltd. (PwC).
-Satyam Computer has acquired the BSE-listed Chennai-based software services company Megasoft in a stock deal through his own company Xius.
2005
-Megasoft ties up with Registrat
2007
-Megasoft Ltd, telecom technology solutions provider, has completed a definite agreement to acquire US-based Boston Communications Group, Inc (BCGI) in an all cash deal valued at $65 million.
-The Company recommended a dividend of Rupee One per share (10%).
-Megasoft signs unprecedented multi-year, multi-million dollar ASP Agreement with US Company.
2008
-The Company recommended a dividend of 12% on equity shares of Rs 10 each
2010
-Megasoft created Innovation Centers to focus on the identification, nurturing, testing, and delivery of additional new solutions to the markets
-Megasoft plans $25 mn buyout in Latam, Europe.
2011
-The Company Appointed Mr. G V Kumar as Managing Director of the Company.
2012
- Megasoft bets big on near field communications.
2015
- "Megasoft launches XIUS AMPLIO to Accelerate Telecom and Internet Providers Data Revenues".
- Patent Awarded to Megasoft for Method of Performing Authentication and Service Translation for MVNOs
- Megasoft Awarded NFC Patent by USPTO.
2016
-Megasoft arm partners with Maxcom to launch MVNOs in Mexico.
2017
-Megasoft bags contract from BELTRON.
2021 -The company issued rights shares of Rs. 10 in the ratio of 2:3 at par.
2022 -Megasoft Limited has informed about Acquisition of stake in Extrovis AG, Switzerland
2024 -The Company Informed about Amalgamation of Sigma Advanced Systems Private Limited into and with Megasoft Limited.
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