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Mindteck (India) Ltd

Wed 30/04/2025,15:59:54 | NSE : MINDTECK

₹ 218.93-1.12 (-0.51%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 228.00

Previous Close

₹ 220.05

Volume

328635

Mkt Cap ( Rs. Cr)

₹699.53

High

₹ 236.00

Low

₹ 213.35

52 Week High

₹ 368.00

52 Week Low

₹ 145.00

Book Value Per Share

₹ 76.46

Dividend Yield

0.45

Face Value

₹ 10.00

What’s Your Call?

Collective community sentiment on Mindteck (India) Ltd

Your Vote -

Buy

75.00%

Hold

8.33%

Sell

16.67%

75.00%

12 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

0%

Sell Order Quantity

100%

Bid Price

Qty

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

0

Bid Price

Qty

218.93

2066

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

2066

Option Chain

Analyzes market sentiment, predicts Mindteck (India) Ltd' movement.

NO_RECORD_FOUND

News

Media spotlight triggers stock stock attention, sentiment.

  • Mindteck (India) - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A

    30 Apr 2025, 11:34AM <b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border='1px'><tr> <td><b>Sr. No.</b></td
  • Mindteck (India) has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    16 Apr 2025, 5:42PM As of March 2025, 64.36% is owned by Foreign Promoters and 35.64% by Public. <p align=justify> Top Promoter holding highest number of shares of Mindte
  • Mindteck (India) - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    14 Apr 2025, 3:57PM Mindteck (India) Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Mindteck (India) - Alteration Of Capital and Fund Raising-XBRL

    4 Apr 2025, 10:30AM MINDTECK (INDIA) LIMITED has informed the Exchange regarding Allotment of Securities
  • Mindteck (India) - ESOP/ESOS/ESPS

    4 Apr 2025, 10:29AM Mindteck (India) Limited has informed the Exchange regarding Allotment of 40000 Shares.
  • Mindteck (India) - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    4 Apr 2025, 10:25AM Allotment of ESOPs
  • Mindteck (India) - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    3 Apr 2025, 6:34PM MINDTECK (INDIA) LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Ag
  • Mindteck (India) - Appointment

    3 Apr 2025, 6:33PM Mindteck (India) Limited has informed the Exchange regarding Appointment of Mr Karnendu Raja Pattanaik as Practice Head - Storage of the company w.e.f
  • Mindteck (India) - Announcement under Regulation 30 (LODR)-Change in Management

    3 Apr 2025, 6:32PM Appointment of Senior Management Personnel
  • Mindteck (India) - Trading Window-XBRL

    26 Mar 2025, 8:33PM MINDTECK (INDIA) LIMITED has informed the Exchange about Closure of Trading Window
  • Mindteck (India) - Board Meeting Intimation

    26 Mar 2025, 8:31PM MINDTECK (INDIA) LIMITED has informed the Exchange about Board Meeting to be held on 23-May-2025 to consider and approve the Yearly Audited Financial
  • Mindteck (India) - Trading Window

    26 Mar 2025, 8:28PM Mindteck (India) Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations,
  • Mindteck (India) - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    24 Mar 2025, 1:08PM MINDTECK (INDIA) LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Ag
  • Mindteck (India) - Resignation

    24 Mar 2025, 1:07PM Mindteck (India) Limited has informed the Exchange regarding Resignation of Mr Babu Ramanathan as Senior Vice President, Global Delivery of the compan
  • Mindteck (India) - Announcement under Regulation 30 (LODR)-Change in Management

    24 Mar 2025, 1:05PM Resignation of Senior Management Personnel
  • Mindteck announces resignation of Managing Director & CEO Anand Balakrishnan

    5 Mar 2025, 10:05AM Mindteck (India) Limited, a global engineering and technology solutions company specializing in storage, medical devices, semiconductors, and analytic
  • Mindteck (India) - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    4 Mar 2025, 9:01PM MINDTECK (INDIA) LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Ag
  • Mindteck (India) - Press Release

    4 Mar 2025, 8:51PM Mindteck (India) Limited has informed the Exchange regarding a press release dated March 04, 2025, titled ""Mindteck Announces Resignation of Mr. Anan
  • Mindteck (India) - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    4 Mar 2025, 8:50PM Press Release
  • Mindteck (India) - Resignation

    4 Mar 2025, 8:47PM Mindteck (India) Limited has informed the Exchange regarding Resignation of Mr Anand Balakrishnan as Managing Director & CEO of the company w.e.f. Mar
  • Mindteck (India) - Announcement under Regulation 30 (LODR)-Change in Directorate

    4 Mar 2025, 8:44PM Resignation of Key Managerial Personnel
  • Mindteck (India) - Alteration Of Capital and Fund Raising-XBRL

    2 Mar 2025, 10:23AM MINDTECK (INDIA) LIMITED has informed the Exchange regarding Allotment of Securities
  • Mindteck (India) - ESOP/ESOS/ESPS

    2 Mar 2025, 10:20AM Mindteck (India) Limited has informed the Exchange regarding Allotment of 64167 Shares.
  • Mindteck (India) - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

    2 Mar 2025, 10:17AM Allotment of ESOPs
  • Mindteck (India) - Press Release

    26 Feb 2025, 1:33PM Mindteck (India) Limited has informed the Exchange regarding a press release dated February 26, 2025, titled ""Mindteck Appoints Mr. Babu Ramanathan a
  • Mindteck (India) - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    26 Feb 2025, 1:31PM Press Release
  • Mindteck (India) - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    19 Feb 2025, 8:25PM MINDTECK (INDIA) LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Ag
  • Mindteck (India) - Appointment

    19 Feb 2025, 7:59PM Mindteck (India) Limited has informed the Exchange regarding Appointment of Mr Babu Ramanathan as Senior Vice President, Global Delivery of the compan
  • Mindteck (India) - Announcement under Regulation 30 (LODR)-Change in Management

    19 Feb 2025, 7:57PM Appointment of Senior Management Personnel
  • Mindteck (India) - Action(s) taken or orders passed

    14 Feb 2025, 4:57PM Mindteck (India) Limited has informed the Exchange about Action(s) taken or orders passed
  • Mindteck (India) - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disc

    14 Feb 2025, 4:55PM Update on Tax Litigation under Regulation 30 of SEBI (LODR) Regulations, 2015
  • Mindteck (India) - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    12 Feb 2025, 6:42PM MINDTECK (INDIA) LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Ag
  • Mindteck (India) - Resignation

    12 Feb 2025, 6:41PM Mindteck (India) Limited has informed the Exchange regarding Resignation of Mr Harish Nair as Chief Sales Officer of the company w.e.f. February 12, 2
  • Mindteck (India) - Announcement under Regulation 30 (LODR)-Change in Management

    12 Feb 2025, 6:38PM Resignation of Senior Management Personnel
  • Mindteck (India) - Press Release

    6 Feb 2025, 12:18PM Mindteck (India) Limited has informed the Exchange regarding a press release dated February 06, 2025, titled ""Mindteck Reports Financial Results for
  • Mindteck (India) - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    6 Feb 2025, 12:16PM Press release on Financial Results for the quarter ended December 31, 2024
  • Mindteck (India) - Copy of Newspaper Publication

    6 Feb 2025, 10:56AM Mindteck (India) Limited has informed the Exchange about Copy of Newspaper Publication
  • Mindteck (India) Q3 net profit down 25.57% at Rs 3.29 cr

    5 Feb 2025, 2:51PM The company reported standalone net profit of Rs 3.29 crore for the quarter ended December 31, 2024 as compared to Rs 4.42 crore in the same period la
  • Mindteck (India) - Integrated Filing- Financial

    5 Feb 2025, 2:51PM INTEGRATED FILING-FINANCIAL
  • Mindteck (India) - Updates

    5 Feb 2025, 2:37PM Mindteck (India) Limited has informed the Exchange regarding 'The Nomination and Remuneration Committee granted 1,04,517 options under Mindteck Employ
  • Mindteck (India) - Outcome of Board Meeting

    5 Feb 2025, 2:31PM Mindteck (India) Limited has informed the Exchange regarding Board meeting held on February 05, 2025.
  • Mindteck (India) - Financial Result Updates

    5 Feb 2025, 2:30PM Mindteck (India) Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • Mindteck (India) - Integrated Filing (Financial)

    5 Feb 2025, 2:55PM INTEGRATED FILING-FINANCIAL
  • Mindteck (India) - INTEGRATED FILING-FINANCIAL

    5 Feb 2025, 2:53PM INTEGRATED FILING-FINANCIAL
  • Mindteck (India) - Grant Of Options Under Mindteck Employees Stock Option Scheme 2005, 2008 And 2014, To The Eligible Employe

    5 Feb 2025, 2:39PM Grant of options under Mindteck ESOP Schemes 2005, 2008 and 2014 pursuant to the Bonus Issue
  • Mindteck (India) - Board Meeting Outcome for Submission Of Financial Results Pursuant To Regulation 33 And Outcome Of The Boa

    5 Feb 2025, 2:35PM We would like to inform you that the Board of Directors of the Company has approved the Unaudited Financial Results for the Quarter and Nine Months en
  • Mindteck (India) - Submission Of Financial Results Pursuant To Regulation 33 And Outcome Of The Board Meeting Pursuant To Reg

    5 Feb 2025, 2:28PM Financial Results for the quarter ended December 31, 2024
  • Mindteck wins project

    2 Jun 2020 , 12:32PM Mindteck announces key Project Win

Key fundamentals

Evaluate the intrinsic value of Mindteck (India) Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 162.9 145.83 142.16 130.6 121.89
Liabilities 162.9 145.83 142.16 130.6 121.89
Equity 25.35 25.27 25.71 25.62 25.62
Gross Profit 24.15 21.13 16.53 18.28 7.3
Net Profit 18.27 14.87 10.98 8.53 -59.24
Cash From Operating Activities 15.8 10.45 19.74 20.53 6.15
NPM(%) 13.07 11.48 9.61 8.2 -64.17
Revenue 139.69 129.51 114.25 103.98 92.31
Expenses 115.54 108.38 97.72 85.7 85.01
ROE(%) 7.47 6.08 4.49 3.49 -24.24

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
02 Aug 2024 1 10 0.46 325.2
04 Aug 2023 1 10 0.46 132.15
04 Aug 2022 1 10 0.46 130.45
06 Aug 2019 1 10 0.46 36
12 Sep 2018 1 10 0.46 56
03 Aug 2017 1 10 0.46 81.65

Peers

Other companies within the same industry or sector that are comparable to Mindteck (India) Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
ROX Hi-Tech Ltd 42.40 1.80 4.56 504.23 93.02 0.00
Tata Consultancy Services Ltd 3453.70 -0.54 25.74 79929.60 13419.52 3.65
Accelya Solutions India Ltd 1341.70 -2.08 15.86 329.59 628.74 4.84
Allied Digital Services Ltd 185.63 -2.70 19.44 1221.02 162.64 0.81

Company Info

YEAR EVENTS 1985 - The Company was incorporated on 4th February as private limited company under the name of "Hinditron Instruments Pvt. Ltd.", Bangalore for the manufacture of oscilloscopes and other electronic test and measuring instruments. - The main object of the company is manufacturing and marketing of electronic test and measurement equipments. 1987 - 75,000 No. of equity shares subscribed for by Hinditron Group of companies. 1988 - The Company was converted into a public limited company on 28th September, and its name was once again changed to Hinditron Tektronix Instruments Ltd. It was promoted by Hinditron Group of Companies in collaboration with Tektronix Inc., U.S.A. - On 1st October, the Company was appointed the sale representative in India for Tektronix products in India. The agreement involves a wide range of products such as laboratory and service oscilloscopes, logic and spectrum analyzers, colour graphics printers, terminals, workstations, waveform monitors, communication network analyzers and related products. - The Company also entered into a warranty services agreement under which it was to carry the warranty obligations of Tektronix for the products sold in India. - Hinditron Instruments Pvt. Ltd., and Tektronix Inc., U.S.A., entered into a technical collaboration agreement for a period of 10 years for supply of technical, manufacturing, tooling and other related information used in the manufacture of specified protable oscilloscopes and associated accessories. - Equity shares subdivided on 15th July, 22,50,000 No. of equity shares of Rs.10 each then issued at par of which the following shares were reserved and allotted on firm basis: - (i) 12,00,000 shares to Tektronix Inc., U.S.A., and - (ii) 1,50,000 shares to Indian resident directors, promoters of the Company, etc. Of the remaining 9,00,000 shares, 1,12,500 shares were reserved for allotment on a preferential basis to employees/workers of the company and those of promoter companies (only 47,800 shares taken up). The balance 7,87,500 shares along with 64,700 shares not taken up by employees were offered for public subscription during December (all were taken up). 1989 - The initial launch of 2400 series of oscilloscopes was successful in the market and 6 more new products of real-time and digital storeage oscilloscopes were introduced. 1991 - Due to various factors such as slow growth in business, high inflation, higher cost for imported inputs, etc., that affected adversely the performance of the Company, the overall working could have been still better. Ten different models of real time Oscilloscopes were introduced. - The Company established a 100% EOU at Seepz for implementing its project for export of software. 1992 - 6,00,000 Rights shares issued (prem. Rs.40 per share prop 1:5). 1993 - The Company successfully launched new generation test and measuring products like TDS scoper, GPX Logic Analyzers, Logic Scopes, Tek tools which continue to be the bedrock of future success. 1994 - The Company undertook to set up a new, larger facility in phase-II of Peenya Industrial Area, close to the existing location. The Company proposed to manufacture other high technology products having higher band widths, newer techniques and wider applications. - Tektronix has increased its shareholding from 40% to 62.38% of equity capital in the Company by buying shares from co-promoters of Hinditron group. Hence, the Company is a subsidiary of Tektronix. - During the year under review, the Company entered the capital market on 25th October, 1993 by a Public issue of 27,00,000 No. of equity shares of Rs. 10/- each for cash at par for financing part of its capital outlay. - During the year the Company has received approval for setting up of a Software Development Centre in the Santacruz Electronic Export Processing Zone, at Mumbai. - HSMIL was promoted by your Company in technical and financial collaboration with Schiller AG, Switzerland, for the manufacture of some of the medical electronic equipments from Schiller's range of products like state-of-the-art Portable Computerized Multi Channel ECG Analyzers. 1995 - The Company's software export business was adversely affected by changes in laws and regulations in overseas countries. - The medical division began setting up a dealer network across India in order to increase its market coverage. - The Company has been appointed as distributor for the Indian market by ZYMED INC. USA for Holter Monitoring and Telemetry Monitoring Systems, INSTROMEDIX INC. USA for Trans Telephonic ECG and MEDRAD INC. USA for Dye Injectors. - The Company has a state-of-the-art facility at SEEPZ, Mumbai and another one at Bangalore from where we undertake, both on-site as well as remote delivery projects. - To give additional thrust to the software exports, the company have HINDITRON INTERNATIONAL INC. a wholly owned subsidiary in USA. - The Company has entered into marketing alliances with Companies in Belgium and Australia. - The Company expands its product range to meet emerging market needs with the assistance from its foreign principals. - Mr. Hemant S. Sonawala and Mr. Pravin R.Gandhi retire from the Board by rotation and being eligible, offer themselves for re-appointment. 1996 - The Software Systems & Services Business division has introduced LIMS (Laboratory Information Management System) for domestic customers which is targeted at laboratories, pharmaceutical, petrochemical and chemical industries. - The Software Systems & Services Business division has also developed a system for export packing credit management and the same has been supplied to Bank of Baroda and is being marketed to other Indian banks. The division is also a re-seller for Infosys' Bancs 2000 which is a Bank automation software. - The Computer Graphics Division has introduced desk top drum scanners and image setters from Scanview during the year. - During the course of the year, the Medical Electronics division has introduced two sterling products of Schiller AG, namely, AT-2 a six channel computerised ECG and SP-1 a pulmonary functional unit. - During the year, Hinditron Schiller Medical Instruments Limited ceased to be a subsidiary of the Company. - The Company proposes to issue Equity Shares upto an amount not exceeding Rs. 200 Lakhs to Promoters/Promoter Group to augment the long term resources as per SEBI guidelines for Preferential Issue of Shares and subject to necessary approvals by SEBI. - Mr. Saurabh H. Sonawala and Mr. Kirit R. Gandhi retire from the Board by rotation and being eligible, offer themselves for re-appointment. 1997 - The Company is rationalising its product business of Medical and Computer Graphic Divisions and is concentrating on its core competency business i.e. software engineering services and networking business where the Company has significant strength. - Mr. Pravin R. Gandhi, Mr. Manoj A. Shah, Mr. Gaurang N. Sanghv resigned the Board with effect from 17th March. 1999 - The company acquired 78,00,000 No. of Equity Shares of Rs. 10/- each representing 65% of the Equity Share Capital of Company from Mr. Hemant S. Sonawala and Associates after obtaining the necessary and required clearances and approvals. - The Company further acquired 43,200 No. of Equity Shares of Rs. 10/- each from Public Shareholders. - As the Company is no longer part of the Hinditron group of companies, the Directors are proposing a change in the name of your Company to Mindteck (India) Limited. - During the year the paid up capital of the Company increased from Rs. 650 lacs to Rs. 1200 lacs with effect from June 18, 1998 and from Rs.1200 lacs to Rs. 2000 lacs with effect from January 22, consequent to Preferential Allotment of 55 lacs Equity Shares and 80 lacs Equity Shares of Rs. 10/- each at par respectively. - Mr. Kamlesh Sonawala has resigned from the office of Director with effect from 7.1.99. - During the year, Mr. Philippe Silberzahn was appointed as Managing Director of the Company effective from February 11, and he has taken charge of his new assignment. 2000 - Nicco Infotech Ltd. was merged with the company & issue of 4,50,000 eight per cent non-convertible cumulative redeemable preference shares of Rs 10 each aggregating Rs 4.5 crores and acquisition of Mindteck Consulting Inc. US. 2001 - The Company has completed allottment of 12,50,000 No. of equity shares of Rs. 10/- each at a premium of Rs. 90/- per share to its shareholders in the recently concluded rights issue. - Mindteck, a global software services company has announced the appointment of Sumit Ganguly as its group chief executive officer. 2002- Mindteck appoints Krishna Vaidya as GM-Marketing. - Ravi Ramachandran joins Mindteck as Director-Finance & Strategic initiatives. -Soumitra Ganguli appointed as Managing Director of Mindteck India. 2003 -Mindteck India Ltd has informed BSE that Mr L M Singh has resigned as Director of the company -Board approves financial restructuring -Mr Soumitra Ganguli has resigned as Managing Director of the company. 2006 -Mindteck India Ltd has informed that Mr M G Ved, Director of the Company has taken over as Chairman of the Company's Board from Mr K V Aiyappan. 2007 - Mindteck India Ltd has informed that the Company's Board has approved the appointment of Mr. Pankaj Agarwal and Mr. Vivek Malhotra as additional directors on the Company's Board of Directors effective February 09, 2007. Mr. Agarwal will be a non-executive director representing the promoters on the Company's Board, while Mr. Malhotra will be a non-executive and independent director on the Company's Board. 2008 - E-mail ID for Investors Complaints:vidya.sagar@mindteck.com 2009 -Mr. Indresh Narain and Mr. Javed Gaya have been appointed as additional directors of the company. 2011 -Mr. Narayan A Menon has been appointed as Additional Director of the Company. 2013 -Registered office of the Company is shifted from16/3, Cambridge Road, Bangalore -560008 To Prestige Atlanta, No. 10, Industrial Layout, 7th Main, 80 Feet Road, 3rd Block, Kormangala, Bangalore 560034. -Mr. Jagdish Malkani is appointed as Non-Executive Independent Director of the company. 2014 -"Mindteck wins the Growing IT Services Company Award from BMA". -Mindteck has recommended Dividend of 10%. -"Mindteck Achieves Triple ISO Re-Certifications". 2015 - "Mindteck Launches IGNITE Platform". - "Mindteck enters new Project Phase on 'The Atlas Online' for CID at Harvard University". -Mindteck wins state government contract. -"Mindteck Collaborated on building a Modular Laptop for School Children". -Mindteck signs MOU with Alafdaliyah Group. 2016 -"Mindteck expands footprint in the Midwest". -"Mindteck Joins the Intelr Internet of Things Solutions Alliance". -"Mindteck joins the GE Digital Alliance Program". -"Mindteck Wins Home Automation, AMI and System Integration Work in Smart City Pilot Project AT IIT-Kanpur". -"Mindteck implements innovative smart parking solution for New Delhi Municipal Corporation (NDMC)". -"Mindteck wins Smart Grid Project for Bangalore Electricity and Supply Company (BESCOM) through IIT-BHU". 2019 -Mindteck recognized as a Niche and Emerging player by Zinnov. 2020 -Mindteck Wins Two-Year Contract in the Middle East. -Mindteck Recognized for Job Creation and Gender Parity in Kolkata's IT Sector. 2021 -"Mindteck Wins Another Project from an Analytical Instrument Client". -Mindteck (India) secures new project from an European client. 2024 -The Company has issued Bonus Shares in the Ratio of 1:4.

YEAR EVENTS 1985 - The Company was incorporated on 4th February as private limited company under the name of "Hinditron Instruments Pvt. Ltd.", Bangalore for the manufacture of oscilloscopes and other electronic test and measuring instruments. - The main object of the company is manufacturing and marketing of electronic test and measurement equipments. 1987 - 75,000 No. of equity shares subscribed for by Hinditron Group of companies. 1988 - The Company was converted into a public limited company on 28th September, and its name was once again changed to Hinditron Tektronix Instruments Ltd. It was promoted by Hinditron Group of Companies in collaboration with Tektronix Inc., U.S.A. - On 1st October, the Company was appointed the sale representative in India for Tektronix products in India. The agreement involves a wide range of products such as laboratory and service oscilloscopes, logic and spectrum analyzers, colour graphics printers, terminals, workstations, waveform monitors, communication network analyzers and related products. - The Company also entered into a warranty services agreement under which it was to carry the warranty obligations of Tektronix for the products sold in India. - Hinditron Instruments Pvt. Ltd., and Tektronix Inc., U.S.A., entered into a technical collaboration agreement for a period of 10 years for supply of technical, manufacturing, tooling and other related information used in the manufacture of specified protable oscilloscopes and associated accessories. - Equity shares subdivided on 15th July, 22,50,000 No. of equity shares of Rs.10 each then issued at par of which the following shares were reserved and allotted on firm basis: - (i) 12,00,000 shares to Tektronix Inc., U.S.A., and - (ii) 1,50,000 shares to Indian resident directors, promoters of the Company, etc. Of the remaining 9,00,000 shares, 1,12,500 shares were reserved for allotment on a preferential basis to employees/workers of the company and those of promoter companies (only 47,800 shares taken up). The balance 7,87,500 shares along with 64,700 shares not taken up by employees were offered for public subscription during December (all were taken up). 1989 - The initial launch of 2400 series of oscilloscopes was successful in the market and 6 more new products of real-time and digital storeage oscilloscopes were introduced. 1991 - Due to various factors such as slow growth in business, high inflation, higher cost for imported inputs, etc., that affected adversely the performance of the Company, the overall working could have been still better. Ten different models of real time Oscilloscopes were introduced. - The Company established a 100% EOU at Seepz for implementing its project for export of software. 1992 - 6,00,000 Rights shares issued (prem. Rs.40 per share prop 1:5). 1993 - The Company successfully launched new generation test and measuring products like TDS scoper, GPX Logic Analyzers, Logic Scopes, Tek tools which continue to be the bedrock of future success. 1994 - The Company undertook to set up a new, larger facility in phase-II of Peenya Industrial Area, close to the existing location. The Company proposed to manufacture other high technology products having higher band widths, newer techniques and wider applications. - Tektronix has increased its shareholding from 40% to 62.38% of equity capital in the Company by buying shares from co-promoters of Hinditron group. Hence, the Company is a subsidiary of Tektronix. - During the year under review, the Company entered the capital market on 25th October, 1993 by a Public issue of 27,00,000 No. of equity shares of Rs. 10/- each for cash at par for financing part of its capital outlay. - During the year the Company has received approval for setting up of a Software Development Centre in the Santacruz Electronic Export Processing Zone, at Mumbai. - HSMIL was promoted by your Company in technical and financial collaboration with Schiller AG, Switzerland, for the manufacture of some of the medical electronic equipments from Schiller's range of products like state-of-the-art Portable Computerized Multi Channel ECG Analyzers. 1995 - The Company's software export business was adversely affected by changes in laws and regulations in overseas countries. - The medical division began setting up a dealer network across India in order to increase its market coverage. - The Company has been appointed as distributor for the Indian market by ZYMED INC. USA for Holter Monitoring and Telemetry Monitoring Systems, INSTROMEDIX INC. USA for Trans Telephonic ECG and MEDRAD INC. USA for Dye Injectors. - The Company has a state-of-the-art facility at SEEPZ, Mumbai and another one at Bangalore from where we undertake, both on-site as well as remote delivery projects. - To give additional thrust to the software exports, the company have HINDITRON INTERNATIONAL INC. a wholly owned subsidiary in USA. - The Company has entered into marketing alliances with Companies in Belgium and Australia. - The Company expands its product range to meet emerging market needs with the assistance from its foreign principals. - Mr. Hemant S. Sonawala and Mr. Pravin R.Gandhi retire from the Board by rotation and being eligible, offer themselves for re-appointment. 1996 - The Software Systems & Services Business division has introduced LIMS (Laboratory Information Management System) for domestic customers which is targeted at laboratories, pharmaceutical, petrochemical and chemical industries. - The Software Systems & Services Business division has also developed a system for export packing credit management and the same has been supplied to Bank of Baroda and is being marketed to other Indian banks. The division is also a re-seller for Infosys' Bancs 2000 which is a Bank automation software. - The Computer Graphics Division has introduced desk top drum scanners and image setters from Scanview during the year. - During the course of the year, the Medical Electronics division has introduced two sterling products of Schiller AG, namely, AT-2 a six channel computerised ECG and SP-1 a pulmonary functional unit. - During the year, Hinditron Schiller Medical Instruments Limited ceased to be a subsidiary of the Company. - The Company proposes to issue Equity Shares upto an amount not exceeding Rs. 200 Lakhs to Promoters/Promoter Group to augment the long term resources as per SEBI guidelines for Preferential Issue of Shares and subject to necessary approvals by SEBI. - Mr. Saurabh H. Sonawala and Mr. Kirit R. Gandhi retire from the Board by rotation and being eligible, offer themselves for re-appointment. 1997 - The Company is rationalising its product business of Medical and Computer Graphic Divisions and is concentrating on its core competency business i.e. software engineering services and networking business where the Company has significant strength. - Mr. Pravin R. Gandhi, Mr. Manoj A. Shah, Mr. Gaurang N. Sanghv resigned the Board with effect from 17th March. 1999 - The company acquired 78,00,000 No. of Equity Shares of Rs. 10/- each representing 65% of the Equity Share Capital of Company from Mr. Hemant S. Sonawala and Associates after obtaining the necessary and required clearances and approvals. - The Company further acquired 43,200 No. of Equity Shares of Rs. 10/- each from Public Shareholders. - As the Company is no longer part of the Hinditron group of companies, the Directors are proposing a change in the name of your Company to Mindteck (India) Limited. - During the year the paid up capital of the Company increased from Rs. 650 lacs to Rs. 1200 lacs with effect from June 18, 1998 and from Rs.1200 lacs to Rs. 2000 lacs with effect from January 22, consequent to Preferential Allotment of 55 lacs Equity Shares and 80 lacs Equity Shares of Rs. 10/- each at par respectively. - Mr. Kamlesh Sonawala has resigned from the office of Director with effect from 7.1.99. - During the year, Mr. Philippe Silberzahn was appointed as Managing Director of the Company effective from February 11, and he has taken charge of his new assignment. 2000 - Nicco Infotech Ltd. was merged with the company & issue of 4,50,000 eight per cent non-convertible cumulative redeemable preference shares of Rs 10 each aggregating Rs 4.5 crores and acquisition of Mindteck Consulting Inc. US. 2001 - The Company has completed allottment of 12,50,000 No. of equity shares of Rs. 10/- each at a premium of Rs. 90/- per share to its shareholders in the recently concluded rights issue. - Mindteck, a global software services company has announced the appointment of Sumit Ganguly as its group chief executive officer. 2002- Mindteck appoints Krishna Vaidya as GM-Marketing. - Ravi Ramachandran joins Mindteck as Director-Finance & Strategic initiatives. -Soumitra Ganguli appointed as Managing Director of Mindteck India. 2003 -Mindteck India Ltd has informed BSE that Mr L M Singh has resigned as Director of the company -Board approves financial restructuring -Mr Soumitra Ganguli has resigned as Managing Director of the company. 2006 -Mindteck India Ltd has informed that Mr M G Ved, Director of the Company has taken over as Chairman of the Company's Board from Mr K V Aiyappan. 2007 - Mindteck India Ltd has informed that the Company's Board has approved the appointment of Mr. Pankaj Agarwal and Mr. Vivek Malhotra as additional directors on the Company's Board of Directors effective February 09, 2007. Mr. Agarwal will be a non-executive director representing the promoters on the Company's Board, while Mr. Malhotra will be a non-executive and independent director on the Company's Board. 2008 - E-mail ID for Investors Complaints:vidya.sagar@mindteck.com 2009 -Mr. Indresh Narain and Mr. Javed Gaya have been appointed as additional directors of the company. 2011 -Mr. Narayan A Menon has been appointed as Additional Director of the Company. 2013 -Registered office of the Company is shifted from16/3, Cambridge Road, Bangalore -560008 To Prestige Atlanta, No. 10, Industrial Layout, 7th Main, 80 Feet Road, 3rd Block, Kormangala, Bangalore 560034. -Mr. Jagdish Malkani is appointed as Non-Executive Independent Director of the company. 2014 -"Mindteck wins the Growing IT Services Company Award from BMA". -Mindteck has recommended Dividend of 10%. -"Mindteck Achieves Triple ISO Re-Certifications". 2015 - "Mindteck Launches IGNITE Platform". - "Mindteck enters new Project Phase on 'The Atlas Online' for CID at Harvard University". -Mindteck wins state government contract. -"Mindteck Collaborated on building a Modular Laptop for School Children". -Mindteck signs MOU with Alafdaliyah Group. 2016 -"Mindteck expands footprint in the Midwest". -"Mindteck Joins the Intelr Internet of Things Solutions Alliance". -"Mindteck joins the GE Digital Alliance Program". -"Mindteck Wins Home Automation, AMI and System Integration Work in Smart City Pilot Project AT IIT-Kanpur". -"Mindteck implements innovative smart parking solution for New Delhi Municipal Corporation (NDMC)". -"Mindteck wins Smart Grid Project for Bangalore Electricity and Supply Company (BESCOM) through IIT-BHU". 2019 -Mindteck recognized as a Niche and Emerging player by Zinnov. 2020 -Mindteck Wins Two-Year Contract in the Middle East. -Mindteck Recognized for Job Creation and Gender Parity in Kolkata's IT Sector. 2021 -"Mindteck Wins Another Project from an Analytical Instrument Client". -Mindteck (India) secures new project from an European client. 2024 -The Company has issued Bonus Shares in the Ratio of 1:4.

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Parent Organisation

Mindteck (India) Ltd.

Founded

25/07/1991

Managing Director

Mr.Anand Balakrishnan

NSE Symbol

MINDTECKEQ

FAQ

The current price of Mindteck (India) Ltd is ₹ 218.93.

The 52-week high for Mindteck (India) Ltd is ₹ 236.00 and the 52-week low is ₹ 213.35.

The market capitalization of Mindteck (India) Ltd is currently ₹ 699.53. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Mindteck (India) Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Mindteck (India) Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Mindteck (India) Ltd shares.

The CEO of Mindteck (India) Ltd is Mr.Anand Balakrishnan, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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