YEAR EVENTS 1981 - The Company was incorporated on 29th June, 1981 at New Delhi. It was promoted by Satish K. Kaura alongwith Teletube Electronics Pvt. Ltd. The Company manufactures black and white television picture tubes. 1983 - The Company applied to Government for expansion of its capacity from 3 lakh nos. to 1 million nos. of picture tubes per annum. Industrial licence for this expansion was received. - 3,70,000 shares taken up by promoters and 2,80,000 shares allotted to RIICO. 6,90,000 shares then issued at par of which the following shares were reserved and allotted on a preferential basis. 2,76,000 shares to non-resident Indians and persons of Indian Origin residing abroad on repatriation basis, 34,500 shares to resident Indian directors, etc., and employees of the company and 13,500 shares to Indian business associates of the company. The balance 3,66,000 shares were offered for public subscription during July-September 1983. 1984 - Installed capacity was raised to 10,80,000 black and white picture tubes, it was further raised to 16,20,000 black and white picture tubes per annum during 1986. 1987 - 6,60,000 rights shares issued (prem. Rs 10 per share; prop. 1:2). Another 35,500 shares offered to employees at a premium of Rs 10 per share (Stock Option Schemes) of which only 24,075 shares taken up. The balance 11,425 shares were allowed to lapse. 1988 - 6,68,025 rights equity shares issued (prem. Rs 20 per share; prop. 1:3). Another 35,160 shares offered to employees under Stock Option Scheme (prem. Rs 20 per share) but only 2,100 shares taken up. The remaining 33,060 shares were allowed to lapse. 8,91,400 bonus shares issued in prop. 1:3. 1989 - The Company proposed to diversify into the manufacture of computer monitors using its own picture tubes. The technical know-how for the project was provided by Teletube Eletronics Pvt. Ltd., for which the Company agreed to pay a lumpsum amount. - The Company expanded its installed capacity to 30 lakhs picture tubes per annum by March. 1990 - During June-July 1990, 14,26,240 right shares of Rs 10 each (prem. Rs 15 per share) offered in prop. 2:5 (all were taken up). Simultaneously, another 71,312 No. of equity shares of Rs 10 each (prem. Rs 15 per share) issued to employees' under Employees' Stock Option Scheme (only 1,200 shares taken up) unsubscribed portion was allowed to lapse. 1991 - The Company had set up a joint venture with Corning Inc. USA under the name `Samcor Glass Ltd.' for manufacture of TV glass shells. 1992 - The Company proposed to manufacture monochrome monitor tubes. 1993 - The Company diversified into non TV grade tubes market. 1994 - During June the Company offered 19,97,216-15% partly convertible debentures of Rs 43 each to existing shareholders in the ratio of two PCDs for every five equity shares held. Another 99,861 PCDs, were offered to the employees. (All were accepted). - Part `A' of Rs 30 was converted into one equity share at a premium of Rs 20 per share on allotment. Part `B' of Rs 13 shall be redeemed in three annual instalments of Rs 4, Rs 4 and Rs 5 commencing from the end of the 4th year from the date of allotment. 1996 - 2 shares allotted to employees on conversion of 15% PCDs. 2000 -The Company has set up a state-of-the-art plant at Pondicherry to manufacture colour monitors. 2001 -Samtel in pact with IIT, to set up robotics centre -Samtel takes 70% in Thales Electron JV 2007 -Samtel India has designated E-mail ID for Investor Complaints: shamshersingh@samtelgroup.com 2011 -Samtel Thales Avionics Joint Venture is officially incorporated. -Samtel Display Systems showcases India's advanced avionics capabilities at Paris Air Show.