Namtech Electronic Devices Ltd. వార్షిక వృద్ధి వివరాలు ఆధారంగా కంపెనీ చరిత్ర

YEAR EVENTS
1984 - The company was incorporated on 9th October as "Namtech Tai
Electronics Private Limited" and changed its name to Namtech
Electronic Devices Private Limited on 21st April 1989. The
Company promoted by K.P.P. Nambiar and associates was converted
into a public limited company on 10th July 1991.

- The Company undertook to set up a strategic project for the
manufacture of fuel safe gas discharge tubes and modules, which
are substitution items, at Electronics city within the village
limits of Konappanna Agrahara Village, Begur Hobli, Bangalore
district.

- The Company entered into an agreement with M/s. Citel S.A.,
France for technology transfer with reference to design and
manufacture of a wide range of non-radioactive g.d. tubes and
modules. The collaborators are to participate to the extent of
10% in the equity capital of the Company and are to buy back 25%
of the production every year for a period of 5 years.

1991 - 10,84,600 shares allotted at par (including 3,30,000 shares to
SBI Mutual Fund, 2,25,000 shares to Tata Industries, Ltd.,
1,10,000 shares to Fairgrowth Financial Services, Ltd. and
1,12,500 shares to NRIs on non-repatriation basis). 34,65,400
shares then issued at par of which 5,40,000 shares were reserved
and allotted on firm basis to Indian resident, directors, etc.
(includintg 2,25,000 shares to Tata Industries, Ltd. and its
associates). In addition, other shares reserved and allotted
were:

- (i) 10,000 shares to NRIs on non-repatriation basis.

- (ii) 4,55,000 shares to M/s. Citel S.A. France;

- (iii) 1,10,000 shares to SBI Mutual Fund;

- (iv) 2,27,500 shares to employees, etc. (only 1,46,000 shares
taken up) and 2,27,500 shares were offered to the public in
January 1992.

- Additional 6,82,500 shares were allotted to retain
oversubscription (3,45,000 shares to promoters, 3,03,400 shares
to the public and 34,100 shares to NRIs with repatriation
rights).

1994 - The Company undertook to manufacture OCB 283 exchanges with
Alcatel collaboration, in India and 3.0 millon pices p.a. of
cermaic type both bipolar and tripolar making it possible to
reach the capacity rate of production.

2002

-Shri K.P.P.Nambiar has been appointed as MD and designated as Chairman and MD of the company.

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