SASTASUNDAR VENTURES Share price

Our Company was incorporated as "Satyam Fiscal Services Private Limited" on June 6 1989 as a private limited company under the Companies Act 1956. The name of our Company was changed to "Microsec Financial Services Private Limited" and a fresh certificate of incorporation dated October 17 2005 was issued by the Registrar of Companies West Bengal at Kolkata. The name of our Company was further changed to Microsec Financial Services Limited consequent upon the conversion of our Company to a public limited company and a fresh certificate of incorporation dated October 21 2005 was issued by the Registrar of Companies West Bengal at Kolkata. The aforesaid changes in the name were made to reflect the nature of the business. Prior to its acquisition by the current Promoters on August 1 2005 our Company was a financial services company and was engaged in the business of financing and investment management. Our Company was registered with the RBI as a NBFC since January 29 2003 but did not have significant operations. As a part of the financing activities our Company was engaged in the business of providing loans. As at March 31 2005 (the date of the last audited financing statements prior to acquisition by the current Promoters) and at March 31 2004 respectively the loans and advances of our Company were Rs. 8176 and Rs. 6189182. Further for the fiscal years ended March 31 2005 and March 31 2004 respectively our Company earned an aggregate income of Rs. Nil and Rs. 27000 respectively from this business. As a part of the investment management activities our Company was engaged in the business of trading insecurities. For the fiscal years ended March 31 2005 and March 31 2004 respectively our Company earned anaggregate income of Rs. 35000 and Rs. 6000 respectively from this business. The profit before tax of our Company for the fiscal years ended March 31 2005 and March 31 2004respectively was Rs. 1000 and Rs. 2179 respectively. The Promoters acquired the entire shareholding of our Company from the previous shareholders. On August 12005 800000 Equity Shares were transferred to Banwari Lal Mittal and on October 1 2005 5340 EquityShares were transferred to LKPL Abha Mittal Prabhu Dayal Khaitan Bharati Sharma Ravi Kant Sharma andSushila Devi Khaitan. The previous shareholders do not hold Equity Shares of our Company. Our Company alsoheld the entire shareholding of Microsec Capital Limited ("MCap") on November 24 2005 and MicrosecResources Private Limited ("MRPL") on February 1 2006. Since MCap prior to its acquisition by ourCompany held the entire equity share capital of Microsec Commerze Limited ("MCL") and Microsec RiskManagement Limited (as it then was) on acquisition by our Company MCL and Microsec Risk ManagementLimited (now Microsec Insurance Brokers Limited) became the indirect subsidiaries of our Company. Further MIL Technologies Limited (now renamed Microsec Technologies Limited as on March 17 2008) held the entire shareholding of erstwhile Microsec Technologies Limited as on October 1 2005 and the entire share capital of MIL Technologies Limited (now Microsec Technologies Limited) were held by Our Company on March 30 2006 respectively. The erstwhile Microsec Technologies Limited was merged with MIL Technologies Limited (now known as Microsec Technologies Limited) Microsec Technologies Limited ("MTL") acquired the entire shareholding of PRP Technologies Limited on February 9 2009. On acquisition by the MTL PRP Technologies became the indirect subsidiary of our Company. Shringar Vinimay Private Limited ("SVPL") became a wholly owned subsidiary of our Company with effect from February 26 2009. Subsequently on March 1 2009 SVPL was merged with our Company.The Microsec Group operates in the financial services sector since fiscal 2000 through Microsec Capital Limited (then known as Microsec India Limited). Microsec Capital Limited Microsec Resources Private Limited MIL Technologies Limited (now Microsec Technologies Limited) Microsec Insurance Brokers Limited and Microsec Commerze Limited became Subsidiaries of our Company pursuant to the acquisition of our Company by the Promoters and the subsequent reorganization of the business of investment banking equity and commodities brokerage depository participant wealth management insurance financial advisory financing services wealth management and insurance broking under a consolidated entity.Key Events and Milestones Following are the major events of our Company: Year Event 2003 Our Company was registered as an NBFC (not accepting public deposit) with RBI 2006 Ravindra Shelter Limited was merged with our Company. 2009 Shringar Vinimay Private Limited was merged with our Company. Following are certain key events and milestones achieved by our Subsidiaries: Year Event 2003 MCL was registered as a trading-cum-clearing member with NCDEX 2003 MIBL was registered as a insurance broker with IRDA 2003 MCap was registered as a mutual fund advisor with AMFI2003 MCap was registered as a merchant banker in the category-I with SEBI 2004 MCap was registered as a member of future and option segment with NSE 2004 MCL was registered as a trading-cum-clearing member with MCX 2005 MCap was registered as a stock broker with BSE 2005 MCap was registered as a depositor participant with NSDL 2005 Amalgamation of MTL with MIL Technologies Limited 2006 MRPL was registered as a non banking financial institution not accepting public deposit with RBI 2006 MCap was registered as a self clearing member with NSE 2006 Amalgamation of Kautilya Advisory Private Limited with MCap 2007 MCap was registered as a member of future and options segment with BSE 2007 MTL was registered as a 100% export oriented unit with the Software Technology Park Kolkata 2007 MCap was registered as a depository participant with CDSL 2007 MCap was registered as a portfolio manager with SEBI 2007 MCap was certified as ISO 9001:200 company by Moody International Certification Limited2008 MCap was registered as a trading member with NSE in respect of currency derivative segment/ clearing corporation/ clearing house