TRANSPACT ENTERPRISES LIM Share price

The Company was incorporated as “Transpact Enterprises Private Limited” on May 12 2013 under the Companies Act 1956 with the Registrar of Companies Mumbai at Maharashtra bearing Registration No. 243247. Further the status of the Company was changed to a public limited company and the name of the Company was changed to “Transpact Enterprises Limited” by a special resolution passed on April 10 2019. A fresh certificate of incorporation consequent to the change of name pursuant to the conversion into public limited company was granted to the Company on April 16 2019 by the Registrar of Companies Mumbai. The Company’s Corporate Identity Number is U33130MH2013PLC243247The company was incorporated on May 12 2013 as ‘Transpact Enterprises Private Limited’ under the provisions of Companies Act 1956 with the Registrar of Companies Mumbai at Maharashtra. We are a biotechnology startUp with a focus to provide innovative cost-effective and comprehensive solutions products with strategic partnerships and collaborative relationships to help especially abled people to transcend their barriers.The company aims to impact lives of people through continuous technological interventions and innovations. We are a design development and distribution company for therapeutic device - ‘Vestibulator’ which is a unique and innovative therapeutic design in medical device segment. Vestibulator has been incubated at SINE (Society for Innovation and Entrepreneurship) lIT Bombay. Further a licence agreement had been executed between IIT Bombay and the company to carry out all commercialization activities. the company along with IIT Bombay has filed a joint patent for the technology of Vestibulator with Controller General of Patents Designs and Trademarks Department of Industrial Policy and Promotion Ministry of Commerce and Industry. Vestibulator is a compact mechanized innovative therapeutic device which is ergonomically designed to provide stimulations for vestibular neuro-developmental and sensory integration therapy.The company has outstheced the manufacturing of the device to third party manufacturer and have entered into a MoU with them for the same. We provide design details required for the manufacturing of the device. the software solution Rehab-Soft Electronic Medical Records (EMR) processing device administration communications and streamlines patient billing. The solution is based on Internet of Things (lOT) technologies that turns Vestibulator therapy data into electronic medical record and sends them to the private cloud where data analytics can be performed to better evaluate patient's condition. The Rehab-Soft improves medical care support EMRs enables patient data sharing among therapy centres and increases staff efficiency. the integrated product offering limits the need of existing old techniques for vestibular neuro-developmental and sensory integration therapy. We constantly keep abreast with the latest technology as per the requirement of the industry.The Company is an ISO 13485:2016 certified company for “Medical Devices” and ISO 9001:2015 certified for quality management system. the company aims at partnering with hospitals for the installation of the products. the Company is promoted by Mr. Aslam Khan and Mr. Anis Choudhary. the promoter Mr. Aslam Khan has entrepreneurial experience in Information Technology and Healthcare industry. the other promoter Mr. Anis Choudhary is a social worker entrepreneur and management guru.MAJOR EVENTS IN THE HISTORY OF THE COMPANY :2013- Incorporated as “Transpact Enterprises Private Limited”2015- Entered license agreement with IIT Bombay to carry out all commercialization related activities of Testibulator- Filed a patent for the technology of Vestibulator with Controller General of Patents Designs and Trademarks Department of Industrial Policy and Promotion Ministry of Commerce and Industry with IIT Bombay.2016- Received ISO 9001:2015 certification for quality management system- Received 13485:2016 certification for “Medical devices”2018- Assessed and registered as compliance as per the requirements of Council Directive- MEDICAL DEVICES DIRECTIVE – 2007/47/EC by International Standards Registrations.2019- Conversion of Private Company “Transpact Enterprises Private Limited” to Public Company “Transpact Enterprises Limited”.