OCTAWARE TECHNOLOGIES LIM Share price

The Company was incorporated as Octaware Technologies Pvt. Ltd. on May 26 2005 under the Companies Act 1956 with the Registrar of Companies Mumbai Maharashtra bearing Registration Number 153539. The status of the Company was changed to public limited company and the name of the Company was changed to Octaware Technologies Limited consequent to conversion of Private Limited Company into Public Limited Company by a special resolution passed on June 15 2015. A fresh Certificate of Incorporation consequent to the change of name was granted to the Company on August 17 2015 by the Registrar of Companies Mumbai Maharashtra bearing CIN U72200MH2005PLC153539.The Company is a Holding Company with consolidated business interests in software development enterprise solution and consulting firm engaged in the business of providing a range of Information Technology (“IT”) solutions to companies across sectors such as Healthcare Education Telecom Oil & Gas Real Estate & Construction Banking & Financial Services and Manufacturing sectors. We design develop and maintain software systems and solutions create new applications and enhance the functionality of the customers’ existing software products.The Group endeavours to bring together creativity and knowledge with positive business strategy to furnish the requirements of diverse clients with an inclusive range of products and services which are comprehensive and cost-effective so that the client can focus on their core-competencies to improve or expand their businesses. The Octaware Group delivers services across all stages of the product life-cycle which enables us to work with a wide-range of customers and allows us to develop enhance and deploy the customers’ software products. The various services offered by the Company are Software Development Services Enterprise Portal ERP and CRM Implementation Consulting Services Mobile Solutions RFID Solutions Cloud and IT Infrastructure Services and Geospatial Services. The comprehensive suite of service offerings allows us to attract new customers and expand existing customer relationships. We also provide an array of products and solutions like PowerERM – Employee Relationship Management Hospice – Healthcare Solution and iOnAsset – Asset Tracking & Management System IntelliTrade – Trading Platform Support RealWin – Real Estate CRM Solution Life2Care – Patient Relationship Management eDocNet – Enterprise Content and Document Management Solution and eQuire – Office Automation and eProcurement Management Solution which help the clients in strategising their business objectives.MAJOR EVENTS 2005- Incorporation of Company as Octaware Technologies Pvt. Ltd.2006- Obtained Microsoft Gold Partnership – Business Solution- Obtained membership of STPI/NASSCOM/ESC2007- Associated with GETP and began working relations in Qatar- Opened a training and development centre at Pune Maharashtra- Began operations of a group company in Washington USA as Octaware Technologies LLC2008- Expanded Market in Far East and Oceania region2009- Associated with local partners at Saudi Arabia- Launched 4 new Products and Solutions in India and Global Market2010- Winner of RED HERRING Top 100 ASIA Award.2011- Voted as India’s TOP 50 Fastest Growing Technology Company by Deloitte- Launched Octaware West Africa in Lagos Nigeria- Our Current Promoters acquired shares from the original promoters and took over control of our Company.2012- Winner of Most Innovative Company of the Year Stevie International Business Award – 2012.2013- Established a 100% owned Octaware subsidiary in UAE- Winner of Best IT Product Architecture Global IT Architecture Excellence Award – 2013.2014- Established associate partners in Harare Zimbabwe- Recognized with Global CSR Excellence & Leadership Award Employment for Individuals with Disabilities- Established associate partners in UAE- Established associate partners in Singapore2016- Received the Gold Award for ‘Technology Provider of the Year’ from the Islamic Finance Forum of South Asia (IFFSA)- Established a 100% owned subsidiary in UAE in the name and style of Octaware Gulf (QFC Branch)- Acquired 2nd SEZ Unit at SEEPZ Andheri Mumbai2017- Started the process of shifting majority business to subsidiary companies in a phased manner