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આઈઓ સીસ્ટમસ > કંપનીનો ઈતિહાસ > Computers - Hardware > કંપનીનો ઈતિહાસ ના આઈઓ સીસ્ટમસ - બીએસઈ: 523752, ઍનઍસઈ : N.A

આઈઓ સીસ્ટમસ

બીએસઈ: 523752  |  ઍનઍસઈ : N.A  |  ISIN: INE502D01011  |  Computers - Hardware

કંપનીનો ઈતિહાસ - આઈઓ સીસ્ટમસ
YEAR                                                                  
               EVENTS
 1987 -  The Company was incorporated on 25th May, and received the
 certificate of
               commencement of business on 20th October.  GBC Hi-Tech
 (India) Limited is a Public
               Limited Company.   The Company is engaged principally
 in the manufacture and
               distribution of Punching & Binding Machines, Laminating
 Machines and the related
               Supplies and Parts.
 
            - The Company has been promoted by Mrs. Veena Modi and
 others of Indian Management
               Advisors & Leasing Private Limited in Collaboration
 with General Binding Corporation, USA.
 
 1991 - The Company entered into Technical know-how and Trade mark
 Licence Agreement on
              19th January, 1988 with General Binding Corporation,
 USA, who are world leaders in Spiral
              Punching and Binding, Machines as well as Laminators.
 
            - The Company has set up an excellent field sales and
 support staff to meet the varied needs of
               the customers.
 
 1992 - During the year the Company received sanction from the
 Controller of Capital Issues for
              issues of 23,50,000 No. of Equity Shares of Rs.10/- each
 for cash at par amounting to
              Rs.2,35,00,000/- out of which 9,40,000 Shares of Rs.10/-
 each were reserved for foreign
              collaborators, while 8,10,000 Shares were reserved for
 Indian promoters.
 
            - Further 1,17,500 No. of Equity Shares of Rs.10/- each
 were for preferential allotment to the
              employees (including Indian Working directors), workers
 of the Company and those of the
              promoter companies out of the public quota of 6,00,000
 No. of equity shares. After the close
              of the year the Company has allotted shares aggregating
 to Rs.2,35,00,000 thereby
              increasing its paid capital from Rs.65,00,000/- to
 Rs.3,00,00,000/-.
 
 1993 - The Company has been sending Engineering and Manufacturing
 personnel for training
              at Collaborators plants in USA, Mexico and Germany.
 
 1994 - The Company has exported more than 2400 Units of 450 KM
 Purchasing & Binding Machines
               to General Binding Corporation for their International
 Markets.
 
 1995 - The Company is proposing to issue and allot 5,00,000
 Preference Shares of Rs.100/-
              each subject to the shareholders approval to meet the
 growing working capital needs
              on private placement basis.
 
            - The Company has been able to develop inhouse expertise
 in a number of high-tech
               areas resulting in imports substitution.
 
 1997 -  The Company had allotted 2,50,000 preference shares of Rs.
 100/- each amounting to
                Rs. 2.50 Crores after receipt of RBI approval during
 the year.
 
             - The Company is proposing to issue and allot 1,55,00,000
 shares of Rs. 10/- each subject
                to the shareholders approvals and others approvals, if
 any to meet the growing working
                capital needs of the company.
 
 1998 - The Company intends to issue and allot 1,39,00,000 No. of
 equity shares of Rs.10/-
              each aggregating to Rs. 1390 lacs on preferential basis
 to M/s General Binding
              Corporation, USA and/or its subsidiaries and associates
 and M/s Modifin Pvt. Ltd.
               and/or its associates in equal proportion.
 
            - The Company shall redeem 5,00,000 non-convertible
 cumulative preference shares
               of Rs.100/- each aggregating to Rs.500 lacs held by
 both the joint venture partners and
               their associates equally, and the proceeds of
 redemption shall be applied towards
               subscription of the proposed preferential issue of
 equity shares and the balance shall
               be subscribed by the joint venture partners in cash.
 
             - The Company has been able to develop inhouse expertise
 in a number of high-tech
                areas resulting in imports substitution.
 
 2000 
 
 -The Name of the Company has changed from Modi GBC to GBC Modicorp
 Ltd.
 
 -GBC Modicorp Ltd has informed BSE that Dr Sanjeev Gemawat, Company
 Secretary has resigned from the company. The said resignation was
 accepted by the Board at its meeting held on May 03, 2002.
 
 -GBC Modicorp Ltd has informed that the following change have been
 made, appointment of Mr Arun Seth as Director and Chairman of the
 Company in place of Mr Om Prakash Dani.
 
 2005
 
 -GBC Modicorp has acquired 50.11% stake of Spice Net Ltd 
 
 2007
 
 - Company name has been changed from Spice Systems Ltd to IO System
 Ltd.
 
 2008
 
 -The company has designated E-mail ID for Investors Complaints:
 arunseth@spicelimited.com.
 
 2013
 
 -Registered office of the company has been shifted from E-53,
 Sector-3, NOIDA (U.P) - 201301  to Global Knowledge Park, Plot No.19
 A & 19 B, Sector-125. NOIDA (U.P) -. 201 301.
 
 
 
સ્તોત્ર: રેલીગેર ટેકનોવા


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