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Monotype India Ltd.

BSE: 505343 Sector: Financials
NSE: N.A. ISIN Code: INE811D01024
BSE 00:00 | 24 Apr 0.87 -0.04
(-4.40%)
OPEN

0.87

HIGH

0.87

LOW

0.87

NSE 05:30 | 01 Jan Monotype India Ltd
OPEN 0.87
PREVIOUS CLOSE 0.91
VOLUME 19300
52-Week high 22.55
52-Week low 0.87
P/E
Mkt Cap.(Rs cr) 61
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 0.87
CLOSE 0.91
VOLUME 19300
52-Week high 22.55
52-Week low 0.87
P/E
Mkt Cap.(Rs cr) 61
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Monotype India Ltd. (MONOTYPEINDIA) - Company History

Monytype India was Incorporated on 30th September 1974, at Calcutta as a private limited company and converted into a public limited company on 23rd October, 1976. The Company's object is to manufacture and/or import of `Monotype' hot metal typecasting machines; Monophoto filmsetting machines; Monotype computerised information systems Lithotex process cameras; Lithoprintex step and repeat machines; Lithotex powerless etching machines and a variety of ancillary Lithotex platemaking equipment. The Company was formed to take over the business of Monotype, U.K. whose activities in Indian embrace the manufacture and/or import and sales to the printing industry of Monotype hot metal typecasting machines, Monophoto filmsetting machines, Monotype computerised information systems Lithotex process cameras; Lithoprintex step and repeat machines; Lithotex powerless etching machines and a variety of ancillary Lithotex platemaking equipment.The Company entered into an agreement with Monotype, U.K. to acquire its business in India from the close of business on 30th September, 1976. Equity shares of the company worth Rs.10.80 lakhs were allotted to Monotype, U.K., as purchase consideration out of total purchase price of Rs.28.33 lakhs. The balance of Rs.17.53 lakhs was to be paid by the company to Monotype, U.K., without interest over a period of two years from transfer.