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Pan India Corporation Ltd.

BSE: 511525 Sector: Financials
NSE: SRGINFOTEC ISIN Code: INE376A01032
BSE LIVE 12:16 | 07 Aug 0.23 -0.01
(-4.17%)
OPEN

0.24

HIGH

0.24

LOW

0.23

NSE 15:08 | 21 Jun Stock Is Not Traded.
OPEN 0.24
PREVIOUS CLOSE 0.24
VOLUME 14550
52-Week high 0.44
52-Week low 0.22
P/E
Mkt Cap.(Rs cr) 5
Buy Price 0.23
Buy Qty 3743.00
Sell Price 0.00
Sell Qty 0.00
OPEN 0.24
CLOSE 0.24
VOLUME 14550
52-Week high 0.44
52-Week low 0.22
P/E
Mkt Cap.(Rs cr) 5
Buy Price 0.23
Buy Qty 3743.00
Sell Price 0.00
Sell Qty 0.00

Pan India Corporation Ltd. (SRGINFOTEC) - Company History

SRG Infotech (SRGL) was incorporated in Feb.'84 under the name Fairdeal Leasing Finance and Investment Company to carry out various financial activities. Its name was changed to the present one in Jan.'95 because of the shift in its thrust on information technology. SRGL was promoted by Siddharth Jain. The company made a rights issue of 39.90 lac zero-interest FCDs of Rs 100 aggregating Rs 39.9 cr in Dec.'95. The issue was to finance the capital cost of carrying on the activities in software development and exports, computer education, multimedia, registrar and share transfer business, etc. In 1998-99, the company has acquired the running business of Silison Valley Information Technology Corporation. It has also entered into an understanding with Datapro whereby it purchased a part of the running business of SRGL. In the year 2000, the company has picked up substantial equity stakes in two Infotech companies - VSoft Services and EL Net-3L. The acquisition of VSoft will provide the company a substantial market share in multi-lingual products and solutions market. The strategic alliance with EL Net-3L is expected to prove a better resource for its expert manpower requirement.