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Kedia Infotech Ltd.

BSE: 531976 Sector: IT
NSE: N.A. ISIN Code: INE245D01025
BSE 05:30 | 01 Jan Kedia Infotech Ltd
NSE 05:30 | 01 Jan Kedia Infotech Ltd

Kedia Infotech Ltd. (KEDIAINFOTECH) - Company History

Incorporated as a private limited company in Mar.'94, Grivs Hotels was converted into a public limited company in Jul.'95. It was promoted by Satish Kumar Sharma, Indira Sharma, Rahul Sharma, Vineet K Sharma and Gagan K Sharma. Subsequently Vineet K Sharma resigned from the Board in 1994 due to personal reasons. The company is setting up a 3-star hotel at Agra with a capacity of 60 rooms and also a resort-cum-club with camping facilities for foreign tourists and all other facilities. It came out with a public issue of 36,80,000 equity shares of Rs.10 each for cash at par aggregating Rs.3.68 crores in Mar.'96, to part-finance the project. During the year 1996-97, the company entered into a partnership firm by the name of M/s Gir Resorts to setup and develop resorts in Nainital. The company has started Software business during the year 2000-01. Company's name was changed from GRIVS HOTELS LIMITED to KEDIA INFOTECH LIMITED in October 2001. Since 2001, the company has grown substantially in Information & Technology business.