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Pentagon Global Solutions Ltd.

BSE: 532314 Sector: IT
NSE: N.A. ISIN Code: INE968A01010
BSE 05:30 | 01 Jan Pentagon Global Solutions Ltd
NSE 05:30 | 01 Jan Pentagon Global Solutions Ltd

Pentagon Global Solutions Ltd. (PENTAGONGLOBAL) - Company History

Pentagon Global Solutions (PGSL) was incorporated in March, 1995 as Sabhari Education Pvt Ltd under the Companies Act, 1956 and subsequently changed into a public limited company in December, 1996. Promoted by T Mahadevan and his two sons. PGSL is an information technology company involved in integrated operations on software development, education, training and total IT solutions. The company has established a solid reputation in Tamil Nadu for various software training courses offered by it. Through its 6 training centers in Madurai, Chidambaram, Coimbatore, Trichy, Tirunelveli and Thanjavur, the company imparts high quality training to its students. The company also intends to expand its Franchise operations for offering its courses in various parts of India. The company has expanded its software development facilities and develop e-commerce and web based project facilities, for which it came out with a public issue of 40,00,000 equity shares of Rs 10 each at a premium of Rs 2 per share aggregating to Rs 480 lakhs. The company had opened training centres in Mumbai,Bangalore,Hyderabad and it also opened an office in New Jersey,US.A Software Development Centre has been set up at T Nagar for which the company entered into Capital Market during 1999-2000. It is concious decision for entering into management related studies rather than computer training alone.