I just read this e-book, simply because, according to my friend this book is written by some of the ingenious individuals who foresaw and also profited even from the financial collapse. - Sunita
I heard people are using this e-book as a Self-help guide to investing. I recently finished studying it, and never have experimented with any of the strategies; however they all appear to make sense. - Rajiv
A fantastic guide overall. Quite different from almost all other value investing publications because it concentrates on finding unique scenarios that are best to invest in. - Alexis
This particular e-book really opened up my eyes to some fresh opportunities and possibilities that while investing I should be looking for. Once you have read this traditional value investing book you will learn a lot. - Kavita
I really like the writer of this book. It is simple, properly explained, amusing, relevant, and incredibly well planned. This particular e-book is really a holy bible for dealing with unique circumstances in the market. - Saurabh

History of Accel Transmatic Ltd.

Transmatic Systems Limited was incorporated by Mr.M.R.Narayanan, T.Ravindran & their associates on 19th May 1986. A promotional agreement was signed on 10.07.1986 with the Kerala State Industrial Development Corporation [KSIDCs] as the co-promoter contributing Rs.3.50 lacs as equity capital with an objective to establish a plant in Kerala for manufacture of computer peripherals. The cost of project was estimated to be Rs.1 18.50 lacs, with the promoters contributing 20.50 lacs, seed capital from IDBI - 10.50 lacs, loans of Rs.39.00 lacs each from KSIDC and KFC, investment subsidy of Rs.6.00 lacs each apart from KSIDC equity participation. The promoter, at the discretion of KSIDC has the option to buy back the shares held/to be held by KSIDC after a period of 5 years from the date of first allotment of shares or three years from the date of commercial production, whichever is earlier, based on a pricing formula as set out by KSIDC.

The Comp. commenced commercial production in August 1987 of telex interface & gradually diversified into the manufacture of dot matrix printers, STD PCO meters & other items. The Comp. has its manufacturing facilities at Gandhipuram, Sreekariyam, Trivandrum.

The Comp. on 26-3-1991 obtained equity capital assistance of Rs.21 lacs from Technology Development and Information Comp. Of India Ltd.[TDICIs] under a scheme called Venture Capital Unit Scheme - 11, referred to as VECAUS-11 formulated by Unit Trust of India for purpose of providing venture capital financing through TDICI. The cost of project was estimated at Rs. 76.14 lacs, with additional term loans from KSIDC of Rs.39.00 lacs, investment subsidy of Rs.3.00 lacs, internal accruals of Rs.13.14 lacs apart from TDICI equity participation.

The present holding of equity capital by KSIDC & TDICI amounts to Rs. 15.87 lacs & Rs.95.25 lacs respectively, in the company.

The Comp. has been funded by term loans from KSIDC, Kerala State Financial Corporation [KFCs], IDBI-Seed Capital, TDICI and HDFC.

The financial performance of Comp. has recorded an impressive growth from the date of inception. Commencing with an annual turnover of Rs.73.46 lacs in 1987-88, the turnover grew to Rs.373.52 lacs in 1990- 91, to Rs.918.02 lacs in 1992-93 & Rs.1265.35 lacs in 1993-94.

The company clients include State Bank of India, Indian Bank, State Bank of Travancore, State Bank of Mysore. State Bank of Hyderabad, Vijaya Bank, Corporation Bank, ANZ Grindlays Bank, Air India, Department Of Telecommunication, Reliance Group, Great Eastern Shipping, Ashok Leyland, Tata Unysis, Pertech Computers, DCM Data Products, OMC Computers, Voltas, Wipro & BHEL to mention a few.

The Comp. was awarded the Productivity Award by National Productivity Council of India for 1989-90 & the M.K.K.Nayar Memorial Productivity Award by Kerala State Productivity Council for years 1990-91 & 1991-92.

The Comp. is now in the process of implementing ISO 9002.

The Comp. has had a cordial labour/employee relationship from its incorporation.

The Comp. has an in house Research & Development facility, recognised by Ministry of Science & Technology. Some of important projects completed by R&D include telephone call monitors, telex software, telex utilities, software package for SWIFT etc. Projects on hand include telexware under windows, point of sale terminals & advanced version of telephone call monitor. Total investments in R and D as on March, 1994 aggregate to about Rs.28.00 lacs.

2004

-Transmatic Systems Ltd has informed that Mr. M.R.Narayanan has resigned from the Post of Managing Director [MDs] of Comp. w.e.f. January 7, 2004 & he will continue to be as an Independent Non Executive Director in the Board.

- Board has approved a scheme of amalgamation / merger with the following companies / businesses:

1. Ushus Technologies Private Ltd, a technology Comp. specialising in embedded systems & software applications based in Technopark, Trivandrum.

2. Accel Software & Technologies Ltd [ASTLs], a Software & Training Services Comp. based in Chennai, belonging to the Accel Group of Companies.

3. Zener Electronics Private Ltd, a Power Conditioning Equipment Manufacturing Comp. base in Chennai, belonging to the Accel Group of Companies.

4. The Office Automation Division of Accel Ltd, which is dealing in Sales and Service of Office Automation Equipment.

2006

-Accel Transmatic Ltd has informed that Mr V N P Nair, Nominee Director of Kerala State Industrial Development Corporation Ltd, Trivandrum [KSIDCs] has resigned from the Board, as KSIDC has withdrawn his nomination to the Board.