History of Infomedia 18 Ltd.
1955
- The Comp. was incorporated on 30th May, 1955 as a Private Limited Company under the name of `The Commercial Printing Press Ltd.', and took over the printing division of Tata Sons limited In 1965 it was converted into a Public Limited Company. The main objects of the company is printing, publishing, graphic designing & to deal in horological products of all types, timing devices & related products.
1966
- The name of Comp. was changed to Tata Press Ltd., in 1966. The Company is one of leading printers in the country with state-of-the-art facilities for providing complete print service.
- The range of work produced includes corporate annual reports, capital issue documentation, newspapers, magazines, periodicals, publicity materials, books, directories, catalogues, calanders, dairies, computer stationery, security printing, office stationery, phototypesetting, halftones, colour separations & plates.
1973
- Out of total shares issued till date, 1,480 shares were issued as fully paid-up pursuant to a contract without payment in cash.
1977
- The Time products division was established & it was engaged in providing technical & commercial services related to the sale of France Ebauches' movements to watch assemblers, mainly in the small-scale sector.
1978
- 2,200 bonus equity shares issued in prop. 2:3.
1980
- In July, the Comp. installed new phototypesetting equipment from the Alphatype Corporation featuring a high quality CRT typesetter, three video terminals, a line printer & a paper-tape punch & a reader.
1981
- New equipments were installed in the studio, printing & finishing departments.
1982
- New equipment installed included a microprocessor controlled four-colour sheet-fed press & an electronic colour scanner.
- The Comp. undertook to set up a second printing unit at Nerul in New Mumbai.
- 2,500 Bonus equity shares issued in prop. 7:11.
1983
- A new four-colour web-offset press was installed replacing sheet-fed presses.
1984
- The Comp. issued 4,50,000 No. of equity shares of Rs 10 each at a premium of Rs 12 per share & 2,00,000-15% secured non-convertible debentures of Rs 100 each. Out of this 9,000 No. equity shares and 4,000 debentures were reserved for preferential allotment to business associates of Comp. & 22,500 No. of equity shares & 1,000 debentures were reserved for preferential allotment to the employees of the Company. The Balance 4,18,500 No. of equity shares & 1,86,000 debentures along with the unsubscribed portion of categories was offered for public subscription during November.
1986
- The Comp. embarked on the first phase of modernisation and installed an electronic page make-up system in the prepress area. A high speed, high volume adhesive binder was installed.
- During November, the Comp. issued 1,31,250-13.5% secured convertible debentures of Rs 200 each. Of the issue, 6,250 debentures were reserved for allotment to the employees [including Indian working directorss] on an equitable basis & the balance of 1,25,000 debentures were offered to the existing equity shareholders on a rights basis in the proportion of 1 debentures for every 10 equity shares held. Additional 31,250 debentures were allotted to retain over-subscription.
- A portion of Rs 80 of each debenture was to be automatically and compulsorily converted into 2 equity shares of Rs 10 each at a premium of Rs 30 per share as on 1st April, 1987. The non-convertible portion of Rs 120 of each debenture would be redeemed at par at the end of 10 years from the date of allotment of debentures.
1989
- A Heidelberg four colour printing machine with computer process control was installed at the Nerul plant.
- 3,25,000 No. of share issued in part conversion of debentures.
1990
- The Comp. installed a Heidelberg Speedmaster two colour perfecting machine & a Muller Martini automatic Sewing Line.
- 7,78,500 Rights shares issued [prem. Rs 12 per share, prop. 1:2s]. Aditional 1,18,125 shares allotted to retain over-subscription. Another 39,375 shares offered to employees [prem. Rs 12 per shares]. Only 34,375 shares taken up & the balance 5,000 shares allowed to lapse.
1991
- The Comp. launched its own yellow pages for city of Mumbai. Yellow pages product was launched in Delhi also.
- At the 25th All India Pinters' Conference & Pamex 91 held at Calcutta, the Comp. was awarded the prestigious Framroze R Poonawalla Memorial Trophy for overall excellence in colour printing. Besides, the Company, also won eleven awards the highest number of excellence in offset printing.
- The right Issue of 7,87,500 No. of Equity Shares of Rs 10/ each at a premium of Rs 12/ per share, approved by shareholders at the last Annual General Meeting, evoked goods response from the Shareholders and was oversubscribed by more than 52%.
- The Comp. alloted 9,40,000 Equity Shares of Rs 10/ each at a premium of Rs 12/ per share aggregating Rs 206.80 lakhs. Consequently, the paid up share capital has gone up by Rs 94 lakhs & the share premium Acc. by Rs 112.80 lakhs with effect from 28th February.
- The Comp. has recently installed & commissioned a new photo type setting-cum-imaging system.
1992
- The Comp. installed its second high speed web offset commercial press apart from commissioning a hand case bookbinding line.
- During December 1992-January 1993, the Comp. issued 12,57,500 No. of Equity shares of Rs 10 each at a premium of Rs 90 per share on rights basis in the proportion of 1:2 [all were taken ups].
- The Directors propose to make a Rights Issue of Equity Shares in the ratio of 1:2 at a premium of Rs 90 per Share.
- The Credit Rating Information Services of India Limited has assigned an 'A' Credit Rating to these Debentures signifying adequate safety with regard to timely payment of interest & principal.
1993
- The Comp. launched the Yellow pages in Bangalore & Ahmedabad.
- The Comp. has now launced a Yellow Pages project at Delhi also. During the year, the Comp. has installed its second high speed web offset commercial press.
- During the year the Comp. issued Rights Shares in the Ratio 1:2 at a premium of Rs. 90/- per share. The issue was over-subscribed.
1994
- The Comp. entered into an agreement with Donnelley for a partnership in India in order to achieve accelerated growth through new products & technologies, as also access to Donnelley global customer base.
- Donnelly had received permission to set up a 100% subsidiary viz. `R.R. Donnelley [Indias] Private Ltd.' in India.
- The Comp. proposed to issue 12,90,000 No. of equity shares at a price of Rs 280 per share on preferential basis to R. R. Donnelley [Indias] Pvt. Ltd.
- Vantech Investments Ltd., & Design Shop [Indias] limited are the subsidiary of Company.
- During the year, the Comp. installed its second saddle stitcher binding machine & its second fuly automatic perfect binding machine.
- The Comp. has also launched the Tata Press 'Yellow Pages' in Bangalore & Ahmedabad.
1995
- The Comp. launched the `Tata Press Exporters Pages' with a view to encourage exports.
- During the year, the Comp. installed a Heidelberg Speedmaster two colour perfecting machine & a Muller Martini Automatic Sewing Line.
- A Shareholders' Agreement will be signed between Tata Sons Limited and R. R. Donnelley [Indias] Private Limited.
1996
- The Comp. acquired a state-of-the Veha-violet coating machine.
- The Comp. changed the name from `Tata Press Ltd'. to `Tata Donnelley Ltd.' on order to reflect the spirit of relationship between Tatas & R.R. Donnelley, the two major shareholders.
1997
- The Comp. released its yellow pages for Chennai, Mumbai & New Delhi on CD-ROM & the Exporter pages on the Internet. In Mid-1997 Special interest publishing division was launched.
- 25,42,700 bonus shares issued in prop. 1:2.
1998
- An Industrial source book called `Search' was launched in the corporate sector January. Touchstone division launched `Have Fun' series of childrens books which received an enthusiastic response from both children & parents.
- Tata Donnelley Ltd [TDLs] has launched Search, a monthly journal of industrial information. The book has been launched by Special Interest Publication Division of TDL.
- TDL entered the information service business in 1991 with the publication of Yellow Pages directory for Mumbai.
- Tata Donnelley is the country largest general commercial printing press. Apart from the popular Tata Yellow Pages Directory, the company prints annual reports, magazines & publicity material.
- Tata Donnelley has introduced the Touchstone range of office stationery items, which is likely to yield higher margins. It has also launched magazines produced & published inhouse, which would enhance the earnings stream.
- Tata Donnelley is organizing Asia largest photographic & imaging exhibition-Photo Asia 99 in one of most rapidly growing photography markets in the world - India.
1999
- TD is a joint venture between the Tata group & the US$ 6 billion R. R. Donnelley and Sons Co [both have 26% equity stake eachs].
- TD has recently set up a separate division to bring out magazines catering to hobbies/niche markets. It has also published a number of books for children under the age of 10 years. With the information on latest industrial products & services as its main focus, a new magazine called SEARCH was launched in January `99.
2000
- The Comp. launched the first edition of better photography Black Book 2000.
- Tata Donnelley Ltd, the printing & publishing Comp. of Tata Group, is entering manufacture of 'information products'.
- The Comp. to convert its yellow pages on the Internet - www.typoline.com - into a separate profit centre.
- During the year, the Special Inerest Publications Division launched the Better Photography Black Book, a compilation of top-class photographs by top Indian photographers.
- BRIGHTSPARKS, the Children Books Division of Comp. has published 34 titles. These books have had a successful launch in the market & accelerated growth is anticipated in the coming years.
- TOUCHSTONE, the Company branded range of diaries & related stationery also had a successful year with impressive growth in turnover & bottomline.
- The Comp. introduced a VRS scheme at its Prabhadevi Plant.
- As a result of change in shareholding, the Comp. proposes to change its name to Tata Infomedia Ltd.
- Consequent to the change in shareholding Mr. James Mauck, Ms. Monica Forhman & Mr. Bijesh Thakker have resigned as Directors of the Company.
- During the year, the Comp. has entered into agreements with the National Securities Depository Limited [NSDLs] & the Central Depository Services [Indias] Limited [CDSLs].
- Issued & subscribed 76,28,100 No. of Equity Shares of Rs. 10 each, fully paid up
- 1,48,000 No. of Equity Shares of Rs. 10 each are issued as fully paid up pursuant to a contract without payment having been received in cash.
- 4,70,000 No. of Equity Shares of Rs. 10 each are issued as fully paid up bonus shares by capitalisation of general reserve.
- 25,42,700 No. of Equity Shares of Rs. 10 each were issued as fully paid up bonus shares by capitalisation of share premium account.
- The Comp. has launched the first edition of Khana Pina -- an information guide on restaurants across Mumbai.
2002
-Announces its first project in Hindi motion picture production. The film titled 'Aitbaar' directed by Vikram Bhatt & with music by Rajesh Roshan stars Amitabh Bachchan, Bipasha Basu & John Abraham
2003
-Trading symbol of Comp. on NSE changed from 'TATAPRESS ' to 'TATAINFO' w.e.f September 17, 2003
-Arranged an exhibition called AV Expo 2003 for first time in Bangalore
-ICICI Ventures has decided to acquire the Tata Group 50.34% stake constituting 5.7 lakh shares in Tata Infomedia Limited.
-Mr. M Shankar Narayanan has been appointed as a Non-executive Director on the Board of Directors of Comp. with immediate effect. Mr. M Shanka Narayanan has been appointed as a nominee of ICICI
-Ms. Denny Thomas - Comp. Secretary, has been designated as the Compliance Officer of Company. The said change is because of resignation of Ms. Sree Vidya Raju from the services of Company.
-The Comp. has sold its entire holding of 10,96,650 fully paid up equity shares of Rs 10/- each in Titan Industries Ltd to the Vendors & their nominees for a total consideration of Rs 151 million.
-Acquirers have completed the purchase of 57,19,927 equity shares of Rs. 10/- representing 49.99% of total issued & paid up capital of Comp. from the Vendors.
-Share Purchase Agreement dated September 01,2003,entered into between ICICI epayments Limited ['Acquirers' as per the said agreements] & Tata Sons and Other Tata Companies ['Vendors' as per the said agreements],the Comp. has sold its entire holding of 19,90,000 fully paid up Equity Shares of Rs.10/- each of Vantech Investments Limited to some of vendor Companies for a total consideration of Rs.5.10 Crores.
2004
-ICICI ePayments limited has informed that they have acquired 8008357 shares amounting to 69.99% of total paid up capital of Tata Infomedia Limited
-Mr. K M Mistry & Mr. Ishaat Hussain have resigned from the Board of Company.
- Ms. Renuka Ramnath & Mr. P. M. Devaiah have been appointed as Non-executive Directors, being nominees of ICICI ePayments Limited, on the Board of Directors of our Comp. with immediate effect.
-Ms. Renuka Ramnath & Mr. P. M. Devaiah appointed as Non-executive Directors, being nominees of ICICI ePayments Limited
-Tata Infomedia Ltd has informed that Mr. N D Khurody, Mr. Cyrus Guzder & Mr. Pradip Shah have resigned from the Board of Directors of Company.
-Tata Infomedia Ltd has informed that at the Board Meeting of Comp. held on January 29, 2004, Ms. Renuka Ramnath has been appointed as the Chairman of BoD.
-Tata Infomedia Ltd has informed that at the EGM held on January 29, 2004 the Shareholders of Comp. have approved the Special Resolution for Change of Name of Comp. from Tata Infomedia Ltd to 'Infomedia India Ltd'.
-Infomedia gets 8 print FDI offers
-Infomedia unveils yellow pages in Chennai
-Infomedia India signs MOU for sale of Company property
2005
-Infomedia India signs agreement with Ringier Trade Publishing, Hong Kong.
2007
-Infomedia India Ltd has appointed Mr. Vijay Kumar as Additional Director of Company.
2008
-Infomedia India Ltd has informed that the name of Comp. has been changed from 'Infomedia India Ltd' to 'Infomedia 18 Ltd'.
