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History of Nucleus Software Exports Ltd.

YEAR EVENTS 1989 - The Comp. was incorporated on 9th January, as Nucleus Software Exports Pvt. Ltd & was subsequently converted into a Public Limited Comp. on 10th October, 1994. NSEL was promoted by three enterprising technocrats Mr. Yogesh Andlay, Mr. Vishnu R. Dusad & Mr.Arun Jain with an object to deliver quality Information Technology Solutions to the business world.

- The company business broadly consists of Software development & Support services for corporate business entities.

- Nucleus Software Solutions PTE Ltd., incorporated in Singapur, is a fully owned subsidiary of company.

1995 - 201,000 No. of equity shares of Rs 10 each at a prem. of Rs 50 per share allotted to the Mutual Funds & 3,31,500 No. of equity shares of Rs 10 each at a prem. of Rs 50 per share allotted to the NTIs/OCBs on firm basis. 28,68,900 No. of equity shares of Rs 10 each at a prem. of Rs 40 per share allotted through public issue.

1998 - The Comp. decided to allot 20,00,000 No. of equity shares of Rs 10 each at a price of Rs 103.15 per share to the promoter/associates & permanent employees of Comp. on preferential basis.

2003 - Nucleus Software Exports Ltd has informed BSE that they have been assessed at SW-CMM Level 5 based on the Capability Maturity Model [CMMs] developed at Carnegie Mellon University Software Engineering Institute [SEIs]. This rating recognizes Nucleus Software as one of leading software companies catering to the BFSI segment worldwide, to achieve this elite status.

-Nucleus Software entered partnership with Langchao group, China

-Nucleus Software Ranked amongst the Fastest Growing Companies in Asia Pacific

2005

-Nucleus Software signs joint marketing agreement with Sun Microsystems

2007

-The Comp. has issued Bonus Shares in the Ratio of 1:1.