History of PVP Ventures Ltd.

1991

- The Comp. was originally incorporated as Software Solution Integrated Private Limited on 1st January & subsequently changed its name as Software Solution Integrated Limited on 10th May 1994. The Comp. was promoted by Mr. K.S. Suresh.

- The Comp. is mainly engaged in the specialised area of RDBMS training, development & consulting in India. The major operations of Comp. are software development, training and consulting. In software development, SSI has made a mark for itself in the local market with such prestigious clients as Citibank N.A.

- The Comp. enjoys a reputation as one of best RDBMS specialists in India.

- SSI is the first Comp. to announce quality training in emerging RDBMS & GUI technology in lndia. The company conducts training programs in Oracle, Sybase, Ingres, MS-Windows, C++, Visual Basic, Power Builder, MS-Access and Watcom SOL.

- Some of important corporate customers of Training Division are LIC, Sundaram Clayton Ltd., Tractors & Farm Equipment Ltd., GEC Alsthom Ltd., TI Miller limited & Blue Dart Ltd.

1993

- The installed capacity of Comp. for year was only about 120 students per month & the capacity utilisation was only to the extent of about 70%.

1994

- The Comp. hiked its installed capacity to 300 students per month & due to overshelming response from the student fraternity the utilisation also went up to 100%.

1995

- The CFAC Centre at Chennai currently houses a set of seven class rooms & eight labs, including the additions made as a part of expansion plan envisaged.

- Relevant RDBMS software & GUI - based application packages have been upgraded to the latest versions as a part of routine software upgrade.

- The new Pasit Centre at Vadapalani was commissioned.

- To create a niche position in the market, the PASIT Centre has announced a Branded training module called IMPACT.

- The Comp. has launched a concerted advertisement campaign to establish Impact as a branded & valued training product.

- The knowledge division is engaged in the development of quality educational aids such as highly structured course material, slides & transparencies, videos, CD-ROMS and multimedia-based CBT [Computer Based Trainings] packages.

- The Comp. will launch new short-term programmes from the CFAC [T. Nagars] Centre, concentrating on upcoming technologies in the area of client-server computing.

- The Comp. will be opening CFAC Centres in Bangalore and Hyderabad shortly, that will offer similar short term programmes.

- A new Software product, for automating share transfer management of public limited company, will be developed at the Pasit Centre for launch during the year.

1996

- The Comp. will expand its offshore development division substantially to ensure that projects can be executed by professionals in India using 64-kbit lines.

- The CFAC division, which focused on short term programmes, and long term programmes such as IMPACT & PASIT have been merged into the Training Division for operational efficiency and concurrency.

- Under the umbrella brand of `IMPACT', a new product `IMPACT-EP' was launched to cater to the requirements of the modern day software professional & has been well-received.

- The Comp. was involved in providing services on various aspects of software development optimally catering to exacting corporate requirements.

1997

- The Chennai-based Software Solution Integrated Ltd [SSILs] has received Reserve Bank of India [RBIs] clearance for turning its US operations into a wholly-owned subsidiary with a direct investment of $2,00,000.

- The company training division, is set to expand operation in India by establishing its own centres in Delhi, Mumbai and Ahmedabad with a view to turn into a major player in the IT training field on the likes of NIIT & Aptech.

- The Comp. also plans to turn into an Internet service provider [ISPs] to utilise its knowledge base on Internet and intranets.

- The knowledge division of Comp. plans to focus on promoting its software through CDROMs & web-based products.

1998

- The Knowledge Division of Chennai-based software training company, Software Solution Integrated Ltd [SSILs], has received ISO 9001 accreditation.

- Software Solutions Integrated [SSILs] is a leader in the RDBMS-related sector & offering training in various RDBMS platform, Software Solutions is set to emerge a leading training centre in the country.

- The Chennai-based Software Solution Integrated Ltd proposes to place almost 10 per cent of its equity with FIIs/NRIs/corporate bodies on a preferential allotment basis.

- Software Solution is engaged in training software professionals & providing consultancy & knowledge-based services. The company, also has plans to spin off its software development, sales & support divisions into separate entities, Software Solution will retain its identity as a training firm.

- The Comp. has been ranked as the third largest software education Comp. in India by Computer World, a leading IT magazine, establishing SSI as an important national player in the IT training industry. - The Company Knowledge Division has obtained the prestigious ISO 9001 certification from KPMG for quality systems adopted in research & development of course content, thereby adding immense equity to SSI.

- Chennai-based SSI Ltd [formerly Software Solutions Integrateds] will be issuing 7,50,000 equity shares of Rs. 10 each, at a price of Rs. 750 per equity share on a preferential basis.

1999

- The Chennai-based Software Solutions Integrated Ltd [SSILs] has rewarded shareholders with a 1:1 bonus issue.

- SSI Ltd [formerly Software Solutions Integrateds] will be issuing 7,50,000 equity shares of Rs. 10 each, at a price of Rs. 750 per equity share on a preferential basis.

- Chennai-based software education major, Software Solutions Integrated [SSIs], has decided to diversify into software development by setting up a new division within the company.

- SSI currently has a subsidiary in the US, ClientSoft, which is primarily engaged in body shopping. ClientSoft clientele includes Southern Bell, Delta Airlines, Oracle & Pacific Bell.

- SSI Ltd, one of India leading software education companies, will be launching its software development division.

- City-based SSI Ltd, formerly Software Solution Integrated, as part of its plan to set up a software development division, is in talks with Microsoft Corporation.

- The new 100,000 sq.ft software development centre to be established in Chennai will be one of largest of its kind in the country & will be exclusively focussing on developing value-added components to software programmes being used by a wide range of customers.

- SSI [formerly called Software Solutionss] is engaged in the software training & education segment [which is dominated by NIIT & Aptech who control 70 per cent of markets].

- During the year, the Comp. proposes to expand its centres throughout the country & set up & overseas network to provide high-end education services. It also proposes to move up the value chain by delivering around 100 computer-based training [CBTs] titles by December.

- SSI, which entered into software development by taking over Indigo Technologies for a price of Rs. 12 crore in August `99, has been on the look out for acquiring companies for quiet some time now.

2000

- The Comp. offers software training to students & corporate bodies in specialised areas & develops solutions for corporates.

- Indian computer education & software firm SSI has tied up with US giant Microsoft to offer e-commerce programmes.

- SSI had recently acquired Indigo Technologies, a software company specialising in online transaction processing solutions.

- The Chennai-based software training major SSI Limited has agreed to be the co-sponsor of ATP tour international series tennis tournament `Gold Flake Open', being held in Chennai from 3rd January.

- SSI also proposed to set up a dedicated development centre in Chennai in future.

- SSI is the first Comp. to announce an international offering after the government recently permitted companies to float ADR/GDR without prior approval.

- Recently SSI software division - SSI Technologies - entered into a joint venture with US-based Nasdaq parent NASD for developing products for security industry. The tie-up with Nasdaq is the result of acquisition of technology developed by IndigoMarkets - a Comp. that was acquired by SSI in August 1999.

- SSI Ltd, Chennai-based IT training & software development company, is eyeing China as the next major market for its software education centres. It plans to set up training centres in Hong Kong & mainland China soon.

- SSI is the third major domestic IT training Comp. to set up operations in China, after NIIT & Aptech, which have established centres in Shanghai & Beijing respectively through local partners.

- The Comp. has entered into a joint venture agreement with Hong Kong-based IT group, technology Venture Holdings Ltd, for IT education in Hong Kong & China.

- SSI will take a 9 per cent equity in the joint venture - `Toptrain' through its wholly owned subsidiary Clientsoft Inc, USA.

- The education content developed by SSI ISO 9001-certified content development group will be converted to Chinese scrip for delivery in Cantonese & Mandarin.'

- The Comp. has entered into a joint venture agreement with Technology Venture Holdings Ltd, a Hong Kong-based IT group.

- The Comp. has set up its first technology centure - Cyberschool in the city for high-end software education. Equipped with state-of-the-art facilities, Cyberschool will enable students to learn at their own pace.

- SSI technologies, a division of SSI, has struck alliance with Microsoft to jointly set up a WinDNA Centre of Excellence in Chennai.

- SSI Worldnet Limited, a subsidiary of Chennai-based SSI Ltd, has launched SSI-Biznet to build & operate a large number of industry-sepecific B2B portals.

- SSI Technologies, the software development division of SSI Ltd has launched Secura Trade, a web-based trading solution of Indigo Markets Inc. which will offer internet trading solution in the Indian stock market scene.

- SSI Ltd has acquired the US-based Albion Orion Comp. in a cash-and-stock deal worth $63.65 million, the largest cross-border acquisition by an Indian IT company.

- The Chennai-based SSI limited has tied-up with the Institute of Chartered Accountants of India to train Chartered Accountants and ICAI students every year on Information System Auditng and Computer Aided Auditing Techniques.

- Chennai-based SSI limited has launched NetCommex - a complete product suite for online commodities trading in the spot market.

2001

- Leading software education & IT solutions provider SSI, which has completed a decade of operations, has unveiled its new logo with a brand vision `Raising the bar'

-SSI Ltd & Sun Microsystems Inc have announced an education partnership to offer industry leading certification programs on Sun Java & Solaris.

--SSI Education,part of company, ties up with the Chennai chapter of Indian Institute of Materials Management [IIMMs] to deliver a short term high-end training program on e-commerce to the students & corporate members of institute.

-Transferred assets in the form of Intellectual Property Rights worth $50m [Rs 235 crores], from Albion Orion, a Comp. that it had acquired in the US last year to itself

- SSI Education, education provider in emerging software technologies, has been awarded the ISO 9001:2000 certificate for its delivery of training on IT & related products & services to individuals & corporates.

-Board Announces that Comp. has entered into an agreement with University of Madras by which students enrolled in SSI`s IMPACT & SMARTSTART courses

-Signed up an agreement with the Union Bank of India to provide loans to eligible students for pursuing IT education

- Issued a notice that it doesn't have any tie-up with SSI for its newly launched programmes.

- SSI has struck a strategic `Education Alliance' with Oracle Software India to offer authorised training on Oracle foundation modules & Java J-Developer programs across all its operational centres in India.

- SSI Ltd., the Chennai-based software company, is designing a trading platform for Nasdaq Japan & Nasdaq Europe.

- The Comp. has entered into a tie-up with Sun Microsystems Inc, to offer certification programmes on Sun Java & Solaris.

- Software education & software solutions provider, SSI, on june 14 decided to issue ADR/GDR stock options to its employees under a new employee equity option plan.

-Prepays Rs 70 cr loan

-Assessed at SEI CMM level 5, joins select list of 27 companies to have achieved this quality landmark

-Promoters increase their equity holding in the Comp. by 4.59 per cent to 24 per cent through the creeping acquisition route

2002

-The promoters of SSI Limited K S Aghoram, K S Ganesh, K S Suresh & Narashinga Rao have increased their stake in the Comp. by purchasing shares from the open market, stake increased to 27.8%

-Albion International, now part of SSIT North America, Inc., has been awarded a contract to build the Wyoming Family Assistance Management Information System [FAMISs].

-SSI Technologies, the software consulting & development division of SSI Ltd, has been successfully assessed for People Capability Maturity Model [P-CMMs] Level 3- Version 1.0 of Software Engineering Institute, Carnegie Mellon University.

-Signed an agreement with the Computer Science Department & the University Industry Community Interaction Centre of Madras University to offer a six-month information technology training programme, 'Certificate Course in IT Skills'.

-SSI Technologies, the consulting and software services division of SSI Ltd, has been appraised at Level 5 of Capability Maturity Model Integrated for Software Engineering, Version 1.1, Staged Representation [CMMI-SW, V1.1 Stageds].

2003

-SSI North America, a subsidiary of company, has been awarded a contract to build the State of Minnesota HealthMatch eligibility system.

-Acquires 20.30 % stake in Aptech Ltd., stake increased to 47.45% of Aptech Ltd.

-Directors have considered & approved unanimously inter-alia to access the domestic and/or international Capital Markets to raise funds through issue of equity/convertible securities amounting to US$50 million.

-Decided to take the way of acquisition of tier-II companies for software growth.

- The existing capital of Comp. is increased from Rs 25,00,00,000 divided into 2,50,00,000 Equity shares of Rs 10 each to Rs 50,00,00,000 divided into 5,00,00,000 Equity shares of Rs 10 each.

-Received letter from the Promoter Directors of Comp. stating that they have acquired 1,54,612 Equity Shares of Comp. in demat form from Mr. D. V. Narasingaro, who is also a Promoter Director of Company. The details of Promoter Directors are as follows:

1s] Mr. K. S. Aghoram acquired 50,000 shares. 2s] Mr. K. S. Ganesh acquired 54,612 shares. 3s] Mr. Kalpathi S. Suresh acquired 50,000 shares.

--Acquires 100% shareholding in the Bermuda based IndigoMarkets limited Effective September 30, 2003, IndigoMarkets is a wholly owned subsidiary of SSI Ltd.

-As part of its 'IT for masses programme', Computer Society of India [CSIs], in association with IT training majors Aptech Computer Education & SSI Education, flagged off the 'India Akshar Mission'. This mass literacy mission aims to train over 2.5 lakh citizens across the country in basic computer skills over 2003-04.

-Board is restructured & reduced to eight members. This follows the recent restructuring of SSI business during which the company education & training business was sold to Aptech Ltd, leaving SSI with one principle line of business, namely, consulting & software services.

-Sells its Chennai development centre, Odyssey, for a consideration of Rs 97 crore to the Kalpathi family, promoters of company.

-BOD have unanimously decided to separate the Company IT services business

-Signs agreement with Alhamrani Universal Company, part of Saudi Arabia based Alhamrani Group of Companies, to be the exclusive business partner for marketing SSI software services & products in Saudi Arabia. In turn, SSI will be the exclusive onsite & offshore development service provider for Alhamrani Universal.

-Members approve sale & disposal of Education & Training Business as a going concern to Aptech limited with effect from April 1, 2003

2008

-PVP Ventures Ltd has informed that pursuant to the approval of Board of Directors on June 30, 2008, the Comp. has decided to appoint M/s. Karvy Computershare Pvt Ltd a Comp. having its registered office at 46, Avenue 4, Street No. 1, Road No. 10, Banjara Hills, Hyderabad - 500034 [KCPLs], as the Registrar & Share Transfer Agent [RTAs] of Comp. effective from July 07, 2008.