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History of Ram Informatics Ltd.

YEAR EVENTS 1994 - The Comp. was incorporated as a Public Limited Comp. on 20th May, in the State of Andhra Pradesh. It obtained the Certificate for Commencement of Business on 13th June, 1994. The Registered Office of Comp. is in Hyderabad.

- The Comp. has obtained the permission from the Government of India to set up a 100% Export Oriented Software Unit [Vide Letter No. STPH/IMSC/94/646 dated August 5, 1994s] under the Government Software Technology Park Scheme.

- The project implementation is in an advanced stage & the Comp. plans to commence commercial production by April 1995 with the first batch of computer systems.

2000 - The Comp. has obtained FIPB approval allowing the Comp. to issue & allot 10 lakh equity shares to the share holders of Aravalli Technologies Inc towards the cash & stock deal.

- The Comp. has acquired California-based Web technology company, Aravali Technologies Inc as a wholly-owned subsidiary of RAM.

- The Comp. has signed tripartite agreement with NSDL & CDSL.

- The Comp. allotted 10,00,000 No. of equity shares of Rs. 10 each at a premium of Rs. 240 to non-resident Indians.

- The Equity Capital has increased to Rs. 674.14 lacs & the Reserves and Surplus to Rs. 4419.68 lacs.

2004

-Delists equity shares from Hyderabad Stock Exchange

-Inks pact with KAFA Consortium in Iran for jointly executing a software project valued $ 400,000 for Ministry of Foreign Affairs of Islamic Republic of Iran, as part of e-governance project

2007

-Ram Informatics Ltd has signed an agreement with Sunrise Systems Inc. USA, for partnering in offshore software services.

2008

- Ram Informatics Ltd has informed that the Comp. have received an order for Design, Development & Implementation of Portal Software for 'Registration by Prior Appointment' for Registration & Stamps Department [Andhra Pradeshs].

- Ram Informatics has received an order from IT&C Department [eGovernances], Government of Andhra Pradesh for support of Social Benefit Management System [SBMSs] application software for a period of three years. The Comp. made this announcement during the trading hours today, 11 August 2008.