History of Take Solutions Ltd.

Our Comp. was incorporated as a private limited Comp. by the name TAKE Solutions Private Limited on December 20, 2000 having its registered office at No.76, Venkatakrishna Road, Raja Annamalaipuram, Chennai 600 028. We have been promoted by a team of domain experts in the supply chain management sector of thesoftware industry.

On December 31, 2002, Millennium Infocom Limited was amalgamated with us. Subsequently, we were registered as a public limited Comp. w.e.f. March 29, 2004.

On February 7 2003, we acquired the divisions of iStartWeb & MSIPL. The division of iStartWeb, dealt with BPM, workflow management, application & information integration. The division of MSIPL had capabilities in secondary sales management software.

In December, 2003, we acquired fifty one [51%s] of equity share capital of Megatrends Limited but subsequently on April 5, 2005 we divested our equity fully in Megatrends & this Comp. ceased to be our subsidiary.

On November 20, 2004 we incorporated a wholly owned Subsidiary in the Kingdom of Bahrain by name of TAKE Solutions Gulf W.L.L. This Subsidiary has enabled us to foray in the Middle East markets for marketing SCM suite of products.

We, in the year 2004-2005, developed a suite of products across the SCM vertical, which enabled us to deliver customized business solutions and support services at shrink-wrap speeds to our clients.

In December 2005, we acquired a majority stake in the equity of TAKE Inc. USA a subsidiary Comp. of TAKE Solutions Pte. Limited [one of our Promoterss]. In March, 2006 we acquired the entire shareholding of TAKE Inc. USA & thereby our Comp. forayed into the US markets. The acquisition also added a new vertical i.e. the Life Sciences Space known as 'Life Sciences Technology Solutions' having a suite of products under the brand umbrella 'OneClinical'. In 2006, TAKE Inc. USA launched the software product PharmaReady in the Life Sciences space. TAKE Inc. further has two Subsidiaries namely OnSphere Corporation & Applied Clinical Intelligence L.L.C.

On 29th March 2006 we acquired Autopartsasia Private Limited, which is a 100% EOU in India. This acquisition enabled us to extend our SCM model in the automotive space of industry.

On 31st March 2006, we acquired Millennium Business Solutions [Sdns] Bhd., Malaysia from Millenium Business Solutions Private Limited, India. By way of this acquisition we forayed into the South East Asian market for marketing SCM suite of products. We recently entered into a Shareholders Agreement dated June 1, 2006 with United Integrated Sdn Bhd, Malaysia for converting this Comp. into a joint venture wherein we shall have fifty one percent [51%s] equity stake & the rest will be held by United Integrated Sdn Bhd, Malaysia. Pursuant this agreement, the name of Comp. has been changed to TAKE United Sdn Bhd w.e.f. July 7, 2006.

2008

- The Comp. has splits its face value from Rs10/- to Rs1/-.