History of Zicom Electronic Security Systems Ltd
YEAR EVENTS 1994 - The Comp. was incorporated on December 1, as a Public Limited Comp. with Registrar of Companies, Maharashtra, Mumbai with the object of manufacturing & marketing state-of-the-art electronic security equipments & devices. It has obtained a certificate of commencement of business on January 31, 1995.
- Zicom is engaged in the business of importing, testing, designing, programming, installing & maintaining state-of-the-art electronic security systems to safeguard industrial & commercial establishment & household segment.
- Zicom has entered into a Memorandum of Understanding [MOUs] with Radionics Inc., USA & Sentrol Inc., USA, for supply and technical support of electronic security systems/products in India.
- Zicom has signed an Agreement for Technical Assistance with Simon Technologies Marketing & Trade Limited, Israel for manufacturing, marketing & servicing of electronic security systems/equipments in India.
- Zicom is an authorised dealer for Motorola Indala Corporation, U.S.A. for its electronic security systems such as proximity access control, readers, cards & tags.
1995 - The Comp. came out with a Public Issue of 27,70,000 Equity Shares of Rs. 10/- each for cash at par aggregating to Rs. 277.00 lacs in November.
1996 - 'ZICOM' is now considered as a reliable brand name for various state-of-the-art electronic security systems & equipments of international standards.
- The Comp. has launched a unique concept of `ZICOP CLUB' for the first time in India.
- The Comp. has introduced in India a unique concept of Central Monitoring Station for round the clock surveillance at clients place. The Comp. has successfully commissioned its Central Monitoring Station at Mumbai & Bangalore.
- The Comp. has also undertaken marketing of telecommunication equipments & products like pagers, cellular phones, modems etc.; & software for networking products.
- The Comp. is distributor for modems outers & other networking products for Motorola in Mumbai & Bangalore & is also distributor for Page Point Services India Pvt. Ltd., for 'HOTLINE PAGING SERVICES'. The Comp. is also a business associates of Hutchison Max for marketing cellular phones.
- The Comp. introduced the concept of `Intelligent Building Management Systems' and `Computerised Fire Fighting Systems', which will substantially add to the turnover & profitability of the Comp. in the future year.
1997 - During the year under review the Comp. participated in various prestigious events like 'Miss World 1996 Beauty Pagent' at Bangalore, 'The International Gems & Jewellery Exhibitions 1996 & 1997' at Mumbai, & 'Asiatics' in January 1997 in Mumbai by providing Electronic Security protection.
1998 - On 29th September, 1997, the name of Comp. was changed to Zicom Electronic Security Systems Limited & a fresh Certificate of Incorporation to that effect has been issued by Registrar of Companies, Maharashtra.
1999 - Zicom has also formally launched Motorola Smart Cards & the RFID [Radio Frequency Identifications] technology in the Indian market through a marketing tie-up with Motorola.
- The Mumbai-based Zicom Electronic Security Systems is establishing a software centre to develop solutions for smart cards & other electric security devices.
2000 - Zicom Electronic Security Systems Ltd is spinning off its software business into a separate unit, e-SmartNET. The new firm will provide application solutions & related software for all smart cards.
- Zicom is expanding its operation by setting up additional CMS in New Delhi, Hyderabad, Calcutta, Chennai, Ahmedabad, Pune, Jaipur, Chandigarh, Nagpur, Baroda, Goa & Surat. The Comp. also proposes to have its own wireless systems to reduce cost and eliminate any failure of land-line system.
- Preferential issue of equity shares and allotment of 3,00,000 No. of equity shares on preferential basis to OAI Mauritius Ltd A/c Savers India Fund.
- The Comp. to consider inter alia modifying the Employees Stock Optio Scheme and to consider setting up of wholly owned subsidiary in the U.S.A.
- The Comp. has signed agreements with NSDL & CDSL for dematerialisation of shares.
2001 - The Comp. has entered into an agreement under Development Partner Programme with Computer Associates International Inc, USA [CAs], for integration of Zicom Access Control Management Agent with CA flagship software Unicenter TNG.
2002-Shri R S Hugar, renowned Banker, has joined as a Director of Zicom Electronic Security Systems Ltd., a leading electronic security solutions provider in India.Mr. Hugar recently retired as Chairman & Managing Director of Global Trust Bank limited after a brief tenure of nine months.
-Zicom Electronic Security Systems Ltd has informed that consequent upon resignation of Mr Dharmendra Oza who was working as a Comp. Secretary, has ceased to be Compliance Officer of Company. In his place Mr Sunil Mahale has been appointed as a Compliance Officer to function as such.
2003 - Delisting of its equity shares from Delhi Stock Exchange.
2004
-Zicom Electronic Security Systems signs $ 1.5 million order
-Delists equity shares from Delhi Stock exchange
-Zicom Electronic Security Systems Ltd launched Z-Security, its hi-tech electronic security service initiative, here on July 21, 2004
2006
-Zicom launches ZICOMhome and ZICOMbusiness products
2007
-Zicom Electronic Security Systems Ltd on June 19, 2007 has entered into a strategic tie-up with Future Media for retailing its products from exclusive Zicom retail counters placed in 100 outlets of Future Group select retails formats.
