Commex Technology Ltd Company History

Company has splits its Face value of Shares from Rs 10 to Rs 2

Mr. Suhas Ganpule, is appointed as an Additional Independent Director of the Board.

The Company has successfully completed placement of GDR and the Board of Directors at its meeting held on May 25, 2009 approved & allotted equity shares of Rs 2 each represented in the said GDR.

IT People - Receipt of "in-principal" approval for setting- up nationwide multi commodity exchange.

IT People - IFFCO acquires equity stake in Universal Commodity Exchange (UCX).

IT People - IDBI Bank taken an equity stake in Universal Commodity Exchange.

The Board has recommended the Dividend @ Rs. 0.10 per share.

The Company has approved the name made available by Registrar of Companies for Change of Name of "IT People (India) Ltd" to "Commex Technology Ltd".

Registered Office of the Company has been shifted From 3A, Udyog Nagar, S. V. Road, Goregaon (West), Mumbai - 400062 To Exchange House, Building No. 8 (105), Sector II, Millennium Business Park, Mahape, Navi Mumbai - 400 701.

The Board has recommended the final dividend at the rate of 6% (Rs. 0.12 Paisa) per equity share of Rs. 2/-each.

Mr. Vineet Kakkad, an Associate member of The Institute of Company Secretaries of India has been appointed as Company Secretary & Compliance Officer of the Company .

IT People - Universal Commodity Exchange Ltd gets Consumer Affairs Ministry’s Approval.

Commex Technology’s UCX receives recognition from government.

The Company has changed its name from IT People (India) Ltd. to Commex Technology Ltd.

The Registered Office of the Company has been shifted fromfrom 3A, Udyog Nagar, S.V. Road, Goregaon West, Mumbai - 400062 to "Dev plaza, 506, 5th Floor, S. V. Road, Andheri West, Mumbai - 400053".

Commex Technology Ltd has commenced a operations of "Universal Commodity Exchange Limited".