
Melstar Information Technologies Ltd
Melstar Information Technologies Ltd Company History
Melstar Information Technologies is engaged in the business of Software services.
2000
The Company has set up two development centres one at Bangalore and one in Mumbai, taking the total number of centres to 11.
Melstar Information Technologies going in for a preferential issue of shares to fund the recently announced acquisition of three foreign companies.
The Company has acquired the US-based IT company Global System for $1.8 million in a part cash and stock deal.
2000
2007
Melstar Information Technologies Ltd has informed that Mr. Ashok Kumar Katial has been appointed as an Independent Non-executive Director of the Company with effect from October 08, 2007 in the casual vacancy caused by the resignation of Mr. Darius Pandole.
2007
2009
Melstar Information Technologies Ltd has informed that Mr. Rajesh V Shah and Mr. M S Adige have been appointed as an Additional Directors of the Company with effect from June 23, 2009.
Being an Independent and Non-Executive Directors, they have also been co-opted as a member of the Audit Committee.
2009