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Aplab Ltd. Company History and Annual Growth Details

YEAR EVENTS
1964

-The company was incorporated on 30th September at Bombay. It manufactures electronic test and measuring instruments like signal generators power supply systems such as invester telecommunication instruments like psophometer electronic PABX etc. customs made instruments and system and electronic small business exchange (ESBX) print out audio test set with auto turning distortion meter etc.

1989

-The company acquired ready to use factory area in Electronic Zone at Bhosari in Pune.

1990

-The company also concluded a technical collaboration agreement with Anritsu Corpn Japan for manufacture of telecommunication test equipment.

1994

-The Subsidary of the company Intel Instruments & Systems Ltd., Aplab-Seba Electronics Ltd., Aplab Display Devices & Systems Ltd.

1996

-The company has been awarded ISO 9002 certificate by S.T.Q.C., Dept. of Electronics, Govt. of India, which is a sign of continuous improvement in quality towards achieving better operational results.

1997

-Aplab has tied up with Digatron a leading manufacturer of battery testing equipment and Aplab the supplier of automated battery test equipment.

-Aplab Ltd. in consonance with Bharat Petroleum, launched a range of computer interactive retail petrol pumps and dispensers in the Bombay.

-The company launched `ALFA station controller-a petrol pump station management hardware along with a software `Indhan' which would allow on-line control of up to five electronic fuel dispensers.

1999

-The company has signed an agreement with National Securities Depository Limited (NSDL) and Intime Spectrum Services Pvt. Ltd. for joining the Depository System, which facilitates scripless trading.

2000

-Media and entertainment major Zee Telefilms has acquired 26 per cent stake in Aplab Ltd, an electronic equipment market.

-Aplab Ltd, a company which manufactures test and measurement equipment is diversifying into high-end technology products.

-The company's tie up with Banqit, a company which manufactures ATMs and provides IT solutions to banks was well received by the Indian markets.

-The Company has allotted 13,21,200 equity shares of Rs. 10/- each at a premium of Rs. 80/- aggregating to rs. 11,89,08,000/- to Siticable Network Ltd.,a subsidiary of Zee Telefilms Ltd.

2003

-The company has recommended dividend @ 10%

2005

-Aplab secures order worth Rs 286.50 mn from HPCL

2007

-The Company has bagged an order to the tune of Rs 32.75 Crores from Indian Oil Corporation Ltd (IOC) for supply of Petrol Pumps.

2008

-The company has designated E-mail ID for Investors Complaints: shares@aplab.com

2009

- Aplab Ltd has appointed Mr. Nishith Deodhar, presently Executive Director, as Managing Director.

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