1994 - SSL Finance Ltd. was incorporated on 15th November, and obtained
the Certificate of Commencement of Business on 2/12/1994. The
Company has been promoted by Mr. D.Ravisankar & his associates.
- The company has leasing & hire purchase. The company has also
applied for Merchant Bankers registration under to SEBI, Regional
Office for Category III.
1996 - The Company has proposed to tap the Public Deposit Market to
mobilise funds to augment the resources and to deploy the same in
the areas of Hire Purchase Finance and Equipment Leasing.
1999 - The scrip of Archana Software Ltd, is known as SSL Finance Ltd
until January 10, has been a seeing an uptrend on the National
Stock Exchange (NSE).
- Though the company has changed its name to Archana Software, its
shares continue to be traded under the old name on NSE.
2000 - The company proposes to enter into the field of information
technology. It will begin with a new division, Aasheesh IT
Education, which will focus on IT education by setting up 150
outlets through franchise route.
- Chennai-based Archana Software is came out with a public issue of
Rs 3 crore with the premium being Rs 10 for each share.