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BITS Ltd. Company History and Annual Growth Details
YEAR EVENTS 1992 - The company was incorporated at Bombay in Maharashtra on 27th November as a Public Ltd. company. The certificate of commencement of business was obtained on 24th February, 1993. The company has been incorporated with the object of imparting Computer Education and has been presently imparting Computer Education under the banner of BUREAU OF INFORMATION TECHNOLOGY STUDIES (BITS).
- BITS was originally promoted by Mr. Pradeep Khanna and was run as division of M/s. Jukaso Silk Mills, a partnership concern of Mr. Pradeep Khanna.
1995 - The Company has introduced courses in Computer Hardware and the response has been excellent.
1996-1998 - NO NEWS
1999 - The Company entering into strategic alliance partnership to pool the resources with M/s.SRG Infotec (I) Ltd.
2000 - The Company resolved to convert 26,00,000 Opt. Conv. Preference Shares of Rs. 100 each into 81,25,000 No. of equity shares of Rs. 10 each at a price of Rs. 32 per share.
- Bits Ltd forms a Subsidiary with the name of 'BITS eServe Ltd' with the authorized capital of fifty million rupees for the purpose of starting BPO operations in India.