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Eco Recycling Ltd. Company History and Annual Growth Details


1994 - Soni Capital Markets Limited was incorporated on 1st August as a
Pvt. Ltd. Company under the name and style of M/s. Soni Capital
Markets Pvt. Ltd., and subsequently converted into a Public Ltd.
Company by passing special resolution on the 31st August.

- A fresh Certificate of Incorporation was obtained from the
Registrar of Companies, Maharashtra on 22nd September, with the
change in its name to Soni Capital Markets Ltd.

- The Company is presently engaged in Project Consultancy which
includes Technical Feasibility Studies, Debt Syndication etc.,
Dealings in Money Market,Investments in Stock Markets, Sub
Underwriting of Primary Market Offerings etc.

1995 - The Company went into Public with an issue of 7,50,000 No. of
equity share of Rs. 10/- each cash at par, aggregating to Rs. 75
Lacs on 17th April.

1996 - The Company proposes to enlarge its area of financial and allied
services activities in the near future.

1998 - As a part of its diversification programme, Sony Corp India Ltd
(SCIL), formerly known as Soni Capital Markets Ltd, is entering
into the lucrative computer software and hardware activities.

- Sony Corp India is entering into software and hardware activities
and has tied up with the city-based Pace Software Solutions.

2000 - The Company has decided to issue right shares in the ratio of 2 equity sharesof Rs 10/- each agianst the holding of 3 shares of the same face value to its existing shareholders at a premium of Rs 15/- per share.

To approve the proposed arrangement between M/s Azmara Plc, UK (incorporated in UK, 120 years old company having networth of $115 millions and asset base of $ 180 millions) and the company for implementing BPO (Business Process Outsourcing).

2003 - Soni Infosys Board approves arrangement between Azmara Plc, UK and the Company


-Infotrek Syscom enter into MOU with SKIL Infrastructure for acquiring 1 acre of land

-Infotrek Syscom secures export order from Zahra International, USA


-Company name has been changed from Sony Corp India Ltd to Soni Infosys Ltd.
Once agin the companyname has changed from Soni Infosys Ltd. to Infotrek Syscom Ltd.
-The company received approval for naming its proposed subsidiary Eco Recyling from the Registrar of Companies, Maharashtra . This subsidiary would have an initial authorized capital of Rs 200 million for taking up the business of waste electrical and electronic equipment (WEEE) segment.
-The issue of 3 million warrants on preferential basis at a price of Rs 60 per warrant to First Online Comtrades (1 million warrants), Knights Bridge Financial Services (1 million warrants), Mahakosh Holding (500,000 warrants) and Alomarya Technical LLC (500,000 warrants).
Shifting of the registered office of the company from 6, Rustom Building, 2nd Floor, 29, Veer Nariman Road, Fort, Mumbai to 205, Centre Point, 2nd Floor, J.B. Nagar, Adjacent to Hotel Kohinoor, Andheri Kurla Road, Andheri (E) Mumbai.
-The company, a pioneer in the waste electrical and electronic equipment (WEEE) segment, has drawn up business plans to invest upto Rs 1,000 million (USD 25 million) in a span of three years for establishing facilities across the country. It is in dialog with financial institutions, banks and equity investors to support the project. To implement world class facilities in different parts of the world, discussions are at a very advance stage with renowned machinery suppliers in Germany and the United Kingdom.
Oct 21, 12:00 am
Oct 21, 4:14 pm
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