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Info-Drive Software Ltd. Company History and Annual Growth Details

Info-drive was started in Sept'85 as a proprietary concern by Mr. K. Shivakumar. Later, on 16-03-88 it was incorporated as a private limited company under the name info-drive Computers Private Limited. On 28-11-94 it was converted into a public limited company. The name of the
company was changed to lnfo-drive Software Limited vide resolution dated 4th January 1995 and Fresh certificate for change of name was obtained on 31st January 1995. Since it
is a Private Limited Company which has been converted into a Public Limited Company,no certificate of commencement of business is needed.



The company is engaged in development and designing software packages and imparting training in computers. Company has presently 8 training centres of which 5 centres
are under franchise. The company has developed 12 software packages on varied fields and on the training front the company has trained over 12,000 students in the past nine
years. The company is engaged in development and designing software packages and imparting training in computers.

On the software front the Company had developed several Application packages for companies like Eagle press, Abbott laboratories, Arvind enterprises and a part of Butterfly
group of industries. Further it has developed readymade package on graphics and animations like "Classmate Series" Physics for school students. This package caters to the 6th
and 7th standard school students. It is mainly on the concepts of basic physics, explained in a simple and interesting manner with illustrations and animations."How does a pc work" is a a general pc based graphics and animation product. This package explains in detail, right
from switching on the computer, how it actually works. Further technical workings of the computer are also explained with illustrations and animation which would help
the user to understand the total working of the computer. Apart from the mother board, peripherals like printers, are also covered. It has also developed "Info-safe" a data
security software. This package encrypts data and stores in the floppy in an encrypted manner. The user therefore has to access only through the password which again decrypts
the data into readable format. This package is quite useful in maintaining personal documents. "info-guard" a copy protection software, helps the user to protect valuable software from being copied.

On the training side, the company conducts courses on programming languages like Basic, Cobol, Fortran, Pascal, C, Assembly. Training is also conducted on Application
Packages like Database, Spreadsheets and Word processing.Another area where the company is conducting courses is on the hardware side. In this course the student is taught
right from basic electronics to chip level servicing.Students are also given in-house and on-site training.

Company had developed several Application packages for the business organisations like Eagle press, Abbott laboratories, Arvind enterprises and a part of Butterfly
group of industries.

The details of the software packages that are already completed are:

1. "How does a pc work"

This is a general pc based graphics and animation product. This package explains in detail, right from switching on the computer, how it actually works. Further units technical workings of the computer are also explained with illustrations and animation. It explains the basics of a
computer (architecture, fundamental units, operating units systems) and also explains in detail all parts used in a computer. for e.g. the working system of the mother board,
peripherals like printers, are also explained.

2. Classmate series (educational package)

this package caters to the 6th and 7th standard school students. it is mainly on the concepts of basic physics,explained in a simple and interesting manner with illustrations and animations. The package deals with each chapter and explains by computer graphics, the units
otherwise difficult concepts. The entire package is contained in 4 floppy diskettes. In less than an hour one can go through the entire series.

3. Infosafe (data security software)

This package encrypts data and stores in the floppy in an encrypted manner. (it uses advanced encryption algorithm to prevent access to protected files). It offers its users
very sophisticated on-line encryption techniques which can be implemented easily. The user therefore has to access only through the password which again decrypts the data
into readable format. This helps in keeping the information confidential, in preventing misuse, theft, unauthorised access. It is available as two utilities, as a stand alone module and as a set of function calls for incorporating in various languages.

4. Infoguard (copy protection software),

This software prevents unauthorised copying of computer files. The method adopted here is that of using laser protection concept wherein the laser technology will make
the copying of the files difficult.

5. Infoacc ( accounting software),

It helps in maintaining Journal, Ledger, Trial Balance, Profit & Loss account and Balance Sheet. The accounting aspects in the company using these packages can be done very efficiently and accurately. Data entry made in the journal will automatically update the ledgers, Trial
balance, Profit and Loss account and Balance Sheet.

The company has developed Seven client specific application packages as detailed below:

FOR BUTTERFLY GROUP

6. payroll package,

7. inventory control,

FOR ARVIND ENTERPRISES

8. payroll package

FOR EAGLE PRESS

9. accounting package,

10. invoicing package,

11. inventory package,

FOR ABBOTT LABORATORIES

12. Invoicing and inventory package

On the training side, the company conducts courses on programming languages like Basic, Cobol, Fortran, Pascal, C, Assembly. Training is also conducted on Application
Packages like Database, Spreadsheets and Word processing.Another area where the company is conducting courses is on the hardware side. In this course the student is taught
right from basic electronics to chip level servicing.Students are also given in-house and on-site training.

Main Objects Of The Company

The main objects to be pursued by the company on its incorporation as set out in the Memorandum of Association are:

1. To design, manufacture, import, export, buy, sell,install, maintain and deal in any kind of personal computers, mini computers and macro computers.

2. To design, manufacture, import, export, buy, sell, install, maintain and deal in any kind of computer peripherals and consumables including key board, printer floppy diskettes etc.

3. To act as consultants and render technical and professional services in the field of systems and software development including developing and trading in common software packages and tailor made software packages.

4. To set up laboratories, purchase and acquire any equipment and instruments for carrying out research for both computer hardware and software development and to assist quality control.

5. To set up training centre to educate and train students and people in the field of computer programming languages and to grant such diplomas or recognitions as the company
may prescribe from time to time.

6. To set up a centre for processing data of Business and Commercial establishments and other establishments.

7. To set up a Data Bank for trading Management and statistical information to Commercial and other establishments,

8. To set up a centre for rendering maintenance and service for both computer hardware and software and to train personnel for this purpose.

2007

-The company has issued rights in the ratio of 4:1 at a premium of Rs.2/- Per Share.

-Company has informed the E-mail ID for Investor grievance is as follows:

E-mail: [email protected]

2009

-The Directors have recommended a Dividend of 5% [Re 0.50 paise per Share]

2010

-InfoDrivSoft - Acquisition of Subsidiary in Mauritius

2012

-InfoDrivSoft - Formation of New Subsidiary

-Mr. Navamani V. Dhanasingh is appointed as an Additional Director and Chief Executive Officer of the Company with effect from December 01, 2012.

-MOU between Info-Drive Software Limited and Intelligent Interactive E-commerce Technologies Limited

2013

-Award of Tender in favour of the Company for supply and installation of Web Based Solution for Employees Cooperative Credit Society management for Employees Cooperative Thrift & Credit Societies of Chennai Region

2014

-Info-Drive Softw - MoU entered with Fincore Technologies Private Limited

-Mr. N. Viswanathan as an Independent Director of the Company with effect from 11th July 2014

-Info-Drive Software has splits its face value from Rs 10/- to 1/-

2017

-IDSL enters into MoU with Gurgaon based company
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