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Nucleus Software Exports Ltd. Company History and Annual Growth Details

YEAR EVENTS
1989 - The Company was incorporated on 9th January, as Nucleus Software
Exports Pvt. Ltd and was subsequently converted into a Public
Limited company on 10th October, 1994. NSEL was promoted by
three enterprising technocrats Mr. Yogesh Andlay, Mr. Vishnu R.
Dusad and Mr.Arun Jain with an object to deliver quality
Information Technology Solutions to the business world.

- The company's business broadly consists of Software development
and Support services for corporate business entities.

- Nucleus Software Solutions PTE Ltd., incorporated in Singapur, is
a fully owned subsidiary of the company.

1995 - 201,000 No. of equity shares of Rs 10 each at a prem. of Rs 50
per share allotted to the Mutual Funds and 3,31,500 No. of equity
shares of Rs 10 each at a prem. of Rs 50 per share allotted to
the NTIs/OCBs on firm basis. 28,68,900 No. of equity shares of
Rs 10 each at a prem. of Rs 40 per share allotted through public
issue.

1998 - The company decided to allot 20,00,000 No. of equity shares of Rs
10 each at a price of Rs 103.15 per share to the
promoter/associates and permanent employees of the company on
preferential basis.

2003 - Nucleus Software Exports Ltd has informed BSE that they have been assessed at SW-CMM Level 5 based on the Capability Maturity Model (CMM) developed at Carnegie Mellon University's Software Engineering Institute (SEI). This rating recognizes Nucleus Software as one of the leading software companies catering to the BFSI segment worldwide, to achieve this elite status.

-Nucleus Software entered partnership with Langchao group, China

-Nucleus Software Ranked amongst the Fastest Growing Companies in Asia Pacific



2005

-Nucleus Software signs joint marketing agreement with Sun Microsystems

2007

-The Company has issued Bonus Shares in the Ratio of 1:1.

2009

- Nucleus Software Exports Limited announced that FinnOne has been chosen by Zambia National Commercial Bank (Zanaco), a commercial bank in Zambia, Africa.

 
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