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Sastasundar Ventures Ltd. Company History and Annual Growth Details

Our Company was incorporated as 'Satyam Fiscal Services Private Limited' on June 6, 1989 as a private
limited company under the Companies Act, 1956. The name of our Company was changed to 'Microsec
Financial Services Private Limited' and a fresh certificate of incorporation dated October 17, 2005 was issued
by the Registrar of Companies, West Bengal at Kolkata. The name of our Company was further changed to
Microsec Financial Services Limited consequent upon the conversion of our Company to a public limited
company and a fresh certificate of incorporation dated October 21, 2005 was issued by the Registrar of
Companies, West Bengal at Kolkata. The aforesaid changes in the name were made to reflect the nature of the
business.
Prior to its acquisition by the current Promoters on August 1, 2005, our Company was a financial services
company and was engaged in the business of financing and investment management. Our Company was
registered with the RBI as a NBFC since January 29, 2003, but did not have significant operations.
As a part of the financing activities, our Company was engaged in the business of providing loans. As at March
31, 2005 (the date of the last audited financing statements prior to acquisition by the current Promoters) and at
March 31, 2004 respectively, the loans and advances of our Company were Rs. 8,176 and Rs. 6,189,182.
Further, for the fiscal years ended March 31, 2005 and March 31, 2004, respectively, our Company earned an
aggregate income of Rs. Nil and Rs. 27,000 respectively from this business.

As a part of the investment management activities, our Company was engaged in the business of trading in
securities. For the fiscal years ended March 31, 2005 and March 31, 2004, respectively, our Company earned an
aggregate income of Rs. 35,000 and Rs. 6,000 respectively from this business.
The profit before tax of our Company for the fiscal years ended March 31, 2005 and March 31, 2004,
respectively, was Rs. 1,000 and Rs. 2,179, respectively.

The Promoters acquired the entire shareholding of our Company from the previous shareholders. On August 1,
2005, 800,000 Equity Shares were transferred to Banwari Lal Mittal, and on October 1, 2005, 5,340 Equity
Shares were transferred to LKPL, Abha Mittal, Prabhu Dayal Khaitan, Bharati Sharma, Ravi Kant Sharma and
Sushila Devi Khaitan. The previous shareholders do not hold Equity Shares of our Company. Our Company also
held the entire shareholding of Microsec Capital Limited ('MCap') on November 24, 2005 and Microsec
Resources Private Limited ('MRPL') on February 1, 2006. Since MCap, prior to its acquisition by our
Company, held the entire equity share capital of Microsec Commerze Limited ('MCL') and Microsec Risk
Management Limited (as it then was), on acquisition by our Company, MCL and Microsec Risk Management
Limited (now Microsec Insurance Brokers Limited) became the indirect subsidiaries of our Company.

Further, MIL Technologies Limited (now renamed Microsec Technologies Limited as on March 17, 2008) held
the entire shareholding of erstwhile Microsec Technologies Limited as on October 1, 2005 and the entire share
capital of MIL Technologies Limited (now Microsec Technologies Limited) were held by Our Company on
March 30, 2006 respectively. The erstwhile Microsec Technologies Limited was merged with MIL
Technologies Limited (now known as Microsec Technologies Limited) Microsec Technologies Limited
('MTL') acquired the entire shareholding of PRP Technologies Limited on February 9, 2009. On acquisition by
the MTL, PRP Technologies became the indirect subsidiary of our Company.

Shringar Vinimay Private Limited ('SVPL') became a wholly owned subsidiary of our Company with effect
from February 26, 2009. Subsequently, on March 1, 2009, SVPL was merged with our Company.

The Microsec Group operates in the financial services sector since fiscal 2000 through Microsec Capital Limited
(then known as Microsec India Limited). Microsec Capital Limited, Microsec Resources Private Limited, MIL
Technologies Limited (now Microsec Technologies Limited), Microsec Insurance Brokers Limited and
Microsec Commerze Limited became Subsidiaries of our Company pursuant to the acquisition of our Company
by the Promoters and the subsequent reorganization of the business of investment banking, equity and commodities brokerage, depository participant, wealth management, insurance financial advisory, financing services, wealth management and insurance broking under a consolidated entity.

Key Events and Milestones

Following are the major events of our Company:

Year Event

2003 Our Company was registered as an NBFC (not accepting public deposit) with RBI

2006 Ravindra Shelter Limited was merged with our Company.

2009 Shringar Vinimay Private Limited was merged with our Company.

Following are certain key events and milestones achieved by our Subsidiaries:

Year Event
2003 MCL was registered as a trading-cum-clearing member with NCDEX

2003 MIBL was registered as a insurance broker with IRDA

2003 MCap was registered as a mutual fund advisor with AMFI

2003 MCap was registered as a merchant banker in the category-I with SEBI

2004 MCap was registered as a member of future and option segment with NSE

2004 MCL was registered as a trading-cum-clearing member with MCX

2005 MCap was registered as a stock broker with BSE

2005 MCap was registered as a depositor participant with NSDL

2005 Amalgamation of MTL with MIL Technologies Limited

2006 MRPL was registered as a non banking financial institution not accepting public deposit
with RBI

2006 MCap was registered as a self clearing member with NSE

2006 Amalgamation of Kautilya Advisory Private Limited with MCap

2007 MCap was registered as a member of future and options segment with BSE

2007 MTL was registered as a 100% export oriented unit with the Software Technology Park,
Kolkata

2007 MCap was registered as a depository participant with CDSL

2007 MCap was registered as a portfolio manager with SEBI

2007 MCap was certified as ISO 9001:200 company by Moody International Certification
Limited

2008 MCap was registered as a trading member with NSE in respect of currency derivative
segment/ clearing corporation/ clearing house
 
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