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Tata Elxsi Ltd. Company History and Annual Growth Details

1989

- The company was incorporated on 30th March, as a Public Limited
Company and obtained the Certificate of Commencement of Business on 5th
May. The Company was promoted as a joint venture between Tata
Industries, Ltd. (TIL) and Tata Elxsi (Plc.), Ltd. (TEPL), Singapore.
The Company manufacture multi-processor based computer systems and
components.

- The company entered into a collaboration agreement with TEPL. Under
the agreement, the Company was granted exclusive right and licence by
TEPL to manufacture and sell the system 6400 in India.

1991

- 310 No. of equity shares at par subscribed for by the signatories to
the Memorandum of Association. 95,50,000 No. of equity shares issued
at par of which the following were reserved for allotment on firm
basis: (i) 32,10,180 shares to Tata Industries, Ltd. its associates,
and (ii) 20,64,820 shares to the foreign collaborators Tata Elxi (Pte)
Ltd., Singapore. Of the remaining 34,75,000 shares, 4,77,500 shares
reserved for allotment on a preferential basis to the employees and the
balance 29,97,500 shares offered for public subscription (all were
taken up). Additional 14,32,500 shares allotted to retain
over-subscription. 46,00,000 shares issued at par on part conversion
of convertible debentures as on 29.1.1992.

1993

- The Company sold and installed 32 systems and 24 systems by Silicon
Graphics Pte Ltd. The Company established a Software Technology Park
at its premises near white field, Bangalore.

- A 64 KBPs Communication link has been set up connecting the Company's
facility with the Internet in USA. A separate group for marketing of
complementary third party hardware and software products was
established.

1995

- 155,82,810 Right Equity shares issued at par in propn. 1:1.

1996

- The Company's operations were visualised from two lines of business
viz. distribution, valve-added reselling and provision of solution
built around products from Silicon graphics USA for domestic customers
and Hardware and Software design and development services both for
domestic and overseas customers.

- The Company sold and installed 280 systems on Rupee payment terms and
282 systems to customers who were directly billed by Silicon Graphics
Inc.

- The Design and development group executed projects both in India and
abroad. The Company set up a dedicated software development centre for
Hitachi Ltd., Japan at Bangalore.

- The Company issued 20,00,000 - 12.5% partly convertible debentures of
Rs 50 each of which 1,00,000 debentures were reserved for preferential
allotment to the employees on an equitable basis and the balance
19,00,000 debentures were offered for public subscription. All the
debentures offered to public were taken up but only 36,300 debentures
were taken up out of the employees quota. The unsubscribed 63,700
debentures of the employee's quota were issued to public. Additional
2,00,000 debentures were allotted to public to retain oversubscription.

- Part A-convertible portion of Rs 20 each to be converted into 2
equity shares of Rs 10 each on the date of the allotment and Part B
non-convertible portion of Rs 30 each bearing an interest rate of 12.5%
per annum to be redeemed at par after seven years from the date of
allotment.

- 2,600 Right shares kept in abeyance were issued.

2000

- ICRA has upgraded credit rating of the Rs 5-crore commercial paper
programme of the Company from A1 to A1+.

- Tata Elxsi Ltd. will launch Maya 3, the advanced version of Maya
software of Alias Wavefront, in India.

- Tata Sons Ltd. an existing shareholder, acquired 14,00,000 No. of
equity shares of the company from Tata Engineering & Locomotive Company
Ltd. on September 29.

2001

- Tata Elxsi has tied up with IBM as an e-biz solution partner.

- Tata Elxsi has approved the resignation of S Devarajan as managing
director of the company with effective from 31st March.

- Tata Elxsi, the Bangalore-based systems integration, design and
development company has launched a four semester MS degree in software
engineering course, in association with BITS-Pilani.

- Tata Elxsi Ltd has informed the BSE that Mr D S Pendse has resigned
from its board of directors with effect from June 1.

2002

-Appoints Madhukar Dev as the CEO of the company.

-Company is appointed as the systems Integrator of Apple for the film, video and broadcast market for apple .

-Ties up with Enterasys to provide network design and implementation services to the enterprise customer of Enterasys.

-Signs partnership agreement with Automotive Multimedia Interface Collaboration (AMI-C) to give technology expertise for proof of concept vehicles.

-Prof. A Sadagopan, appointed as the additional director on the board of the company.

2003

-TCS joint venture with HDFC, makes TCS major in shareholder in the equity.

-Mr K M Chinnappa, resigns from the Directorship of the company.

-Visual Computing Lab, subsidiary of TEL informs the execution of visual effect for the bollywood multi starrer "Boom".

-VCL creates a computer generated girl for a song sequence including live characters to a film calle 'Boys'.

-Sasken Communication Technologies, S2 Engineering Design Solution along with Tata Elxsi opens Sales and development centres at Frankfurt.

2005

-Tata Elxsi unveils Chennai centre

2006

-Tata Elxsi is at Booth C9849 showcasing three of the latest Multimedia, IPTV and DTV technology products.

-DMS Expo is the largest trade show and conference of Japan focusing on the IT solutions for the manufacturing Industry.


-Tata Elxsi is showcasing its semiconductor and embedded product design services at Booth no. 3017.


2007

-MobileTV on PDA - Showcasing Tata Elxsi’s DVB-H stack & application running on HP iPAQ PDA on Windows® Mobile- 5.0. This uses Dibcom's DVB-H USB-dongle for the TV reception.


2008

-Tata Elxsi presents its line of game services and offerings at Booth #6-C8 at Tokyo Game Show 2008, Makuhari Messe, 9th to 12th October, 2008.

-Tata Elxsi represented by its Industrial design division, IDE will exhibit some of its innovative products designed for global clients , coupled by its unique offerings that provide solutions to the challenges faced by global companies today in the area of packaging.


2009

-Tata Elxsi demonstrated technical competencies in Broadcast, Wireless, Automotive, Consumer Electronics and Semiconductors.

-Tata elxsi demonstrated live Video streaming over WiMAX and LTE eNodeB reference design

-Tata elxsi displayed the latest technology solutions in DTV, IP Set-top boxes, Mobile TV, ATE (Automated Test Environment), H.264 HP Endcoder and MHEG-5 & DVB-CI/CI+ solution.


-Tata Elxsi showcased its range of Wireless competencies in wireless infrastructure and mobile terminal solutions both for commercial and non-commercial markets


2010

-TATA ELXSI is a leading third party software provider and systems integrator in the wireless infrastructure market

-Tata Elxsi is the embedded Product design arm of the $70 billion TATA Group.

2011

-Tata Elxsi will be demonstrated its design and engineering capabilities exclusively for the Metro rail industry

-Tata Elxsi had attend the International Railway equipment exhibition (IREE) organised by the Confederation of Indian Industry (CII) in association with the Ministry of Railways

-Tata Elxsi organised connect D - an annual event that endeavours to create a platform to engage with future designers on the occasion of 'World Industrial Design Day' (WIDD).

-Tata Elxsi’s product engineering expertise spans carrier-grade base stations for Telecom operators and custom wireless solutions for ad hoc networks and cognitive radio.

-TATA ELXSI offers its best-of-breed engineering services and proven protocol software on leading semiconductor platforms, and to accelerate new product delivery for OEMs


2012

-Tata Elxsi exclusively provides Design and Engineering Services to all the major verticals of Transportation segment, namely-Automotive, Aerospace, Marine and Rail by offering customized, full lifecycle embedded system design services & solutions.

-Tata Elxsi is a leading provider of protocol stacks for LTE and Mobile WiMAX.

-Explore how Tata Elxsi is helping leading product companies and service providers deliver innovative solutions, accelerating time to market and competitive advantage.


2013

- Tata Elxsi, a Bangalore-based Rs 622-crore design services firm, has taken a different route by setting up a business incubator.

- Filmfare Best VFX has been awarded to Tata Elxsi for Dhoom 3.

- The Company has recommended a dividend of 50% (Rs. 5 per share of Rs. 10/-

2014

- Tata Elxsi has been working on Telecom & Networking, delivering innovative products and solutions.

- Tata Elxsi is leveraging its digital signal processing to build a presence in advanced driver assistance systems (ADASs) development

- Bangalore-based Tata Elxsi, a part of the Tata Group. Through its four divisions – Embedded Product Design, Industrial Design, Visual Computing Labs and System Integration – it has designed products for the automotive, consumer products, energy, wireless communication, health care and defence sectors.

- Tata Elxsi appoints Dr. Gopichand Katragadda as an Additional Director (Non Executive and Non Independent) of the Board.

- The Company has recommended a dividend of 90% (Rs. 9 per share of Rs. 10/- each).

- The Board as approved the appointment of Mr. N. G. Subramaniam as an Additional director and the Chairman of the Company.

2015
-Tata Elxsi Redefines Design this World Industrial Design Day
-Tata Elxsi Showcases Futuristic Automotive Solutions at Vdi-Eliv (Electronics In Vehicles)
-Tata Elxsi to showcase latest innovations in Broadcast, IoT and Big Data Analytics
-Tata Elxsi launches ACTIV@TE at SCT College
-Tata Elxsi announces the Winner of the 3rd Edition of IGNITE Design Contest - ‘Wearable Technology: Envisioning the future’
-Tata Elxsi joins the Frog by Wyplay community
-Tata Elxsi Showcases Advanced Automotive Solutions at CES

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