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Valiant Communications Ltd. Company History and Annual Growth Details

YEAR EVENTS
1993 - The company was incorporated as a Private Limited company on
28th December, and obtained fresh certificate of incorporation
upon conversion to a public limited company on 17.08.1994.

1995 - During the year under review, the Company made a public issue of
18,50,000 No. of equity shares of Rs. 10/- each for cash at par
aggregating Rs. 185 lacs. Out of this 14,50,000 equity shares of
Rs. 10/- each for cash at par were offered to the Indian Public
and 4,00,000 equity shares of Rs. 10/- each for cash at par were
reserved for preferential allotment on a competitive basis to Non
Resident Indians, Overseas Corporate Bodies and Foreign Financial
Institutions on a non repatriation basis.

- The Company is interfacing with the Department of
Telecommunications to participate in the specifications drafting
process by offering inputs and suggestions of the Optical
Subscriber Loop Carrier System.

- The Company is also approaching the prospective entrants in the
field of Basic Telecom Services for the deployment of its
products in their new upcoming networks.

- Research and development is being carried out by the Company to
develop special systems to meet customer requirements, both in
India and export markets.

1996 - Research and development is being carried out by the Company to
develop special systems to meet customer requirements, both, in
India and export markets.

- The Company is undertaking the process of technology absorption,
for all new products.

1998 - The Company has added and introduced many new products during
1997-98. The products are focused towards providing solutions to
private telecom operators, PTTs, ISPs, and Corporate Networks.

2000 - The Company has launched its DSL technology multiplexer, The DSL
technology based products offers ISDN, IDSL, digital data
services on a single and unconditioned copper cable pair.

2006

- Valiant Communications Ltd has informed that The Delhi Stock Exchange Association Ltd (DSE), Delhi, and The Madras Stock Exchange Ltd (MSE), Chennai, have delisted the Equity Share Capital of the Company vide their letter dated October 19, 2006 and August 09, 2006 respectively.
 
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