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Archana Software Ltd. Company History and Annual Growth Details
YEAR EVENTS 1994 - SSL Finance Ltd. was incorporated on 15th November, and obtained the Certificate of Commencement of Business on 2/12/1994. The Company has been promoted by Mr. D.Ravisankar & his associates.
- The company has leasing & hire purchase. The company has also applied for Merchant Bankers registration under to SEBI, Regional Office for Category III.
1996 - The Company has proposed to tap the Public Deposit Market to mobilise funds to augment the resources and to deploy the same in the areas of Hire Purchase Finance and Equipment Leasing.
1999 - The scrip of Archana Software Ltd, is known as SSL Finance Ltd until January 10, has been a seeing an uptrend on the National Stock Exchange (NSE).
- Though the company has changed its name to Archana Software, its shares continue to be traded under the old name on NSE.
2000 - The company proposes to enter into the field of information technology. It will begin with a new division, Aasheesh IT Education, which will focus on IT education by setting up 150 outlets through franchise route.
- Chennai-based Archana Software is came out with a public issue of Rs 3 crore with the premium being Rs 10 for each share.