Canarys Automations Ltd. Company History and Annual Growth Details

Our Company was originally incorporated as a private limited company under the Companies Act, 1956 in the name and style of “Canarys Automations Private Limited” pursuant to certificate of incorporation dated July 1, 1991 issued by the RoC, Bengaluru, Karnataka. Our Company became a deemed public limited company under Section 43A of the Companies Act, 1956 and the word ‘private’ was deleted with effect from June 22, 1992. Our Company became a private limited company, pursuant to Section 43A(2A) of Companies Act, 1956 with effect from June 20, 2000. Subsequently, our Company was converted into public limited company pursuant to special resolution passed in the EGM held on August 01, 2006, and consequently, the name of our Company was changed to “Canarys Automations Limited” and a fresh certificate of incorporation consequent upon conversion from private company to public company was issued by RoC, Bengaluru, Karnataka on September 21, 2006. Subsequently, our Company was converted into private limited company pursuant to the approval of our shareholders at an EGM held on November 16, 2007, and Consequently, the name of our Company was changed to “Canarys Automations Private Limited” and a fresh certificate of incorporation consequent upon conversion from public company to private company was issued by RoC, Bengaluru, Karnataka on November 27, 2007. Subsequently, our Company was converted into public limited company pursuant special resolution passed by the shareholders at the EGM held on May 19, 2023, and consequently, the name of our Company was changed to “Canarys Automations Limited” and a fresh certificate of incorporation consequent upon conversion from private company to public company was issued by RoC, Bengaluru, Karnataka on June 27, 2023.

MAJOR EVENTS AND MILESTONES

1991 

• Incorporation of our Company as “Canarys Automations Private Limited” under the Companies Act, 1956.

1992 

• Obtained funding from CanBank Financial Services Limited, Trustee of Canbank Venture Capital Fund.

1996 

• Entered into Partnership with large Multinational Software Company having Bengaluru Operations

2002 

• Incorporated the Canarys Corp., wholly owned subsidiary company in USA

• Won a Contract from large Indian Software Company

2004 

• ISO Certification Successfully Accredited

2005 

• Entered in Partnership with a Large US Based Product Company

2010 

• Foray into Hydrology and Meteorology Business

2012 

• WRDO (Water Resources Development Organization) Works Over the Years

2020

• Incorporated a Canarys APAC Pte Ltd, a foreign wholly owned-subsidiary of our Company in Singapore.

• National Hydrology Projects secured for Real Time Data Acquisition Systems in West Bengal, Madhya Pradesh, Orissa, Punjab states, created nationwide recognition for Canarys  in Hydro-Met business

2021 

• Increased the revenue of the Company from Rs. 18 cr in financial year 2019-20 to Rs.25 Cr. in financial year 2020-21. 

2022

• Increased the revenue of the Company from Rs. 25 cr in financial year 2020-21 to Rs.50 Cr. in financial year 2021-22.

• Entered into partnership with SAP.

2023

• Increased the revenue of the Company from Rs. 50 cr in financial year 2021-22 to Rs. 74.51  Cr. in financial year 2022-23.