Transteel Seating Technologies Ltd. Company History and Annual Growth Details

The Company was originally incorporated on February 08, 1995 as a Private Limited Company as “Transteel Seating Technologies Private Limited” under the provisions of the Companies Act, 1956 with the Registrar of Companies, Karnataka, Bangalore. Later in the year 2022, pursuant to a Special Resolution of the Shareholders passed in the ExtraOrdinary General Meeting held on November 04, 2022, the Company was converted from a Private Limited Company to Public Limited Company and consequently, the name of the Company was changed to ‘Transteel Seating Technologies Limited’ and a Fresh Certificate of Incorporation consequent to Conversion was issued on April 19, 2023 by the Registrar of Companies, Bangalore. The Corporate Identification Number of the Company is U36109KA1995PLC017137. Mr. Shiraz Ibrahim and Mr. Amber A. Rao were the initial subscribers to the Memorandum of Association of the Company. The Company is promoted by Mr. Shiraz Ibrahim and Ms. Nasreen Shiraz.

MAJOR EVENTS :

1995

- Incorporation of the Company

- Started Manufacturing Ergonomic Furniture to cater to the needs of the Indian IT companies that were being setup in and around Bangalore

1997

- Moved to larger factory to address the growing demands of the IT Sector

2001

- Acquired orders from Infosys, ITC, Bosh as corporate accounts. Expanded to Chennai to diversify clientele in 2001

2006-2017

- Acquired more corporate accounts like IBM, Sony, SBI etc. and executed work on a Pan India basis.

2018

- Moved to a built to suite 2.5-acre 50,000 sq. ft. fully integrated manufacturing facility.

2019

- Digital first Direct to Consumer pivot in response to Covid 2019

2020

- Opened Mumbai Branch

2022

- Conversion of Company from Private Limited to Public Limited Company.

2024

-Transteel Seating Technologies done Strategic Expansion
with Phoenix Sustainable Furniture Initiative and New Digital Business Vertical.