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The Company was incorporated as a Private Limited Company on 23rd March 1983 in the name of M/s Contech (India) Private Limited with the object of providing consultancy services in the field of data processing, computer micro-processor process control instruments, telecommunication, mass communication, design and development for chemical, power, computer instrumentation and tele-communication industries. |
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The Company became a Deemed Public Company w.e.f. 01st July 1993. The Company was reconverted in to a Private limited Company w.e.f. 17th April, 1995. Further, the Company was converted into a Public Limited Company w.e.f. 08th November, 1999 and the name of the Company’s name was changed to “M/S CONTECH SOFTWARE LIMITED” w.e.f. 17th November, 1999.
The Company had came with an Initial Public Offer of 13,80,000 Equity Shares of Rs. 10/- each, for cash at a Pre.mium of Rs.50/- per Share aggregating to 828.00 Lacs and issue of 2,00,000 Equity Shares of Rs. 10/- each, for cash at a Premium of Rs.65/- per Share aggregating to 150.00 Lacs reserved for firm allotment to Promoter Group in the Month of March, 2000. |
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The Company has started the activities relating to packing material by trading of packing material paper of various kinds since the year 2007-08. Therefore the Name of the Company had been changed for “M/s Contech Software Limited” to its present name “M/S ARMS PAPER LIMTED” w.e.f. 14/05/2009, to reflect the present business activities carried out by the Company. |
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