Seshaasai Technologies Ltd. कंपनी का इतिहास और वार्षिक वृद्धि विवरण

The Company was originally incorporated as “Seshasai Business Forms Private Limited” as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated September 17, 1993 by the Registrar of Companies, Maharashtra at Mumbai (“RoC”). Pursuant to the approval accorded by the Shareholders at their extraordinary general meeting held on January 16, 2006, the name of the Company was changed to “Seshaasai Business Forms Private Limited” and a fresh certificate of incorporation consequent to change of name was issued by the RoC on February 14, 2006. Pursuant to the Scheme of Arrangement approved by the National Company Law Tribunal vide order dated February 8, 2024, the Company was converted from a private limited company to a public limited company and consequent upon conversion, the name of the Company was changed to “Seshaasai Business Forms Limited” and a certificate of change of name dated October 14, 2024 was issued by the RoC. The name of the Company was further changed to “Seshaasai Technologies Limited” as part of the corporate rebranding of the Company to reflect the principal business being undertaken by the Company in terms of the Scheme of Arrangement, and a fresh certificate of incorporation consequent upon change of name dated November 25, 2024 was issued to the Company by the RoC.

Major events and milestones of the Company :

1993
- Incorporation of the Company

1995
- Received RBI Permit for Security printing

2001
- First personalized cheque book printed for a large private sector bank in India
- Started printing bank statements
- Seshaasai e-forms incorporated

2002
- Started its first unit outside Navi Mumbai, in Velacherry, Chennai
- Chennai unit received IBA License for printing security instruments

2003
- Started printing insurance statements, welcome kits and data entry

2005
- Started the unit at Okhla, Delhi

2006
- Delhi unit received IBA License for printing security instruments

2007
- Started the unit at GF 1, Peenya Stage 1, Bengaluru
- The Bengaluru unit (GF 1, Peenya Stage 1) received IBA Licence for printing Security instruments

2009
- Started Telecom bill printing activity
- Bagged first big Government Project for GOI – ICR Scannable schedules with Variable and Barcode printing, census of India 2011
- Started Kundli and Kolkata units

2010
- Kolkata unit received IBA Licence for printing security instruments

2012
- Awarded UIDAI order for printing of Aadhar Cards

2015
- Set up Card units for Rupay and two Global Payment Schemes at Mumbai

2016
- Kundli unit received IBA Licence for printing security instruments

2018
- First certified bureau in India to receive NPCI approval for Smart City - Common mobility cards for transit

2019
- Approval for Fast Tags - ETC Toll Tag
- Manufacture of personalised Chip cards
- Set up the RFID unit at Bengaluru
- Started Nagpur unit

2021
- Developed smart wearables as an alternative for payments and launched the Rupay On-the-Go for making contactless payments using everyday wearables
- Set up the chip bonding facility at Mumbai

2022
- Nagpur unit received IBA Licence for printing Security instruments

2023
- Expanded the RFID facility to new facility at Bengaluru and Kundli
- Setup specialty cards (Metal, Biometric) manufacturing at Bengaluru

2024
- Scheme of Arrangement entered into by and amongst the Company, Seshaasai E-Forms Private Limited, Qupod Technovations Private Limited and their respective shareholders and creditors

2025
- The Company has acquired of Atoll Solutions Private Limited.

-Seshaasai Technologies Ltd. has secured a contract from a leading Public Sector Bank for the procurement, processing, and personalization of debit cards and associated services.