Danlaw Technologies India Ltd. Company History and Annual Growth Details

The company was incorporated in Michigan in 1984. Danlaw Technologies India Limited (DTIL) has been founded by Mr. Raju S. Dandu and his associates as offshore technology and product development center to give Danlaw group a 24x7 market presence in a high skills environment.

Danlaw Technologies India Limited envisions itself as a products company that pioneers innovations. Danlaw's high skill and geographic comparative advantage, coupled with its deep commitment to R&D, ensure that whatever is done is done the best and with great cost advantage. The who's who list of partners and customers testifies to this fact. Be it Embedded Solutions, DSP, Web Based Applications, Biometric Solutions. DANLAW is a certified ISO 9001:2008 organization.

2002

-Danlaw Technologies has signed an agreement in consortium with Nagarjuna Infotech Ltd to be a consultant-cum-service provider with Department of Municipal Administration, Govt of Andhra Pradesh.

2003

-Danlaw Tech unveils range of biometric applications

2007

-Danlaw Technologies has designated E-mail ID for Investor Complaints:
investor-services@danlawinc.com

2008

-Mr. Naga Satyanarayana Sappata has been appointed as the Additional Director of the Company.

2009

-Mr. M A Ashok Kumar has been appointed as Independent Additional Director of the company.

2010

-Mr. Kotti Nanda Praveen Kumar has been appointed as Additional Director of the Company.

2012

-Mr. Ravi Kumar Tamma has been appointed as Additional Director of the Company.

2021

-NCLT has given approval approved the Scheme of Amalgamation of Danlaw Electronics Assembly Limited with Danlaw Technologies India Limited.

2022
-This is with respect to the Scheme of Amalgamation between Danlaw Technologies India Limited (Transferee Company) and Danlaw Electronics Assembly Limited (Transferor Company) and their respective Shareholders and Creditors under section 230 to 232 of the Companies Act, 2013 read with rules made thereunder ('Scheme').
Certified True Copy of the said NCLT Order dated 01.11.2022, received by the company on 02.10.2022 is enclosed herewith.
-This is with reference to our letter dated 7th March 2022, submitted under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) (LODR) Regulations, 2015. We hereby inform you that the Pursuant to the Stock Purchase Agreement, that the Company has sold its entire equity holding in Danlaw Technologies Inc (DTI) an overseas wholly owned subsidiary to SPML Ventures LLC. The transaction is completed on 30.03.2022. DTI has ceased to be the Company''s wholly-owned subsidiary w.e.f. 30.03.2022.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article