Accentia Technologies Limited was incorporated on 12 August 1991. It is classified as a non-government company and is registered at the Registrar of Companies, Mumbai. The Company was first Listed on BSE in May 1996. The company's Scrip code on BSE was 531897.
The authorized share capital of the company is Rs. 400,000,000 and the paid-up capital is Rs. 170,245,696. It was involved in the business of Clinical Data Management, primarily in the Medical Documentation and revenue cycle management arena in the United States. From the financial years 2012-13 to 2014-15, Accentia’s business in the United States, has been badly impacted by the new Obamacare policy, which demanded a new modus operandi to be followed in the creation, storage, and management of healthcare documents.
The company was focused on theEnterprise Products market in the healthcare arena and shifted its focus from the Business to Customer (B2C) model to Business to Business (B2B). the company was also focused on white-labeled software products for Practice Management Systems (PMS), Electronic Medical Records (EMR), Receivables Cycle Management (RCM), Code Scrubbing, and Discrete Reportable Transcription (DRT), among other things, etc. Safecomm is a safety communication device for women and children, and a Platform as a service (PaaS), in which companies' platforms will be leased out to companies for managing their clients with no upfront costs.
| Outstanding Shares of Accentia Technologies : | 17024570 |
| Face Value of Accentia Technologies : | Rs.10 Per Equity Share |
| ISIN of Accentia Technologies : | INE122B01012 |
| PAN No of Accentia Technologies : | AAACH2013F |
| GST No of Accentia Technologies : |
32AAACH2013F1ZH |
| Lot Size of Accentia Technologies : | 1000 |
| Last Traded Price of Accentia Technologies : | Rs. 3.11 |
| Date of Delisting of Accentia Technologies : | 11-May-18 |
| Rate of Delisting of Accentia Technologies : | Rs.3.12 |
INCORPORATION DETAILS
|
CIN |
L99999MH1991PLC062885 |
|
Registration Date |
12-August-1991 |
|
Company Name |
ACCENTIA TECHNOLOGIES LIMITED (CN) |
|
Email Address |
Not Available |
|
Category/Sub-category of the Company |
Company Limited by Shares/Non-Government Company |
|
Registration Number |
62885 |
|
Address of the Registered office & contact details |
D-207, Second Floor, International InfoTech Park Belapur Railway Station, Section II, CBD Belapur Navi Mumbai MH 400614 IN |
|
Company Secretary & Compliance Officer |
Mr. Jose George., Company Secretary |
|
Name, Address & contact details of the Registrar & Transfer Agent, if any |
Sharex Dynamics (India) Private Limited 17-B, Dena Bank Building, 2nd Floor Horniman Circle, Fort, Mumbai 400 001 |
PARTICULARS OF SUBSIDIARY COMPANIES
|
Name of the Company |
Subsidiary |
% of shares held |
|
Thunga Software Private Limited |
Subsidiary |
* |
|
Accentia Oak Technologies Private Limited |
Subsidiary |
* |
|
Accentia Education Services Private Limited |
Subsidiary |
* |
|
GSR Physicians Billing Services Inc. |
Subsidiary |
* |
|
GSR System Inc. |
Subsidiary |
* |
|
Denmed Inc. |
Subsidiary |
* |
|
Oak Technologies Inc. |
Subsidiary |
* |
|
Accentia Technologies FZE |
Subsidiary |
* |
Note: The Board of Directors has given their consent to the Company not to attach the specified particulars of its Subsidiary Companies to the balance sheet of the Holding Company, in accordance with the general exemption granted by the Ministry of Corporate Affairs, Government of India (MCA) through General Circular No. 2/2011 and Press Note 3/2011.
BOARD OF DIRECTORS
Mr. Sooraj C.K. (Managing Director)
Mr. Pradeep Viswambharam (Whole-Time Direct)
Dr. K. Balasubramani (Independent Director)
Mr. Bobichren Jocob Thomas (Independent Director)
Ms. Sudeepa Nagasampagi (Independent Director)
Principal Business Activities of the Company
|
Name & Description of main products/services |
% to the total turnover of the company |
|
|
Trans Services Corporation |
55.72 |
|
|
Medex Healthcare Global |
20.07 |
|
|
Accentia Physician Services |
22.95 |
|
SHAREHOLDING PATTERN
(As of 31-03-2015)
|
S. No. |
Shareholder’s Category |
No. of Shares |
% of total Shares of the company |
|
1 |
PROMOTERS |
2706963 |
15.9% |
|
2 |
PUBLIC |
14317607 |
84.1% |
|
|
Total |
17024570 |
100.00% |
INDUSTRY OUTLOOK
Accentia Technologies Ltd. develops creative solutions that provide clients' business processes with a technical edge. Accentia focuses on services in HRCM, ITES/IT, Medical transcription, billing coding, Multimedia, Web Designing, Animation, e-pub & pre-pub, CRM, CAD architecture, and Mechanical, LPO, and Financial accounting services.
The company purchased a 51 percent investment in M/s. Geosoft Technologies (Trivandrum) Ltd and a 51 percent stake in M/S Iridium Technologies (India) Pvt. Ltd. during the 2005-06 fiscal year. As a result, Accentia Technologies Ltd has become the parent company of both enterprises.
