Orient Information Technology (Delisted) share news and announcements

BSE: 531167

Last traded ₹3.82 on 19 Dec 2008

Delisted on 4 Feb 2009.

Last results date

The last board meeting held for results; the company has not yet given notice of the next.Orient Information Technology quarterly results

Apr30Wed

The board met on 30 Apr 2008 to consider unaudited financial results

Notice filed 24 Apr 2008

Inter alia, to consider, approve and take on record the unaudited Financial Results for the quarter and year ended on March 31, 2008.

Orient Information Technology annual reports, presentations and earnings calls

The company's own documents, latest first.Orient Information Technology financials, year by year

Orient Information Technology share news and announcements

25 announcements, routine notices left out, newest first.

  1. Dec 2008

    • 11 Dec · Suspension of trading in equity shares

      Members of the Exchange are hereby informed that the trading in equity shares of Orient Information Technology Limited shall be suspended w.e.f. December 22, 2008 (i.e. closing hours of trading on December 19, 2008) on account of Scheme of Amalgamation of Orient Information Technology Limited with IT People (India) Limited.
    • 10 Dec · Corporate action

      Board of Directors of the Company at its meeting has declared the effective date for the Scheme of Amalgamation of the Company with IT People (India) Limited to be December 5, 2008. The Board has approved on December 30, 2008 as the Record Date for ascertaining the entitlement of the issue and allotment of the equity shares by IT People (India) Limited to the shareholders of the Company, in accordance with the provisions of the scheme. A copy of the Synopsis of the Scheme of Amalgamation between IT People (India) Ltd. and Orient Information Technology Limited (OITL) shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 5 Dec · Board meeting

      To transact the following business: (1) To note & adopt the Final Court's Order on Merger of Orient Information Technology with Ltd IT People (India) Ltd. (2) To fix the Record Date to ascertain the names of shareholders of Orient Information Technology Ltd. to whom the shares of IT People (India) Ltd will be allotted as per the agreed share exchange ratio.
  2. Nov 2008

    • 12 Nov · Meeting

      Scheme of Amalgamation with IT people (India) Limited filed with High Court is pending for final order which is expected in last week of November 2008. Therefor Company has filed an application with Registrar of Company (ROC) Mumbai, for Extension of Time for holding Annual General Meeting. ROC has given its approval for holding Annual General Meeting till December 31, 2008.
  3. Oct 2008

    • 20 Oct · Board meeting

      Interalia, for approval of unaudited accounts of the Company for the Second Quarter ended September 30, 2008.
  4. Jul 2008

    • 21 Jul · Board meeting

      Interalia, for approval of unaudited accounts of the Company for the first Quarter ended June 30, 2008.
  5. May 2008

    • 13 May · Board meeting

      Inter alia, for approval of audited accounts of the Company for the year ended March 31, 2008.
  6. Apr 2008

    • 24 Apr · Board meeting

      Inter alia, to consider, approve and take on record the unaudited Financial Results for the quarter and year ended on March 31, 2008.
    • 23 Apr · Change in Compliance officer

      Ms. Mosami S. Kesarkar has resigned as Company Secretary & Compliance Officer of the Company and Mr. Ashitosh Sheth has been appointed as Compliance Officer of the Company w.e.f. February 18, 2008. Therefore, Mr. Ashitosh Sheth would be acting as Compliance Officer of the Company in place of Ms. Mosami Kesarkar.
    • 9 Apr · Business

      The shareholders of the Company at their court convened meeting held on 8th April, 2008 have approved the scheme of arrangement with some modifications, between Marketplace Technologies Private Limited and Orient Information Technology Limited and IT People (India) Limited and their respective shareholders, with requisite majority
  7. Mar 2008

    • 18 Mar · Notice of Meeting

      By order made on February 29, 2008, in the Company Application, the Hon'ble High Court of Judicature at Bombay directed that a meeting of the Equity Shareholders of the Applicant Company (Orient Information Technology Limited) be convened and held on April 08, 2008 for the purpose of considering and, if thought fit, approving with or without modification(S) the arrangement embodied in the Scheme of Amalgamation of Marketplace Technologies Private Limited and Orient Information Technology Limited with IT People (India) Limited and their respective shareholders and creditors ("the Scheme"). A copy of the Notice of Meeting shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 6 Mar · Business

      With reference to the proposed merger of Orient Information Technology Limited with IT People (India) Limited that pursuant to the order of the Hon'ble Court of Judicature at Bombay, a meeting of the equity shareholders of the Company will be held on April 08, 2008 for the purpose of considering and, if thought fit, approving, with or without modification(s) , the Scheme of arrangement between Marketplace Technologies Private Limited and Orient Information Technology Limited and IT People (India) Limited and their respective Shareholders.
  8. Jan 2008

    • 22 Jan · Board meeting

      Meeting on 31 Jan 2008: “Unaudited Financial Results for the qtr ended Dec 31, 2007”
    • 14 Jan · Change in Company Secretary/Compliance Officer

      Ms. Mosami S. Kesarkar has been appointed as Company Secretary of the Company and Mr. Vijay Thaker has resigned from the post of Company Secretary with effect from December 6, 2007". Further the Company has informed the Exchange that "Ms. Mosami S. Kesarkar would be acting as Compliance Officer of the Company in place of Mr. Vijay Thaker
    • 14 Jan · E-mail ID for Investor Complaints

      The Company has created the email Id [email protected] for facilitating the investors to correspond with the Company through email. Hence, investors can mail their complaints, queries, if any to the Compliance Officer at the email Id [email protected], which is treated as a designated email Id for the investors.
  9. Nov 2007

    • 28 Nov · Business

      The Board of Directors of the Company, at their meeting held on 27th November 2007, Tuesday, has approved the Amalgamation of Orient Information Technology Ltd. (OITL) into IT People (India) Ltd, a company listed on the Bombay Stock Exchange Limited, under Sections 391 to 394 of the Companies Act, 1956, subject to the requisite approvals from the members and creditors of the two companies, regulatory authorities and the Hon'ble High Court of Judicature of Bombay. The Board of Directors of the Company has also approved the Exchange Ratio of One Hundred (100 nos.) Equity Shares of Rs.2/- each in IT People (India) Ltd. for every Two Hundred and Seventy Five (275 nos.) Equity Shares of Rs.10/- each held by the shareholders of OITL as suggested in the valuation report of Gadgil & Co., Chartered Accounts & IT People valuation done by Haribhakti & Co. Chartered Accounts. The proposed Amalgamation shall be carried out under a Scheme of Arrangement to be filed before the Hon'ble High Court of Bombay. The draft Scheme of Arrangement approved by the Board of Directors of the Company for the proposed Amalgamation of OITL, into IT People (India) Ltd. will be filed with Bombay Stock Exchange Limited & National Stock Exchange of India Limited for necessary approval
    • 21 Nov · Board meeting

      To consider and approve the proposed Scheme of Amalgamation/ Merger of the Company with M/s. IT People (India) Limited and any other business with the permission of the chair.
  10. Oct 2007

    • 23 Oct · Business

      Board of Directors of the Company at its meeting held on October 20, 2007, inter alia, approved the following: (1) The Proposal of Amalgamation/Merger of the Company with M/s. IT People (India) Limited and made appointment of M/s. Gadgil & Co., Chartered Accountants, as the Valuers for the purpose of valuation of the Company".
    • 15 Oct · Board meeting

      Inter alia, to consider and approve the following: (1) The Un-audited Financial Results of the Company for the quarter and half year ended September 30, 2007. (2) The Proposal of Amalgamation/ Merger of the Company with M/s. IT People (India) Limited and to make appointment of the valuer for the purpose of valuation of the Company. (3) Any other business with the permission of the chair.
  11. Sep 2007

    • 27 Sep · Meeting

      Members at the Annual General Meeting of the company held on September 24, 2007, inter alia, passed the following resolutions unanimously: 1)Re-appointment of Mr. Kishore Hegde as a Director of the Company. 2)Re-appointment of M/s. Gadgil & Co., Chartered Accountants, Mumbai, as Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting of the company.
  12. Aug 2007

    • 31 Aug · Meeting

      (1) The Annual General Meeting of the Company will be held on September 24, 2007. (2) The Register of Members and Share Transfer Book of the Company will remain closed from September 20, 2007 to September 24, 2007 (both days inclusive) for the purpose of the Annual General Meeting of the Company.
  13. Jun 2007

    • 26 Jun · Board meeting

      Inter alia, to consider and take on record the Audited Financial Results for the quarter and year ended on March 31, 2007.
  14. Apr 2007

    • 26 Apr · Results

      Company shall publish Audited Financial Results within a period of 3 month for the year ended on March 31, 2007 i.e. on or before June 30, 2007.
    • 12 Apr · Management

      Mr. Vijay Thaker has been appointed as Company Secretary of the Company with effect from March 12, 2007. The Company has further informed that he would be acting as Compliance Officer of the Company.
  15. Jan 2007

    • 25 Jan · Board meeting

      Meeting on 31 Jan 2007: “Unaudited Financial Results for the quarter ended Dec 31, 06”

Sharp moves

15 of the 20 shown had no filing that day or the next.

MoveAgainst the Nifty 500Times its usual moveVolume, times usualFilings

  • 17 Dec 2008No filing that day or the nextdown 10.31%−7.4 pts vs Nifty 5001.4× its usual move · volume 2.9× usual
  • 16 Dec 2008No filing that day or the nextup 10.12%+7.7 pts vs Nifty 5001.4× its usual move · volume 2.4× usual
  • 15 Dec 2008No filing that day or the nextup 14.08%+11.7 pts vs Nifty 5002.0× its usual move · volume 2.3× usual
  • 5 Dec 20081 filingup 15.19%+17.5 pts vs Nifty 5002.3× its usual move · volume 0.6× usual
  • 21 Nov 2008No filing that day or the nextup 10.20%+6.2 pts vs Nifty 5001.6× its usual move · volume 0.8× usual
  • 18 Nov 2008No filing that day or the nextdown 10.50%−6.7 pts vs Nifty 5001.7× its usual move · volume 0.9× usual
  • 7 Nov 2008No filing that day or the nextup 14.76%+12.3 pts vs Nifty 5002.6× its usual move · volume 0.4× usual
  • 28 Oct 2008No filing that day or the nextup 17.71%+11.5 pts vs Nifty 5003.6× its usual move · volume 0.1× usual
  • 27 Oct 2008No filing that day or the nextdown 10.49%−7.5 pts vs Nifty 5002.2× its usual move · volume 0.5× usual
  • 24 Oct 2008No filing that day or the nextdown 16.63%−5.7 pts vs Nifty 5003.8× its usual move · volume 2.6× usual
10 earlier moves
  • 10 Oct 2008No filing that day or the nextdown 14.34%−7.4 pts vs Nifty 5003.8× its usual move · volume 0.8× usual
  • 13 Aug 2008No filing that day or the nextup 10.14%+10.6 pts vs Nifty 5002.3× its usual move · volume 6.3× usual
  • 23 Jul 2008No filing that day or the nextup 15.04%+9.2 pts vs Nifty 5003.7× its usual move · volume 3.1× usual
  • 10 Jul 2008No filing that day or the nextdown 10.51%−10.6 pts vs Nifty 5002.5× its usual move · volume 10.2× usual
  • 13 May 20081 filingup 11.01%+11.6 pts vs Nifty 5002.7× its usual move · volume 3.7× usual
  • 21 Nov 20071 filingup 19.03%+23.5 pts vs Nifty 5003.7× its usual move · volume 18.3× usual
  • 16 Oct 20071 filingup 19.18%+18.9 pts vs Nifty 5004.6× its usual move · volume 25.2× usual
  • 15 Oct 20071 filingup 20.00%+16.2 pts vs Nifty 5005.9× its usual move · volume 2.6× usual
  • 12 Sep 2007No filing that day or the nextup 13.03%+13.0 pts vs Nifty 5005.4× its usual move · volume 8.6× usual
  • 24 Apr 2007No filing that day or the nextup 9.95%+8.7 pts vs Nifty 5003.9× its usual move · volume 7.2× usual