Mindteck (India) Share Price

Mindteck (India) Limited, previously known as Hinditron Informatics Limited was incorporated in 1991. The name of the Company was changed to Mindteck (India) Limited on 15 September, 1999. The Company is presently engaged in the development of Computer Software, process control, instrumentation and communication fields in India. Mindteck is a trusted partner in engineering excellence and technology innovation, proudly supporting a global clientele that includes Fortune 1000 companies, emerging startups, toptier universities, and government institutions. The Company provide a comprehensive portfolio of services spanning Embedded Systems, Enterprise Applications, and Quality Assurance, integrated with a focus on Digital Engineering. From product design and legacy modernisation to regulatory compliance, test automation, AI/MLdriven solutions, cloud migration, and data visualisation, it deliver solutions to evolving business needs. This strategic initiative underpins the development of reusable AI frameworks, accelerators, and industryspecific solutions. In the Product Engineering space, Mindteck renders Electronic Design, Firmware and Software in key vertical areas of Life Sciences and Analytical Instruments, Semiconductor Fab Equipment, Medical Instruments and in the highend Storage Products segment. The Enterprise Business services line provides services in the areas of support and maintenance of enterprisewide applications. Application Software services have centered around providing solutions to independent software vendors in the Banking and Financial Services Industry (BFSI) space and a broad range of services for Custom Application Development, Application Management, Reengineering, Validation and Verification across the spectrum. The Company also provides offshorebased employee resourcing, marketing and presales support and other services to its subsidiaries. In 2001 the company has merged Nicco Infotech Limited with itself after the approvals of shareholders of both the companies. The Company was awarded ISO 9001 certificate by KPMG.The Company has made a rights issue in 2001 for Rs.12.50 crores at a premium of Rs.90/ per share. The company has completed the acquisition of Infotech Holdings Inc a company which is engaged in IT software consultancy and the company has become a subsidiary from July 2001. On October 2002, pursuant to a plan of merger, Mindtechs subsidiary Infotech Holdings Inc merged with its wholly owned subsidiary Mindtech Consulting Inc which is the operating company in USA. Mindtech Consulting Inc is the surviving entity of the merger.The Companys wholly owned subsidiary in the US, Mindteck Consulting Inc. acquired and merged into itself effective April 1, 2005, Mindteck (USA) Inc., a company wholly owned by Business Holdings Ltd., an intermediary holding company. Subsequently, the merged entity was renamed as Mindteck USA Inc.(MUI). On July 12, 2005 the Company acquired 100% of the equity of Mindteck MiddleEast Ltd. SoC, (MME), a Company wholly owned by Business Holdings Ltd. On December 22,2005, the Company incorporated a wholly owned subsidiary in Malaysia, Mindteck Software Malaysia SDN BHD. It also incorporated a new wholly owned subsidiary, Mindteck BPO Services Pvt. Ltd. with an initial paid up capital of Rs. 0.50 million. Mindteck BPO Services Private Limited was incorporated on February 21, 2006.The Company acquired new service lines through its acquisitions in the US and expanded its service offerings and became a full scale IT Engineering service provider. The new expanded service portfolio includes Business Applications Consulting, Embedded Systems, SAP Enterprise Consulting, and Security, Infrastructure and Managed Services during the year 200708. The Company acquired ICI Tech Holdings Inc./lnfotech Consulting Inc. as its wholly owned subsidiaries on 1st February 2008. In 2008, it had set up two stateoftheart Instrument Labs in its Bangalore and Kolkata development centers.Effective October 01, 2008, the Companys three US operating subsidiaries Mindteck USA Inc., Infotech Consulting Inc. and Primetech Holdings Inc. merged together and the surviving entity was renamed as Mindteck Inc. Effective March 31, 2009, ICI Tech Holdings Inc., an intermediate holding company, got merged into its operating subsidiary, Mindteck inc, and became the Companys sole subsidiary in the US.The Company acquired a renewable energy system integrator client that develops utilityscale Concentrated Solar Power (CSP) projects and develop the entire Wireless Field Communication Subsystem (WFCS) controlling the field deployed heliostats in 2013.The Company in 2014 launched two innovative systems: Ignite Energy Management System which transforms office buildings, into energy efficient smart buildings, and ProdXL, an Enterprise Productivity Improvement Solution designed to provide quantitative feedback to drive employee behavior towards organization productivity improvement. In 2015, the Company launched a global webbased online performance management system. It commenced a new project on KIOSK development for an existing OEM customer, entailing complete product development with hardware architecture and design commenced a project for a communication board onan ECG machine for a medical device OEM customer in India. It provided SharePointbased enterprise solutions for a major Indian bank. It developed a performance management tool for the same bank.In 2016, it launched a Smart Parking Solution a robust, reliable and costeffective endtoend solution for car parking occupancy detection and management. It used field mounted WiFi IPbased cameras for both indoor and outdoor parking. MindFest, an intrapreneurship program to foster innovation was hosted globally during 201718.During 202021, Mindteck enhanced its IoT solutions portfolio with the development of an IoT Framework comprised of: Edge devices for monitoring and control LowPower WideArea Network (LPWAN) for sensor and actuator connectivity Solution deployment on the cloud and onpremises Web and mobile applications Addition of computer vision with AI and ML capabilities, as well as data analytics.During 2023, the Company completed projects for a public sector undertakings (PSU) involving the development of multiple web applications and the design of a control mechanism for doors.In 2025, Company launched an advanced Business Intelligence (BI) tool Laboratory instrument. It collaborated with a leading USbased analytical instrument OEM to create a wide applications such as, quantitative analysis, biopharmaceutical workflows, and small molecule screening. It implemented a secure, web based Scientific Data Validation System in partnership with a leading instrumentation firm including raw data, audit trails and electronic signatures.In 2026, Company became a leader in automating new platform through script development in areas such as BIOS, loader, platform software, service processors, and health monitoring (PHM, CSHM). It provided QA support across core storage modules such as file systems (NFS, SMB), RAID architectures, storage protocols (iSCSI, NVMe), high availability, MetroCluster, interconnects, switches, NIC cards, data protection, backup, and disaster recovery. Developed an automation test application for embedded medical devices. Delivered datadriven solutions. Designed a modern Automated External Defibrillator (AED) system integrated with a mobile app and cloud backend ensuring realtime data availability and seamless device management.