Cambridge Technology Enterprises Ltd


BSE: 532801 | NSE: CTE | ISIN: INE627H01017 
Market Cap: [Rs.Cr.] 8 | Face Value: [Rs.] 10
Industry: Computers - Software - Medium / Small

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Board Meet

28-May-13 
Audited Results 
27-Mar-13 
Cambridge Technology Enterprises Ltd has informed BSE the Board of Directors of the Company at its meeting held on March 27, 2013, has transacted the following business: 1. Noted the exercise of option, by two out of seven Debt Holders of SSG, to convert debt into equity of shares of SSG. Consequently, the shareholding of the Company in SSG has diluted from 100% to 29.68%. Thus smarShiftgroup Limited, Mauritius, has ceased to be a subsidiary of the Company. 2. The Board decided that the Company's 29.68% stake in smarShiftgroup Limited, Mauritius be sold to smartShiftgroup INC., USA for a sale consideration of USD 25,000. 
12-Feb-13 
Quarterly Results 
28-Dec-12 
Cambridge Technology Enterprises Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 28, 2012, has approved the following: 1. Merger between the Company and Cambridge Technology India Private Limited, Company's Wholly owned subsidiary at Bangalore. 2. Sale of smartShiftgroup Limited, CompanyÆs wholly owned subsidiary at Mauritius. 
09-Nov-12 
Quarterly Results 

AGM

28-Sep-12
AGM : 28.09.2012 Cambridge Technology Enterprises Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on September 28, 2012. (As per BSE Announcement Dated on 01.10.2012)  
30-Sep-11
Cambridge Technology Enterprises Limited has informed the Exchange that Register of Members and Share Transfer books of the Company will remain closed from September 23, 2011 to September 30, 2011 (both days inclusive) in connection with the Annual General Meeting to be held on September 30, 2011. Cambridge Technology Enterprises Ltd has informed BSE that effective from September 13, 2011, Dr. Prem Singh Rana and Mr. Krishen Kumar Dhar have resigned as an Independent Directors of the Company citing preoccupation as the reason for their respective resignations. Further the Company has informed that, their appointment as Directors was mentioned in Agenda No. 5 & 6 of the Notice for the ensuing Annual General Meeting scheduled to be held on September 30, 2011. In view of the above resignations Item No. 5 & 6 of the Notice will not be taken up in the meeting. (As Per BSE Announcement Dated on 14.09.2011) Cambridge Technology Enterprises Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on September 30, 2011 inter alia, have passed the following resolutions: 1. Consideration and adoption of Annual Accounts for the year ended March 31, 2011. 2. Re-appointment of D. R. R. Swaroop as Director who retires by rotation. 3. Re-appointment of M/s. Murali & Co., Chartered Accountants as Statutory Auditors. 4. Appointment of Samir Bhatia as a Whole-time Director. Further, Company had received resignations from Dr. Prem Singh Rana & Mr. Krishen Kumar Dhar on 14th September effective from September 13, 2011. In view of the above, business item Nos. No. 5 & 6 mentioned in Agenda of the Notice for Annual General Meeting were dropped. (As Per BSE Announcement Dated on 05.10.2011) 
30-Sep-10
AGM 30.09.2010 Cambridge Technology Enterprises Ltd has informed BSE that the members at the 11th Annual General Meeting (AGM) of the Company held on September 30, 2010, inter alia, have accorded to the following: 1. Adoption of Annual Accounts for the year ended March 31, 2010. 2. Re-appointment of Mr. L. Sridhar as Director liable to retire by rotation. 3. Re-appointment of Mr. D.R.R. Swaroop as Director liable to retire by rotation. 4. Appointment of M/s P. Murali & Co., Chartered Accountants as Statutory Auditors of the Company. 5. Appointment Mr. Arjun Chopra, as Whole-time director pursuant provisions of Section 198, 257, 269, 309,310, 314 and Schedule XIII of the Companies Act, 1956. (As Per BSE Announcement Website dated on 04.10.2010) 
30-Sep-09
Cambridge Technology Enterprises Limited has informed the Exchange that Register of Members and Share Transfer books of the Company will remain closed from September 23, 2009 to September 30, 2009 (both days inclusive) for the purpose of Annual General Meeting to be held on September 30, 2009. Further, the Board of Directors of the Company has not recommended any dividend for the FY 2008-2009. Cambridge Technology Enterprises Ltd has informed BSE that the members at the 10th Annual General Meeting (AGM) of the Company held on September 30, 2009, inter alia, have approved the following resolutions: 1. Adoption of Annual Accounts for the year ended March 31 2009. 2. Re-appointment of Mr. D. R. R. Swaroop & Mr. B. Muralidhar as Directors liable to retire by rotation. 3. Appointment of M/s. P. Murali & Co., Chartered Accountants as Statutory Auditors of the Company. 4. Appointment of Mr. L. Sridhar, Mr. K. R. Chari & Mr. Tejesh Kumar Kodali as Directors, liable to retire by rotation. 5. Appointment of Mr. Tejesh Kumar Kodali as Wholetime Director under the provisions Sections 198, 289, 309, 310, 314 read with Schedule XIII to the Companies Act 1956. 6. Re-appointment of Mr. D. R. R. Swaroop & Mr. Bhaskar C. Panigrahi as Wholetime Directors under the provisions Sections 198, 269, 309, 310, 314 read with Schedule XIII to the Companies Act 1956. (As Per BSE Announcement Website dated on 01.10.2009) 
23-Oct-08
AGM 23/10/2008 Cambridge Technology Enterprises Ltd has informed BSE that the shareholders at the 9th Annual General Meeting (AGM) of the Company held on October 23, 2008, have approved declaration of dividend @ 5% for the year ended March 31, 2008, to be paid to the non-promoter ((Public) shareholders as against a dividend of 10% recommended by the Board of Directors at its meeting held on June 30, 2008. Since the Promoters of the Company have opted not to participate in the dividend for the financial year ending March 31, 2008, the dividend @ 5% declared by the shareholders will be paid only to the non-promoter (Public) shareholders. Cambridge Technology Enterprises Ltd has informed BSE that the members at the 9th Annual General Meeting (AGM) of the Company held on October 23, 2008, inter alia, have accorded to the following: 1. Adoption of Annual Accounts for the year ended March 31, 2008. 2. Declaration of dividend @5% for the year ended March 31, 2008 payable only to non-promoter (Public) shareholders as against 10% of dividend recommended by the Board of Directors at their meeting held on June 30, 2008. 3. Re-appointment of Mr. Krishna P Nangegadda & Mr. H K Katti as Directors of the Company. 4. Appointment of Statutory Auditors of the Company. 5. Appointment of Mr. B Muralidhar, as Director of the Company. 6. Amendment to Article 182 of the Articles of Association of the Company. 7. Authority to Board to Issue of FCCBs / GDRs / ADRs / QIPs / Equity u/s Section 81 (1A) of the Companies Act, 1956 upto Rs 500 crores. 8. Authority to Board to make Investment in M/s. Protege Software Services Inc, USA u/s 372A of the Companies Act, 1956. 9. Authority to Board to Issue of 8,00,000 Equity shares for consideration other than cash on preferential basis to the shareholders of M/s. Protege Software Services Inc., USA. 10. Authority to Board to Issue of 30,00,000 Convertible Equity Warrants on preferential basis u/s 81(1A) of the Companies Act, 1956. 11. Approval of Cambridge Technology Enterprises Ltd -ESOP Scheme 2-2008. 12. Issue of ESOPs to the Employees of Subsidiary Companies. However, the Resolution under Item no.14 of the AGM Notice concerning allotment of 15,00,000 Equity Shares to Cambridge Technology Enterprises Trust (CTE Trust) has not been taken up for adoption by the Shareholders, since a resolution to the same effect has already been passed earlier through postal ballot rendering the resolution under Item no.14 nugatory. (As Per BSE Announcement Website dated on 23.10.2008) 

EGM

02-Nov-10
Cambridge Technology Enterprises Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on November 02, 2010, inter alia, to create, offer, issue and allot up to 3,806,600 equity shares of Rs 10/- each at price of Rs 24.00 (inclusive of premium of Rs 14.00 per share) per share on preferential basis for cash consideration being the price which is in accordance with the SEBI Pricing Guidelines for preferential issues aggregating to Rs 91,358,400/- (Rupees Ninety One Million Three Hundred and Fifty Eight Thousand And Four Hundred Only) and in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations. 2009 to the allottees as detailed herein below: 1. Name of the Allottees : OurVox Holdings LLC Category : Non Promoter No. of Equity Shares of Company to be allotted : 1,750,000 2. Name of the Allottees : Smartshift AG Category : Non Promoter No. of Equity Shares of Company to be allotted : 2,056,000 Cambridge Technology Enterprises Ltd has informed BSE that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on November 02, 2010 had approved issue of 38,06,600 equity shares of Rs. 10/- each at a price of Rs. 24/- per share (including a premium of Rs. 14/- per share) to OurVox Holdings LLC and smartShift AG on preferential basis. (As Per BSE Announcement Website dated on 02.11.2010) 
08-Dec-07
Cambridge Technology Enterprises Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 07, 2007, has approved the following: 1. To re-consider and approve afresh the issue and allotment of 42,50,000 Convertible Equity Warrants on preferential basis to M/s. Rosebury Investments Pte Ltd and M/s. Prime Genius Investments Pte Ltd subject to the approval of shareholders. 2. To Convene an Extraordinary General Meeting of shareholders on December 08, 2007 for the purpose as mentioned in point 1 above. 3. To further invest USD upto 2 million in the wholly owned subsidiary of the Company viz., M/s. Cambridge Technology Enterprises Inc., USA (CTE Inc.,) by way of additional subscription of Shares. Cambridge Technology Enterprises Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on December 08, 2007, inter alia, to transact the following: 1. To create, offer, issue and allot upto 42,50,000 Equity Warrants convertible into 42,50,000 equity shares on prÇ basis, of Rs 10/- each at price of Rs 55/- per share, for cash consideration (inclusive of premium of Rs 45/- per share) being the price which is in accordance with the SEBI Guidelines for preferential issues aggregating to Rs 23,37,50,000/- (equivalent to USD 5,952,380.95) and which can be convertible into equity shares with in a period not exceeding eighteen months (18 months) from the date of allotment of Equity Warrants in accordance with SEBI (DIP) Guidelines to the following allottee(s) as defined herein below: a. Rosebury Investments Pte Ltd (Non-Promoter): 19,50,000 No of Equity Warrants to be allotted b. Prime Genius Investments Pte Ltd (Non-Promoter): 23,00,000 No of Equity Warrants to be allotted 2. The Register of Members, indexes, returns, copies of certificates, documents etc., be kept at M/s. Aarthi Consultants Pvt Ltd, Hyderabad, on or before February 14, 2008 instead of being kept at M/s. Bigshare Services Pvt Ltd, Hyderabad. (As Per BSE Announcement Website Dated on 16/11/2007) Cambridge Technology Enterprises Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on December 08, 2007, inter alia, have accorded to the following: 1. To create, offer, issue & allot upto 42,50,000 Equity Warrants convertible into 42,50,000 equity shares on preferential basis, of Rs 10/- each at price of Rs 55/- per share, for cash consideration (inclusive of premium of Rs 45/- per share) being the price which is in accordance with the SEBI Guidelines for preferential issues aggregating to Rs 23,37,50,000/- (equivalent to USD 5,952,380.95) and which can be convertible into equity shares with in a period not exceeding eighteen months (18 months) from the date of allotment of Equity Warrants in accordance with SEBI (DIP) Guidelines to the following allottee(s) as detailed herein below: a. Rosebury Investmen Pte Ltd (Non Promoter): 19,50,000 no of equity warrants to be allotted b. Prime Genius Investments Pte Ltd (Non Promoter): 23,00,000 no of equity warrants to be allotted 2. To keep the Register of Members, indexes, returns, copies of certificates, documents etc., at M/s. Aarthi Consultants Pvt Ltd, Hyderabad on or before February 14, 2008 instead of being kept at M/s. Bigshare Services Pvt Ltd., Hyderabad and they shall remain open for inspection during business hours of the Company from 9.30 a.m. to 4.30 p.m. except Saturdays. (As per BSE Announcement Website dated on 18/12/2007) 

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Financial Tech. 3,640.52 13.70 1.48 5.75 11.6 10.6 0.21
Mindtree 3,347.38 10.45 2.55 7.59 29.8 36.1 0.03
Hexaware Tech. 2,275.71 8.24 2.31 6.54 31.0 35.9 0.00
KPIT Infosys. 2,057.48 19.70 2.32 10.09 12.5 15.1 0.20
Persistent Sys 2,026.00 11.60 2.01 6.98 19.7 26.5 0.00
Infotech Enterp. 1,872.76 10.09 1.61 4.81 16.3 22.2 0.00
eClerx Services 1,843.34 12.71 5.49 9.52 55.3 67.8 0.00
Pine Animation 1,779.44 0.00 50.75 0.00 0.0 0.0 0.05
NIIT Tech. 1,577.49 9.40 2.05 8.04 18.6 27.1 0.01
Cressanda Solns. 1,427.07 0.00 66.49 0.00 0.0 0.0 12.96
TCS e-Serve 1,189.53 2.32 0.56 0.00 26.9 39.0 0.00
Turbotech Engg. 1,079.40 0.00 45.89 0.00 0.0 0.0 0.11
Zensar Tech. 1,070.60 8.81 2.10 4.58 24.1 34.3 0.00
Rolta India 960.72 2.79 0.39 3.81 13.7 12.0 0.62
Accelya Kale 716.90 10.94 6.71 3.16 26.7 38.0 0.00

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Key Information

Key Executives:

D R R Swaroop , Whole-time Director  

Stefan Hetges , Whole Time Director & CEO  

V Ramana Reddy , Company Secretary  

Anand Mullipudi , Additional Director  


Company Head Office / Quarters:
Plot 8-2-269/A/2/1 to 6 1st Fl,
Cyber Spazio Banjara Hills,
Hyderabad,
Andhra Pradesh-500033
Phone : 91-40-40234400
Fax : 91-40-40234600
E-mail :
Web : http://
Registrars:
Aarthi Consultants Pvt Ltd
1-2-285 Domalguda


Hyderabad - 500 029

Fund Holding

 
Scheme Name No. of Shares
No data found

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