January 23, 2018 7:55 AM ET

IT Services

Company Overview of Taksheel Solutions Limited

Company Overview

Taksheel Solutions Limited, an information technology (IT) solutions company, provides technology solutions and services for the enterprises engaged in finance, IT, and telecom sectors. The company operates in the Wealth Management Solutions; Telecom and Managed Services; Information Technology Services; and Governance, Risk, and Compliance Services segments. It offers wealth management solutions in the areas of CRM/contact management, account aggregation, client prospecting/sales, financial planning and advice, PM accounting/reporting, compliance, and document/data repository to banks, asset and investment managers, brokerage houses, insurance companies, hedge funds, trusts, and family offi...

Office No: 610

6th Floor

Mittal Commercia, Mathradas Road

Andheri-East

Mumbai,  400059

India

Founded in 1999

Key Executives for Taksheel Solutions Limited

Chairman and Managing Director
Age: 49
Vice President of Technology
Chief Manager of Treasury
Age: 41
Vice President of Human Resources
Age: 47
Vice President of Business Development
Compensation as of Fiscal Year 2017.

Taksheel Solutions Limited Key Developments

Taksheel Solutions Ltd To Be Delisted From BSE, Effective August 23, 2017

Trading Members of the Bombay Stock Exchange (“BSE”) are hereby informed that the Taksheel Solutions Ltd that has been compulsorily delisted by NSE, would be delisted from the platform of the Exchange, with effect from August 23, 2017 pursuant to order of the Delisting Committee of the Exchange in terms of Section 21(2)(b) of the Securities Contracts (Regulation) Rules 1957 (“Regulations”). Section 21(2) (b) of the Securities Contracts (Regulation) Rules 1957, states that “If the securities is delisted under clause (1), the said securities shall be delisted from all recognized stock exchanges”. As per SEBI Delisting Regulations, 2009 the following consequences of compulsory delisting would apply to the said company: The securities of the company would cease to be listed and therefore not be available for trading on the platform of the Exchange. Promoters of the company will be required to purchase the shares from the public shareholders as per the fair value determined by the independent valuer appointed by the Exchange, as mentioned in the Public Notice to be issued shortly. Further, in terms of Regulation 24 of Delisting Regulations, the delisted company, its whole-time directors, promoters and group companies shall be debarred from accessing the securities market for a period of 10 years from the date of compulsory delisting. As per SEBI circular no. SEBI/HO/CFD/DCR/CIR/P/2016/81 dated September 7, 2016, till the time promoters of the Company provide an exit option to the public shareholders in terms of value determined by the valuer, the following consequences of compulsory delisting would also apply: Non-transferability of any of equity shares by the Company, by way of sale, pledge, etc., of any of the equity shares; Freezing of equity shares and corporate benefits thereof held by the promoters/ promoter group; The promoters and whole-time directors of the Company shall not be eligible to become directors of any listed company. Further, the company would be moved to the Dissemination Board of the Exchange for a period of 5 years as advised by SEBI.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
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