Company Background

Quantum Build-Tech Limited (formerly Quantum Softech limited) is a public limited company listed with Bombay Stock Exchange Limited (BSE) having a Paid up Share Capital of Rs. 25,06,56,300/-. Initially Mr.R.Vijayakumar & Associates promoted this company with the main object of Development of Computer Software and allied activities. The Company made public issue for Rs.1.66 Crores during the year 2000.

Initially the Company was able to develop few financial applications and exported these to USA & Europe, but could not sustain in the recession period from 2001 to 2003 and during this period the Company has incurred heavy losses and at this juncture, the present promoters (Mr.Punukollu Kodanda Rambabu & Smt.Kodali Vijayarani) have taken over the management control from the old Promoters by acquiring their shareholding in the company through SEBI takeover guidelines. After take over of the management control of the company, the present promoters has implemented construction projects in the company apart from continuing of software development & allied activities. The company name was altered as Quantum Build-Tech Limited with effect from 6 th October,2005 to reflect the activities of the company.

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