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KELLTONTEC

Small Cap | IT - Software

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About Kellton Tech Solutions

VFM Soft Tech Ltd formerly known as Vasanthi Marine Foods Limited is a Company with its Registered Office at Hyderabad, was incorporated on 31st December, 1993 as a Public Limited Company and certificate of commencement of business was obtained on 1.6.94. The Aqua farm of the Company is situated at Adavigramam, Bapatla Mandal, Guntur at, Andhra Pradesh. The Company is proposing to undertake shrimp culture. The Company aims to produce export quality shrimps through semi-intensive culture in an area of 50 hectares of water spread area. The pilot project of 9 hectares of water spread area was started in Feb.1994, and commercial production has commenced from August, 1994. The Company has taken all necessary steps to ensure that there is no ecological imbalance. The Company has planned proper waster management systems by installing an effluent treatment plant for treating used water from tanks before releasing into the sea. The seepage of sea water from the ponds to the mainland is totally contained by using plastic sheets in bunds. This prevents sea water from entering into other lands. In 1996-97, the company stocked the seed in 14 ponds and started the fresh crop in middle of Jun, 97. During the year 1999-2000, the company's income rose substantially to Rs.415.30 lakhs as compared to Rs.60.57 lakhs in the previous year i.e an increase of 6.85 times. The company has developed and executed a number of software development projects and assignments for its clients based in US and India like designing and developing E-commerce enabled web sites for Lawn Garden, Inc. and Nakloo.com. Designing, development and implementation of Port Information System for Asia's largest ship breaking yard - Alang in Gujarat, etc. The company has also launched a separate subsidiary company viz, VMF Netventures Ltd to handle its portal business and has also signed an agreement with Medical Communications Systems (MCS) Inc based in Massachusetts - USA to take controlling stake of the company's business.

Parent Organisation
Indian Private
Managing Director
Niranjan Reddy Chintam
Founded
1993
NSE Symbol
KELLTONTEC

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10th July 2024
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10th July 2024
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Kellton Tech Solutions Ltd FAQs

Kellton Tech Solutions Ltd (KELLTONTEC) share price as of July 24, 2024, on NSE is Rs 163.75 (NSE) and Rs 163.75 (BSE) on BSE.
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