CAMBRIDGE TECH ENTER LTD Share price

Cambridge Technology Enterprises Limited was originally incorporated on 28 January, 1999 as 'Unique Solutions (India) Private Limited' at Hyderabad, Andhra Pradesh. The name of the Company was changed to 'Cell Exchange (India) Private Limited' on January 21, 2003 and subsequently to 'Cambridge Technology Enterprises Private Limited' on 12 March, 2004 which was reverted back to its old name i.e. Cell Exchange (India) Private Limited on 22 July, 2004 and on 16 March, 2005 the name was changed to Cambridge Technology Enterprises Private Limited. Thereafter the status of the Company was converted into a Public Company and the Registrar of Companies, Andhra Pradesh had issued a fresh Certificate of Incorporation on such conversion on March 31, 2006 to the present name 'Cambridge Technology Enterprises Limited'. The Company primarily operates in the software development. Company is a global business & technology services company. Technology services help businesses to establish a critical foundation into digital and AI transformation through strategic workshops and assessments, ready-to-deploy solutions, R & D implementation cycles. Today, Company is a preferred AI consultants for some of the biggest Fortune 100 companies, helping them accelerate transformation journeys and become Al-first businesses. In an era overwhelmed by the next best tech solution, Company cut the superfluous and work shoulder-to-shoulder with its partners to embed intelligence where it matters the most with advanced analytics, continuous learning, and state-of-the-art integrations. It help the world's leading enterprises solve their biggest and most complex operational challenges by embedding A.I. into everyday business processes. Bringing AI sophistication into real-world application, it help enterprises use Generative AI to increase efficiencies, elevate experiences, and refine decision-making. Extracting valuable insights from visual inputs, it help enterprises deploy advanced computer vision algorithms and deep learning models boosting process efficiencies. It help enterprises bring life to the latest research in machine learning, accelerating time to value, boosting interoperability, and fueling operational efficiencies and innovation. During the year 2009-10, 100% of the shareholding in CTE Global Solutions Private Limited (formerly known as ComCreation Technologies Private Limited) was sold off at book value / net asset value to Tejesh Kumar Kodali and MNA Infrastructure Private Limited after transferring all business contracts and delivery infrastructure to CTEL, Bangalore branch. The subsidiaries, Reilly and Associates Inc., ComCreation Inc., and Cell Exchange Inc., USA got merged with Cambridge Technology Enterprises Inc., USA. in 2011. In July' 11, Company launched 'The University of Cloud (UoC)', in partnership with Q-Soft. During year 2012-13, the Company made a petition with the High Court of Karnataka which envisaged merger between Company and its wholly owned subsidiary Cambridge Technology India Private Limited (CTIPL), Bangalore, effective from 1st April, 2012. Cambridge Technology Inc USA. was incorporated as new subsidiary to the Company during year 2014-15. Cambridge Technology India Private Limited ceased to be Subsidiary of Company during 2014-15. During the year 2015-16, two new companies got incorporated as subsidiaries to Cambridge Technology Enterprises Ltd viz., Cambridge Technology Investments Pte. Ltd., Singapore and Cambridge Bizserve Private Limited, India. A subsidiary and a step-down subsidiary to Cambridge Technology Enterprises Ltd were incorporated viz., Cambridge innovations Private Ltd., India and Cambridge Innovations Capital LLC, USA respectively during FY 2016-17. During FY 2017-18, a new entity was incorporated as a step-down subsidiary to Cambridge Technology Enterprises Ltd viz., Cambridge Bizserve Inc., Philippines, a subsidiary of Cambridge Technology Inc., USA, a wholly - owned subsidiary to company. M/s Kupfer Management Pte Limited, Singapore, ceased to be Step - down Subsidiary of the Company during the year 2019. Cambridge Bizserve Private Limited & Cambridge Innovations Private Limited ceased to be Subsidiaries of the Company during the financial year 2019-20 and M/s Cloud Computing Global Pte. Ltd., Singapore ceased to be Step-down Subsidiary of the Company in April 2020. Cambridge Technology Investments Pte. Ltd., Singapore, wholly owned subsidiary of the company has set-up a wholly owned subsidiary in Malaysia by name CT Software Solutions Sdn. Bhd. during the year 2020-21. Cambridge Technology Investments Pte. Ltd., Singapore has subscribed towards 50 shares in Joint Venture Company named ECD CTL Pte. Ltd., which amounts to 50% interest in Joint Venture entity during FY 2019-20, and ECD CTL Pte. Ltd., ceased to be step down Joint Venture of the company during 2020-21. FA Software Services Private Limited was made a Subsidiary of the Company upon the acquisition of 80% of voting rights/equity shares of FA Software Services Private Limited in 2023. Similarly, CTE Web Apps Private Limited was incorporated as Wholly Owned Subsidiary during the period ended March 31, 2023. The Company incorporated a wholly owned subsidiary under the name 'N2T1 AI Solutions Private Limited' on April 21, 2024. Apart from these, Company help create custom apps that drive personalization, engagement, user experiences and increase time-to-market. Infrastructure and Cloud Services - Fast track digital transformation and migration with services that cover the entire IT infrastructure stack with AI and automation. It modernize client IT infrastructure by designing, managing, migrating, and monitoring them better with the agile and DevOps processes. It get complete compliance and governance support for accurate infrastructure and cloud deployment across all environments, embedding best practices and business continuity. It make client's cloud accessible, scalable, agile, efficient, reliable, secure, and flexible with 24/7 global cloud management services, including private or public cloud like AWS, Google, or Microsoft Azure.