Take Solutions Ltd Share Price

History of Take Solutions Ltd

Take Solutions Limited was incorporated on December 20, 2000. The Company has been promoted by a team of domain experts in the supply chain management sector of the software industry. TAKE Solutions delivers domain-intensive services and solutions in Life Sciences, Software and Information Technology. In the fast-growing Life Sciences space, the Company offers clients a unique combination of full-service Clinical, Regulatory and Safety services backed by unique technology expertise. Its global roster of clients includes large and small innovator biopharmaceutical companies as well as generics manufacturers. As of March 31, 2025, TAKE Solutions Pte Ltd owned 52.90% of the Company's equity share capital and has the ability to control its operating and financial policies. In Supply Chai ...n Management, TAKE through its subsidiaries focuses on niche engineering services, supply chain collaboration and product re-engineering. Its IP-led approach enables clients to automate supply chain processes, track, trace & control at item level, mandate supplier compliance, and streamline material & shipment movement, and thus optimize their processes. Pursuant to a Scheme of Amalgamation, a company namely, Millennium Infocomm Limited was merged with Company w.e.f. January 1, 2003 i.e. the Appointed Date and the Scheme of Amalgamation came into effect on February 23, 2004. On February 7 2003, the company has acquired the divisions/softwares of iStartWeb Private Limited and MSIPL. The division of iStartWeb Private Limited, dealt with BPM, workflow management, application and information integration. The division of MSIPL had capabilities in secondary sales management software. In December 2003, the company has acquired fifty-one (51%) of the equity share capital of Megatrends Limited but subsequently on April 5, 2005 the company has divested equity fully in Megatrends and this company ceased to be our subsidiary. On November 20, 2004, the company has incorporated a wholly owned Subsidiary in the Kingdom of Bahrain by the name of TAKE Solutions Gulf W.L.L. This Subsidiary has enabled to foray in the Middle East markets for marketing SCM suite of products. However, TAKE Solutions Gulf W.L.L. has now been voluntarily liquidated by the Company w.e.f. January 22, 2007. In the year 2004-2005, the company has developed a suite of products across the SCM vertical, which enabled to deliver customized business solutions and support services at shrink-wrap speeds to clients. In December 2005, the company has acquired majority stake in the equity of TAKE Inc. then a subsidiary company of TAKE Solutions Pte Limited (one of our Promoters). In March 2006, the company has acquired the entire shareholding of TAKE Inc. USA and thereby Company forayed into the US markets. The acquisition also added a new vertical i.e. the Life Sciences Space known as Life Sciences Technology Solutions' having a suite of products under the brand umbrella 'OneClinical'. In 2006, TAKE Inc launched the software product PharmaReady in the Life Sciences space. TAKE Inc. further has a subsidiary namely Applied Clinical Intelligence L.L.C. On 29th March 2006, the company has acquired 58.06% in the equity of Autopartsasia Private Limited, which is a 100% EOU in India. This acquisition enabled to extend SCM model in the automotive space of the industry. On 31st March 2006, the company has acquired 97.75% in the equity of Millennium Business Solutions (Sdn) Bhd., Malaysia from Millenium Business Solutions Private Limited, India. By way of this acquisition company has forayed into the South East Asian market for marketing SCM suite of products. The company has entered into a Shareholders Agreement dated June 1, 2006 with United Integrated Sdn Bhd, Malaysia for converting this company into a joint venture wherein Company shall hold fifty one percent (51%) equity capital and the rest will be held by United Integrated Sdn Bhd, Malaysia. Pursuant this agreement, the name of the company has been changed to TAKE United Sdn Bhd w.e.f. July 7, 2006. The conversion of the company into a joint venture has not yet been given effect to. The Company launched the IPO by issuing 2,100,000 equity shares of face value of Rs 10 each in August, 2007. In March 2007, the company has acquired the entire share capital of CMNK Consultancy & Services Private Limited. In June 2007, the company has acquired ClearOrbit Inc. USA, a Delaware Corporation; through USA based subsidiary TAKE Inc. ClearOrbit is now the wholly owned subsidiary of TAKE Solutions Inc. During FY 2015, TAKE 10 Solutions Private Limited, India was divested and TAKE Intellectual Properties Management Inc., USA was merged with its parent company Navitas Inc, USA. In FY18, TAKE launched an ICH E6 (R2) Readiness Assessment Framework to help industry players become proactively compliant with the latest requirements to run successful clinical trials. To augment its breadth of knowledge and deepen expertise, the Company initiated the institution of a Medical & Scientific Advisory Board. It further leveraged its domain knowledge and technology expertise to launch OneClinical, an eClinical platform to the market. OneClinical delivers near real-time, high-quality data and optimizes clinical trials. Proven across a variety of global trials, the platform offers short setup time with low fixed costs, and provides global accessibility with near real-time data analytics and visualizations. In FY 2018, the Engineering Services sub-vertical added another offering that enables compliance across the industry. The Green Check Software Platform helps companies assess their supply chains to ensure they meet the requirement of the Safe Drinking Water and Toxic Enforcement Act, also known as Proposition 65, of the State of California, USA. In FY 2017-18, TAKE invested in its infrastructure across geographies. The Company inaugurated a state-of-the-art, 80-bedded clinical facility in Chennai to cater the growing demand for high quality clinical trials. It expanded the facilities in Bangalore, Princeton and Bogota to take advantage of exciting market opportunities across Asia, Europe and North and South America. During Q4 FY 2018, one of the Supply Chain subsidiaries of the Company, Towell TAKE Investments LLC was disinvested. During the year, Company disposed its supply chain unit, TAKE Supply Chain in Austin USA held by Navitas Inc, a wholly owned subsidiary, to ESM Capital, LLC, USA on September 28, 2019, for a consideration of USD 3.25 million. The Company acquired two US based entities namely KAI Holdings Inc, a CRO & health research company and Dataceutics Holdings Inc, a specialty Clinical Functional Service provider for a consideration of USD 27 million and USD 45 million respectively in FY 2019.