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Seshaasai Technologies was originally incorporated as ‘Seshasai Business Forms Private Limited’ at Mumbai as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated September 17, 1993, by the Registrar of Companies, Maharashtra at Mumbai (RoC). Pursuant to the Scheme of Arrangement approved by the National Company Law Tribunal vide order dated February 8, 2024 (Scheme of Arrangement), the company was converted from a private limited company to a public limited company and consequent upon conversion, the name of the company was changed to ‘Seshaasai Business Forms Limited’ and a certificate of change of name dated October 14, 2024, was issued by the RoC. The name of the company was further changed to ‘Seshaasai Technologies Limited’ as part of the corporate rebranding of the company to reflect the principal business being undertaken by the company in terms of the Scheme of Arrangement, and a fresh certificate of incorporation consequent upon change of name was issued to the company by the RoC on November 25, 2024.
It is a technology driven multi-location solutions provider focussed on offering payments solutions, and communications and fulfilment solutions catering primarily to the banking, financial services and insurance (BFSI) industry, with data security, and compliance at the core of its solutions. Solutions, that it offers at scale and on a recurring basis driven by its proprietary platforms, play a crucial role in enabling the operations and deliverables of the BFSI sector in India. It also offers Internet of Things (IoT) solutions to a diverse set of customers across industries.
Its business verticals comprise Payment Solutions, Communication and Fulfilment Solutions and IoT solutions. Under payment solutions, it offers a range of payment enabling instruments such as, debit cards, credit cards, pre-paid cards, mass transit cards and cheques. Under communications and fulfilment solutions, it offers secured omni-channel communication solutions such as print, interactive portable document format sent via email and text messages. Its IoT Solutions encompass a comprehensive range of radio frequency identification enabled offerings and IoT ecosystem services.
Also, it offers a range of payment enabling instruments on Indian and well recognized global payment schemes such as, debit cards, credit cards, pre-paid cards, mass transit cards and cheques. As part of its offerings, it designs and develops these instruments and securely embeds customers data onto them and send to end customers, either individually or packaged into specialised kits. Its patented QR technology helps to enhance security of instruments manufactured by it.
Business area of the company
The company is a technology driven multi-location solutions provider offering payments solutions, communications and fulfilment solutions and IoT solutions. It is primarily catering to the banking, financial services and insurance (BFSI) industry, with data security, and compliance at the core of its solutions.
Business verticals of the company
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