Monotype India Ltd Share Price

(505343)

Monytype India was incorporated on 30th September 1974 and was converted from a private limited company to a public limited company on 23rd October 1976. The company was formed to take over the business of Monotype U.K. in India, which involves the manufacture, import, and sales of Monotype hot metal typecasting machines, Monophoto filmsetting machines, Monotype computerized information systems, Lithotex process cameras, Lithoprintex step and repeat machines, Lithotex powerless etching machines, and ancillary Lithotex platemaking equipment. For the purchase consideration, equity shares of the company worth Rs. 10.80 lakhs were allotted to Monotype U.K. and the balance of Rs. 17.53 lakhs was to be paid by Monytype India without interest over a period of two years from transfer.