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Swiss Military Consumer Goods Ltd logo

Swiss Military Consumer Goods Ltd

NSE: NETWORK BSE: 523558

₹16.19

(4.99%)

Thu, 26 Mar 2026, 10:41 pm

Company History

1987

  • The installed capacity of ETW plant was 6000 units.
  • The Company entered into a technology transfer agreement with Medison Co. Ltd., S. Korea for technical information and patents relating to diagnostic equipment.

1988

  • The installed capacity of ETW plant increased to 25,000 units.
  • The installed capacity of ribbons increased from 8 lakh numbers of cartridges to 16 lakh nos.

1989

  • The company was incorporated and registered under the Companies Act 1956.
  • Network Ltd., was promoted by Shiv Nadar and A.K. Dang.
  • The Company acquired the whole business together with the assets and liabilities of Indian Communications Network Ltd. and its subsidiary Indian Network Systems Ltd.
  • The installed capacity of ETW plant increased from 6000 units to 25,000 units.
  • The Company has collaboration agreement with Canon Inc., Japan for licence and technology to manufacture ETWs.

1990

  • The Company proposed to open an office at Moscow.
  • A new range of ETWs under the brand name Lasernet were launched.
  • 7 shares subscribed for by signatories to the Memorandum of Association.
  • 51,00,000 shares allotted without payment in cash to shareholders of Indian communication Network, Ltd. as per scheme of Amalgamation.

1991

  • The Company launched Nevus an ultrasound diagnostic scanner.
  • RBI's permission was obtained to enter into collaboration with Canon Inc., Japan for the manufacture of Facsimile machines.
  • The Company launched a range of five facsimile machines.
  • 13,44,000 shares allotted in part conversion of debentures.

1992

  • Three additional models of electronic typewriters under a new brand name Lasernet were launched.
  • The Company issued 6,72,000 - 15% secured redeemable partly convertible debentures.
  • Rs.45 of the face value of each debenture was to be converted into two equity shares.

1993

  • Office automation segment launched a range of high quality computer printers.
  • A high powered portable notebook computer with an in-built bubble jet printer was launched.
  • The Company undertook to manufacture and sell Medical Diagnostic Equipment such as Ultrasound Scanners.

1994

  • Canon QS series of electronic typewriters and faxes in alliance with Col-Comp Inc., Taiwan were launched.
  • The Company introduced Fresh N Air purifier.
  • The Company proposed to enter into the Telecom Services areas.
  • The Company entered into a joint venture agreement with Pieker International Inc. of USA to form a company viz. Network Pieker Ltd.

2000

  • Network Solutions floated a joint venture company in partnership with Opus Software Solutions.

2006

  • Network enters into MoU with SWISS MILITARY

2007

  • Network Ltd has signed an agreement with HANOWA LTD of Switzerland as Sole Distributor for Watches in Indian Domestic Market.

2009

  • Mr. G S Goyal has been appointed as an Additional Director of the Company w.e.f. June 30, 2009.

2010

  • Mr. Aman Sawhney has been appointed as an additional director of the company w.e.f. May 17, 2010.

2014

  • The registered office of the Company has been changed from W-41, Okhla Industrial Area, Phase-ll, New Delhi-110020 to W-39, Okhla Industrial Area, Phase-ll, New Delhi-110020, with effect from July 19, 2014.

2020

  • Company name has changed to Swiss Military Consumer Goods Ltd. from Network Ltd..

2021

  • Company issued rights shares of Rs. 2 in the ratio of 1:1 at par.

2022

  • Company issued rights shares of Rs. 2 in the ratio of 1:1 at a premium of Rs. 2.5 per share.

2024

  • The company issued rights shares of Rs. 2 in the ratio of 1:5 at a premium of Rs. 10.5 per share.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800