Melstar Information Technologies Ltd

Past performance
Performance overview
Melstar Information Technologies Ltd
About Melstar Information Technologies Ltd Melstar Information Technologies Ltd (MITL) is an Indian company founded in 1986, initially known as Sifa India Pvt. Ltd. It transitioned to a public limited company in 1994, focusing on electronic systems, IT consultancy, software development, and enterprise solutions. The company expanded into international markets, exporting software primarily to the USA, Italy, and Switzerland, and established a branch in London in 1998. Melstar Inc, based in the USA, is a subsidiary of MITL. MITL's growth strategy included acquisitions and mergers, such as the amalgamation with Melstar Industries in 1999 and the acquisition of Linkhand Ltd and Global System Development Inc. in 2000. Further expansion included subsidiaries in the UK, Germany, and Singapore. However, MITL also divested interests, such as reducing its stake in IDV Technology Solutions from 100% to 19% in 2016, indicating a dynamic approach to managing its portfolio and adapting to market conditions.
Website melstar.com
Founded 1986
Headquarters Mumbai