Monotype India Ltd, established in 1974 and based in Calcutta, operates primarily in trading shares, financial services, and investment activities. Originally formed to take over Monotype U.K.'s Indian business, the company specializes in equipment for the printing industry, including hot metal typecasting machines and computerized information systems. Monotype India transitioned from a private to a public limited company in 1976, after acquiring Monotype U.K.'s Indian operations, partly through equity share allocation.
In 2015-16, Monotype India underwent a significant merger with six companies, including Mono Herbicides Limited and Lotus Financial Management Private Limited, as part of a Scheme of Arrangement. This merger was finalized in March 2015, resulting in the issuance of 68,66,36,929 new equity shares. This expansion reflects Monotype India's strategic growth and diversification within the financial and investment sectors.
