Containe Technologies Expands Presence in Vehicle Tracking Device Manufacturing

1 min read     Updated on 10 Nov 2025, 01:50 PM
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Reviewed by
Shriram SScanX News Team
Overview

Containe Technologies Limited has been empanelled by Tamil Nadu's Commissionerate of Transport and Road Safety to manufacture AIS-140 compliant Vehicle Location Tracking Devices. The company is also being considered for empanelment and registration as a Vehicle Location Device manufacturer in Uttar Pradesh. These developments could expand Containe Technologies' market presence in two major Indian states, potentially boosting its competitive advantage in the vehicle tracking solutions sector.

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*this image is generated using AI for illustrative purposes only.

Containe Technologies Limited , a company specializing in vehicle tracking solutions, has announced significant developments in its business operations across multiple states in India.

Tamil Nadu Empanelment

Containe Technologies Limited has been empanelled by the Commissionerate of Transport and Road Safety, Gunidy, to manufacture AIS-140 compliant Vehicle Location Tracking Devices (VLTD) for the State of Tamil Nadu. This empanelment positions the company to supply tracking devices that meet regulatory compliance standards for the state's transportation sector.

Uttar Pradesh Consideration

In addition to its success in Tamil Nadu, Containe Technologies has also been considered for empanelment and registration as a Vehicle Location Device (VLD) manufacturer under the Uttar Pradesh Standard Operating Procedure (SOP) for Vehicle Location Devices (VLTDs).

Key Points of the Announcements

  • Tamil Nadu: Empanelled to manufacture AIS-140 compliant VLTDs
  • Uttar Pradesh: Considered for registration as a VLD manufacturer
  • Governing Bodies: Commissionerate of Transport and Road Safety, Gunidy (Tamil Nadu) and Government of Uttar Pradesh
  • Regulatory Frameworks: AIS-140 compliance (Tamil Nadu) and Uttar Pradesh SOP for VLTDs

These developments mark a potential expansion of Containe Technologies' market presence in two significant Indian states. The company's empanelment in Tamil Nadu and consideration for empanelment in Uttar Pradesh suggest a growing recognition of its capabilities in the vehicle tracking and location device sector.

Implications for Containe Technologies

The empanelment in Tamil Nadu and potential empanelment in Uttar Pradesh could have several positive implications for Containe Technologies:

  1. Market Expansion: Access to larger markets in both states
  2. Government Recognition: Enhanced credibility through government-approved status
  3. Competitive Advantage: Potential edge over non-empanelled competitors in these regions
  4. Diversification: Opportunity to serve different state-specific requirements

Regulatory Compliance

In line with its commitment to transparency and regulatory compliance, Containe Technologies has promptly disclosed this information to the Bombay Stock Exchange (BSE). The company's actions are in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

As the vehicle tracking and location device industry continues to grow, driven by increasing emphasis on safety and logistics efficiency, Containe Technologies' empanelment in Tamil Nadu and potential empanelment in Uttar Pradesh position it to capitalize on these market trends across multiple states.

Investors and stakeholders are advised to monitor further announcements from the company regarding the final outcome of the Uttar Pradesh empanelment process and its potential impact on Containe Technologies' business operations and financial performance.

Historical Stock Returns for Containe Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-3.52%-3.52%-11.40%-38.27%-72.81%+34.20%
Containe Technologies
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Containe Technologies Seeks Shareholder Approval to Double Authorized Share Capital

1 min read     Updated on 23 Jul 2025, 06:08 PM
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Reviewed by
Radhika SScanX News Team
Overview

Containe Technologies Limited's Board has approved a postal ballot notice seeking shareholder consent to increase the authorized share capital from Rs. 10 crore to Rs. 20 crore. The number of equity shares would double from 1 crore to 2 crore, maintaining a face value of Rs. 10 each. The board meeting on July 23, 2025, also appointed Mrs. Rashida Adenwala as the scrutinizer for the postal ballot process. This decision, initially approved on May 13, 2025, requires amendments to the company's Memorandum of Association.

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*this image is generated using AI for illustrative purposes only.

Containe Technologies Limited , a Hyderabad-based company, is taking steps to significantly expand its authorized share capital. The company's Board of Directors has approved a postal ballot notice to seek shareholder consent for doubling the authorized share capital from Rs. 10 crore to Rs. 20 crore.

Key Details of the Proposed Expansion

Item Current Proposed
Authorized Share Capital Rs. 10.00 crore Rs. 20.00 crore
Equity Shares 1.00 crore 2.00 crore
Share Value Rs. 10.00 each Rs. 10.00 each

Board Meeting Outcomes

The Board of Directors met on July 23, 2025, and approved the following actions:

  1. Issuance of a Postal Ballot Notice to obtain shareholder consent for the capital increase
  2. Appointment of Mrs. Rashida Adenwala, a Practicing Company Secretary (M. No. 4020), as the scrutinizer for conducting the postal ballot

Background and Process

  • The decision to increase the authorized share capital was initially approved by the board on May 13, 2025, subject to shareholder consent.
  • The increase in authorized share capital will require consequent amendments to the company's Memorandum of Association.
  • The postal ballot notice will be sent to shareholders and filed with the stock exchange in due course.

Company Information

Containe Technologies Limited is headquartered at 3-13-142 / 341P, 342, Gokul Nagar, Marriguda, Mallapur, Hyderabad. The company's Corporate Identification Number (CIN) is L72200TG2008PLC061063.

This move to increase the authorized share capital could potentially provide Containe Technologies with greater flexibility for future growth and capital raising activities. Shareholders will play a crucial role in determining the outcome of this proposed change through the upcoming postal ballot.

Historical Stock Returns for Containe Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-3.52%-3.52%-11.40%-38.27%-72.81%+34.20%
Containe Technologies
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