Equity Profile & Identity
The founders conceived a unique identity of MKCL as a fast-track IT enabler
The Government of Maharashtra (GoM), ten Universities in the state, Educational Institutions, Community Institutions, IT and non-IT industries etc. are among the initial major equity holders. With GoM's equity within a range of 26% to 37%, the company has a unique blend of government credibility and social responsibility on one hand and entrepreneurial competitiveness, market orientation, quality, flexibility, productivity, profitability and self-sustainability on the other.
The shareholding pattern of MKCL is as follows:
|Category||Percentage of total paid up capital||No. of Shares held|
|1||Higher & Technical Education Department , Government of Maharashtra||37.13 %||3000000|
|3||Educational Institutions||0.26 %||20925|
|4||Directors and their relatives||0.38 %||31000|
|5||Others including individuals||28.32 %||2288270|
The founders conceived a unique identity of MKCL as a fast-track IT enabler and a complimenting and supplementing partner of the Universities, Government and communities for the fulfillment of the new and growing aspirations of students in particular and people in general in the emerging knowledge society and knowledge-led economy of the twenty-first century.