Unique Equity Profile & Distinctive Identity
The Government of Maharashtra (GoM), ten Universities in the state, Educational Institutions, Community Institutions, IT and non-IT industires 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 entrepreneruial competitiveness, market orientation, quality, flexibility, productivity, profitability and self sustainabiity on the other.The shareholding pattern of MKCL is as follows:
| Sr.No. | Category | No. of Shares held | Percentage of total paid up capital |
|---|---|---|---|
1
|
Department of Higher & Technical Education, Government of Maharashtra
|
3000000
|
37.13
|
2
|
Universities
|
2740000
|
33.91
|
3
|
Educational Institutions
|
20925
|
0.26
|
4
|
Directors and their relatives
|
31000
|
0.38
|
5
|
Others including individuals
|
2288270
|
28.32
|
.
|
Total
|
8080195
|
100.00
|
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.
