Typhoon Holdings Ltd (THL) was originally incorporated on 11th April, 1985 , at Mumbai, Maharashtra State, under the Companies Act, 1956 in the name and style “Jatin Trading and Finance Ltd.” The name of the Company was changed to Rajashree Syntex Limited vide Special Resolution adopted by members of the Company in their general meeting held on 6th October 1988 and fresh certificate to this effect was issued by the Registrar of Companies, Maharashtra on 1st November, 1988. The name was further changed to Typhoon Holdings Ltd., vide Special Resolution adopted by members in their General Meeting held on 30.09.2002 and fresh certificate issued by Registrar of Companies, Maharashtra on 26th November 2002. THL made its maiden public issue in November 1985 and got its Equity Shares listed at the Stock Exchange, Mumbai.

The Registered Office and principal place of business of THL is situated at Podar Chambers,109, S A Brelvi Road, Fort, Mumbai 400 001, Ph. Nos. (022) 2266 4070, 2266 4032 Fax No. (022) 2266 3845.

THL was originally promoted by M/s. Kailash Chandra Gupta, Ravi Kumar Ghosh and Rajendra Kumar Linga. In the year 2001, Lotus Consulting (Mauritius) Ltd., acquired 1,20,500 Equity Shares, through a Share Purchase Agreement and 2,29,500 Equity Shares through Open Offer under SEBI(SAST) Regulations . Thus the aggregate number of Equity Shares acquired by them was 3,50,000 Equity Shares, representing 70% of the Issued, subscribed and paid up capital of THL. This was followed by change in control in favor of Lotus Consulting (Mauritius) Ltd. Thus, the control of the Company is at present vested with Lotus Consulting (Mauritius) Ltd. Lotus Consulting (Mauritius) Ltd., is a wholly owned subsidiary of Lotus Consulting (BVI) Ltd., a Company incorporated on March 12, 1998 in British Virgin Islands. They are engaged in investment activities and is promoted by Mr. Paul John Pheby.

THL has, as its main objects, carrying on business as Exporters, Importers, retailers, merchants, acting as agents, distributors and stockiest, carrying on the business of financing, setting up of 100% EOU for undertaking Development of Computer Software and Consultancy, Internet related services and all Information technology related activities. In the year 2004-05, THL has carried out trading activity in Shares.

THL was engaged in Textile business till 2002. It discontinued the activity and since then, is engaged in consultancy related to Computer hardware and software. THL had carried some trading activity in commodities in 2003-04 & trading in Shares in the year 2004-05.

In 2005, Smt. Kajal Shah made an an open Offer to the public Shareholders( i.e. Shareholders other than the Acquirer and parties to the Agreement) of Typhoon Holdings Limited, to acquire 1,00,000 Equity Shares of Rs 10/- each, representing 20.00% of issued, subscribed and paid up Capital of THL, at a price of Rs.12/50 (Rupees Twelve Ps. Fifty Only) per Equity Share fully paid up (“the Offer Price”), payable in cash.