The Company was incorporated as Man Construction Private Limited on August 16 2002. The name was changed to "Man Construction Limited" on July 15 2004 reflecting the change in the constitution of the Company from a private limited company to a public limited company under the Companies Act 1956. The name was further changed to "Man Infraconstruction Limited" on November 3 2006 pursuant to a special resolution of the shareholders of the Company at an extraordinary general meeting held on September 18 2006 to reflect the change in the primary business focus of the Company. The fresh certificate of incorporation consequent upon the change of name was granted on November 3 2006 by the RoC. Major Events: Date Events August 16 2002 Man Construction Private Limited was incorporated. July 15 2004 The name of Man Construction Private Limited was changed to Man Construction Limited reflecting the change in the constitution of the Company from a private limited company to a public limited company under the Companies Act 1956. May 12 2006 Pathare Real Estate and Developers Limited became a 100% subsidiary of the Company. June 1 2006 Pathare Real Estate and Developers Limited a wholly owned subsidiary merged with and into the Company. August 23 2006 The Company signed an MoU with Neelkanth Mansions and Infrastructure Limited for ?most-favored customer. September 19 2006 Man Infraproject Limited became a subsidiary of the Company. November 3 2006 The name of the Company was changed from Man Construction Limited to Man Infraconstruction Limited to reflect the change in the primary business focus of the Company. November 9 2006 Man Infraproject Limited became a 100% subsidiary of the Company. November 29 2006 The Company signed an MoU with Dynamix Group of Companies for ?most-favored customer?. December 1 2006 Man Infraproject Limited a wholly owned subsidiary of the Company merged with and into the Company effective December 1 2006. August 30 2007 Man Projects Limited was acquired as a subsidiary of the Company. August 14 2008 The Company and the Promoters entered into a Share Subscription Share Purchase and Shareholders? Agreement with SA 1 Holding Infrastructure Company Private Limited pursuant to which SA 1 Holding subscribed to 1800000 Equity Shares and purchased a further 900000 Equity Shares from Mrs. Indira K. Shah. February 16 2009 The Company and the Promoters entered into a Share Subscription Share Purchase and Shareholders? Agreement with SA1 Holding Standard Chartered Private Equity (Mauritius) II Limited and Standard Chartered Private Equity (Mauritius) III Limited pursuant to which SCPE II subscribed to 500000 Equity Shares and SCPE III purchased 950000 Equity Shares from Mrs. Indira K. Shah. March 24 2009 Man Ajwani Infraconstruction Limited was incorporated as a subsidiary of the Company pursuant to a memorandum of understanding with Ajwani Infrastructure Private Limited. October 1 2009 Man Nirmal Infraconstruction Limited was incorporated as a subsidiary of the Company. Our operations have been conducted through entities comprising Man Projects Limited and Man Ajwani nfraconstruction Limited our subsidiary companies and the Company. As at the date of this Red Herring Prospectus the total number of holders of the Equity Shares is 216.
Name | Position |
---|---|
Mr. Parag Shah | Chairman Emeritus |
Mr. Berjis Desai | Chairman & Non-Exe.Director |
Mr. Manan Shah | Managing Director |
Mr. Ashok M Mehta | WholeTime Director & CFO |
Ms. Kavita Upadhyay | Independent Director |