MANAS PROPERTIES Share price

The Company was incorporated as Manas Properties Private Limited on November 2 2004 under the Companies Act 1956 with the Registrar of Companies Mumbai bearing Registration No. 149362. The status of The Company was changed to a public limited company by a special resolution passed on December 24 2016. A fresh Certificate of Incorporation consequent upon conversion of Company to Manas Properties Limited was issued on January 5 2017 by the Registrar of Companies Mumbai. The Company’s Corporate Identity Number is U70100MH2004PLC149362.The Company Manas Properties Limited represents the leasing and marketing foray of the DLH group. It is primarily into the business of owning properties leasing / letting it out to The clients and earning lease rentals / license fees as consideration. In addition to this The company also conducts marketing/ consultancy activities on behalf of the DLH Group for supporting its sales activities in return of a commission fixed as a percentage of the sale consideration.The company has a team of dedicated personnel carrying on marketing/ consultancy activities for the DLH Group. DLH is engaged in the construction buying and selling of commercial and residential properties and has so far constructed various projects in Mumbai. To boost the sales and marketing activities of the DLH group The company is conducting marketing/consultancy activities in return for commission as a consideration for conducting such activities.Major Events2004 - Incorporated under Companies Act 1956 as Manas Properties Private Limited2005 - Acquired its 1st land parcel located at Juhu Tara Road Mumbai2011 - Entered into its 1st Lease Agreement and Amenities Agreement with Junobo Club Private Limited for the lease of property2012 - Entered into supplementary lease agreement with Junobo Hotels Private Limited2015 -2016 - Commenced the business of Real Estate Marketing and Consultancy2016 - Entered into Real Estate Marketing and Consultancy Agreement with developers2017 - Changed the status of The Company from Private to Public i.e. to Manas Properties Limited.