PARSVNATH DEVELOPER Share price

Our Company was incorporated on July 24 1990 under the Companies Act 1956 as Parsvnath Developers Limited. We obtained a certificate of commencement of business on November 20 1990. At the time of incorporation the registered office of our Company was situated at G-2 Arunachal Building 19 Barakhamba Road New Delhi 110 001. On March 1 2004 the registered office of our Company was changed to the 6th floor Arunachal Building 19 Barakhamba Road New Delhi 110 001 which is the present Registered Office of the Company.Major Events:July 1990 : Parsvnath Developers Limited was incorporated.March 2002 : Received DR3 ICRA-NAREDCO rating from ICRA Limited indicating moderate project development capacity. Parsvnath Developers Limited was the first real estate developer whose grading was published under by ICRA-NAREDCO.November 2002 : Received ISO 9001:2000 rating from the Internation Certifications Limited (?ICL?) in relation to the development construction and marketing of infrastructures.September 2005 : Received upgraded rating DR2- ICRA-NAREDCO rating from ICRA Limited indicating strong project development capacity.December 2005 : Received certificate from the ICL certifying compliance with the Environment Management System Standard ISO 14001.December 1997 August 2006 : Completed eight commercial projects in Uttar Pradesh Haryana and Delhi.January 2003August 2006 : Completed nine residential projects in Uttar Pradesh and Delhi.September 2004August 2006 : Secured ten concessions from the DMRC for the development of malls at metro stations.January 2006August 2006 : Secured acceptance of bid from the DMRC for one property development projects in Delhi.June 2006 : Our bid for the development of an integrated facility at Rajiv Gandhi Chandigarh Technology Park on 500960.80 square metres of land was accepted by the Chandigarh Housing Board.June 2006-August2006 : Received in-principle approval in relation to the development of nine SEZs.August 2006 : Received integrated management management system certification comprising of ISO 9001:2000 ISO 14001:2004 and OHSAS 18001:1999 certification from RINA in relation to design development construction and marketing of infrastructures.