Shreeshay Engineers Share price

HISTORY AND CERTAIN CORPORATE MATTERS The company was incorporated as Mohata Capital Services Private Limited on April 04 1995 under the Companies Act 1956 with the Registrar of Companies Mumbai.  Subsequently the name of the company was changed to Shreeshay Engineers Private Limited pursuant to a Fresh Certificate of Incorporation Consequent on Change of Name  dated April 18 2006 bearing registration number 087145 issued by the Assistant Registrar of Companies Mumbai. Pursuant to a resolution of the Board of Directors  dated November 03 2017 and Shareholders of the Company dated December 06 2017 the status of the companywas changed to public limited company and the name was  changed to Shreeshay Engineers Limited. A fresh certificate of incorporation consequent upon conversion was granted to the company on December 11 2017 by the Registrar  of Companies Mumbai.About The CompanyShreeshay Engineers Limited (SEL) is a real estate construction and engineering focused solutions company. the companyhas developed around 90000 sq. ft. of built up  real estate vide project(s) named “Kailas Jyoti I” and “Kailas Jyoti II” at Ghatkopar Mumbai. Over the last few years; the companyhas been realigning its business  policies and recently we have increased our focus towards becoming the “EPC” arm of the group; with a view to develop a strong execution track record and goodwill in  this segment. “EPC” stands for “Engineering” “Procurement” and “Construction”. We will provide supply of materials designing and contracting capabilities as well as  construction project management services. We intend to leverage our management capabilities as well as group goodwill and become a real estate focused “EPC” player who  can become a strong financing as well as technical partner to “real estate” developers hence allowing them to concentrate on “core capabilities” such as sales  liasoning land acquisitions etc. Further since the companyis part of the DKP Group which has large presence in the real estate market in and around Mumbai we believe  being an “EPC” focused business line will help garner sustainable business due to group synergy and going forward we will be able to leverage this experience to take  EPC orders from other players in the Industry.Company have recently entered into works contract for construction of real estate project “Kailas Nagar”.MAJOR EVENTS:1995- Incorporated under Companies Act 1956 as ‘Mohata Capital Services Private Limited’2006- Change of name from ‘Mohata Capital Services Private Limited’ to ‘Shreeshay Engineers Private Limited’ and alteration of Object Clause of Memorandum of Association  vide Special Resolution dated August 08 2005- Completed construction of Phase I of Kailas Jyoti2007- Completed construction of Phase II of Kailas Jyoti- Entered into Works Contract Agreement with ‘DKP Designers and Creators Private Limited’ for construction of the property at Ghatkopar East Mumbai bearing final plot  no. 23 TPS III admeasuring approx 71105 Sq. ft by utilizing full FSI and TDR as per the plans and specification provided by the Developers- Converted into a Public Limited Company and name of the companywas changed to ‘Shreeshay Engineers Limited'