IL&FS Engineering and Construction Company Share price

The Company was incorporated as Satyam Constructions PrivateLimited on May 6 1988 under the Companies Act. It became a deemed public company with effect from July 1 1993 under Section 43A(1A) of the Companies Act and the word private was deleted from its name. The name of theCompany was changed to Maytas Infra Limited pursuant to a special resolution of the shareholders of the Company at an EGM held on May 6 1998. The fresh certificate of incorporation consequent upon the change of name was granted on June 1 1998 by the RoC. The Company became a private limited companyon May 7 2002 pursuant to Section 43A(2A) of the Companies Act and theword private was added to its name. Subsequently pursuant to a special resolutionof the shareholders of the Company at an extraordinary general meeting held onDecember 30 2006 the Company has become a public limited company and theword private has been deleted from its name. The certificate of incorporation to reflect the new name was issued on February 9 2007 by the RoC.The registered office of the Company was shifted with effect from December 22 1988from 5-9-12 2nd Floor Samrat Complex Saifabad Hyderabad 500 004 to 2nd FloorMayfair Trade Centre 1-8-303/34/1 S.P. Road Secunderabad 500 003 by a Board resolution dated December 15 1988. The registered office of the Company was shifted to 2nd FloorKPR House S.P. Road Secunderabad 500 003 by a Board resolution datedJuly 31 1995. The registered office of the Company was shifted with effect from June 30 1997 to 3rd Floor Gautam Towers S.P. Road Secunderabad 500 003 bya Board resolution dated June 25 1997. The registered office of the Company wasshifted with effect from August 17 1998 to 6-3-1186/5/A Beside Grand Kakatiya Hotel Somajiguda Hyderabad 500 082 by a Board resolution dated July22 1998. The registered office of the Company was shifted to 6-3-1186/5/A III Floor Amogh Plaza Begumpet Hyderabad 500 016 by a Board resolution dated November 24 1998.Major EventsDate Events1994 A joint venture was entered with Sri Shankaranarayana Construction Company and Trafalgar House Construction (Tunneling) U.K. which pre-qualified for the work of Muran dam and Tunnel of UIHP Orissa.1996 The Company obtained a Letter of Intent to set up a 330MW power plant at Peddapuram East Godavari District and a special purpose vehicle Gautami Power Limited was incorporated to execute this project.1998 In joint venture with IJM Corporation Bhd. Malaysia Mumbai-Pune Expressway (Section A) (13232 Kms) and the Chennai Bypass (Phase-I) projects were awarded.1999 In joint venture with Sri Shankaranarayana Construction Company Bangalore new works of Kalpong HE Project NHPCL Andaman and Nicobar Islands and Larji HE Project HPSEB were awarded.2001 In joint venture with Sri Shankaranarayana Construction Company Bangalore the Narmada Canal works were awarded.2002 The Company was awarded upgradation of the road project from Kalmala Junction to Sindhnur in a joint venture with NCC.The Company was awarded the contract for civil and hydro-mechanical works for Head Race Tunnel and associated works in Himachal Pradesh and entered into a joint venture HIMACHAL JV with Sri Shankaranarayana Construction Company and NCC.2003 The Company entered into a joint venture NCC-Maytas (JV) with NCC.The joint venture was awarded the Singapore Class Township at Pocharam from CESMASingapore.The Company was awarded an ISO 9001-2000 Certification by American Quality Assessors with effect from February 28 2003.The Compan received an award the Fastest Growing Construction Company - 1st Rank for the year 2003 from Construction World magazine.2004 The Company entered into a joint venture with Sri Shankaranarayana Construction Company and was awarded the construction of the Kumaradhara Pasupudhara Dams (with ancillary works) at Tirumala HillAndhra Pradesh. The Company incorporated a special purpose vehicle Brindavan Infrastructure Company Limited along with NCC and KMC Constructions Limited.2006 The Company received an award the Fastest Growing Construction Company 3rd Rank for the year2006 from Construction World magazine.2007 The Company entered into a memorandum of understanding with Dhabi Contracting Est. and established a joint venture company Dhabi Maytas Contracting LLC in United Arab Emirates.