MEP Infrastructure Developers Share price

The Company was incorporated as MEP Toll Road Private Limited on August 8 2002 at Mumbai Maharashtra as a private limited company under the Companies Act 1956. The name of our Company was changed from MEP Toll Road Private Limited to MEP Infrastructure Developers Private Limited and a fresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies Mumbai to the Company on November 28 2011. Subsequently pursuant to a special resolution passed by the shareholders at an EGM held on August 19 2014 the name of the Company was changed from MEP Infrastructure Developers Private Limited to MEP Infrastructure Developers Limited and a fresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies Mumbai to the Company on September 8 2014.The Company was incorported on August 8 2002 with a paid-up capital of ` 100000. On December 2 2002 Ideal Road Builders Private Limited was alloted 990000 Equity Shares pursuant to which the Company became a subsidiary of Ideal Road Builders Private Limited. On June 8 2006 891000 Equity Shares held by Ideal Road Builders Private Limited were transferred to Jayant D. Mhaiskar. The details in this regard have been disclosed in the section ?Capital Structure? on page 81.The changes to the name of the Company were undertaken to align the name of the Company with the nature of business of the Company and upon conversion of the Company from a private limited company to a public limited company.Major events2002- We started collection of toll at the Mumbai Entry Points2009- We started collection of toll for the Rajiv Gandhi Sea Link project2010- We were awarded a toll collection contract in Rajasthan by RIDCOR for a period of five years2010- We obtained securitization of ` 21000 million for the Mumbai Entry Points Project2010- Our Company started toll collection pursuant to contracts with NHAI across multiple states in India2011- We acquired BTPL having a BOT project in Maharashtra for a consideration of ` 10.1 million2011 - 2012- We crossed ` 10000 million of toll and octroi collection revenue in a single financial year (financial year 2011-2012) for the first time2012- MEP ? IEPL consortium received award of the OMT project from NHAI being the Hyderabad ? Bangalore Project2012- We were awarded our first project by NHAI in Rajasthan for toll collection at the Paduna Toll Plaza2012- We launched Electronic Toll Collection at the Rajiv Gandhi Sea Link2013- We entered into a concession agreement with NHAI for the Chennai Bypass Project2013- We entered into a concession agreement with NHAI for the Madurai ? Kanyakumari Project in Tamil Nadu2013 -We were awarded the Vidyasagar Setu Project by HRBC2014-We were awarded the OMT project for maintenance of and collection of toll at the toll plaza at Bandra for the Rajiv Gandhi Sea Link in Mumbai Maharashtra by MSRDC2015-A consortium formed by our Company KENT Intelligent Transportation Systems India Private Limited and Vishwakarma Scales Private Limited which was awarded two projects by IHMCL by way of letters of award dated January 10 2015 and February 27 2015.