PBA INFRASTRUCTURE Share price

HISTORY OF THE COMPANYPBA Infrastructure was incorporated as Prakash Building Associates Limited on 31/07/1974 under Companies Act 1956. The name of the company was changed to PBA Infrastructure Ltd. w.e.f. 28/03/2001.The Company is engaged in execution of civil engineering projects and specializes in construction of Highways Dams Runways and heavy RCC structures Bridges and other infrastructure Projects in all parts of India for its various clients.PBA Infrastructure was promoted by Shri Roshanlal Wadhawan Shri. Shadilal Chopra and Smt. Vimal Wadhawan the year 1974. Mr. Ramalal Wadhawan son of Shri Roshanlal Wadhawan joined the company in the year 1998 as a Managing Director. Presently he is the Chairman and the Managing Director of PBA. His leadership led to improved systems of projects and financial management investments in the most modern fleet of machineries/equipments for mega projects and a relentless pursuit of excellence in the quality of project construction and engineering. He took initiatives to drive the company towards professionalism. He is exercising overall control and supervision over various activities of the company under the overall policyguidelines of Board of Directors.MILESTONES ACHIEVEDDate Event 1976 Awarded Reclamation work of Bandra Kurla Complex for MMRDA by Municipal Corporation of Greater Mumbai and also Reclamation work for CIDCO Ltd.1977 Construction of Kalwa - Kasheli Bridge for Maharashtra PWD.1978 Construction of Bhira Tunnel for irrigation Department of Government of Maharashtra. 1979 Awarded the work of construction of 13C & 14C tunnel for Central Railways 1982 Awarded prestigious Civil Works Contact of Panjrapur Filtration Plant by Municipal Corporation of Greater Mumbai.1983 Awarded the work of Construction of Store-yard at Panjrapur.1985 Successfully completed the Panjrapur Filtration Plant.1986 Awarded the work of Construction of School Building at Panvel worth Rs. 25.00 lacs.1987 Awarded the work of Construction of Core Units and other Services at Koparkhairane worth Rs. 516.00 lacks for CIDCO Ltd. Also awarded the work of Construction of underground cable duct for MTNL worth Rs. 185 lacs.1988 Awarded the work of Strengthening of Main Runway 09/27 at Mumbai Airport by IAA worth Rs. 260 lacs. 1989 Awarded the work of "construction of Panjrapur Pumping Station by the Municipal Corporation of Greater Mumbai worth Rs. 765 lacs.1991 Awarded the work of "Concreting of City Roads" for Municipal Corporation of Greater Mumbai worth Rs. 223 lacks. Also awarded the work of improvement to Nagpur-Umred-Kanpa Road Km3/400 to 73/400 for World Bank Project Division worth Rs. 2914 lacs.1993 Awarded the work of Resurfacing of Lucknow Airport and Strengthening of Ranchi Airport by National Airports Authority worth Rs. 289 lacs and Rs. 594 lacs respectively.1994 Successfully completed the work of Widening and Strengthening of Panvel-Mahad-Panjim Road worth Rs. 370 lacs. The work of Construction of Bypass outside Jalna City was awarded by Govt. of Maharashtra Special Projects. PWD at a contract price of Rs. 1137 lacs.1995 Awarded the work of Construction of Addl. Two lanes of Ring Road at Nagpur City worth Rs. 1190 lacs. 1996 Awarded the work of Construction of Asphalt Pavement outside the Container gate complex by JNPT worth Rs.79 lacs. The work of improvement to Roha-Kolad Road SH-60 also awarded by PWD worth Rs.128 lacs.1997 Awarded the work of improvements to Jalna Watur Partur Road Km.115 to Km. 120 by the PWD worth Rs. 143 lacs. Also awarded the work of improvement to Khultabad-Phulambri Road by PWD worth Rs.678 lacs. 1998 Improvement to Solapur-Dhule Road MSH-1 KM.140/00 TO 221/800 to National Highway standard was awarded by the Executive Engineer Special Project Division Beed at a Tendered Cost of Rs. 1160 lacs.1999 Awarded the work of Widening to Four Lanes of existing two lane of NH8A from Bhachau to Padana in Gujarat by NHAI in joint Venture with PC & EC. Also awarded the work of Construction of Mumbai-Pune Road worth Rs. 10515 lacs in joint venture with PC & EC by MSRDC. 2001 Awarded the work of Lucknow Bypass by NHAI worth Rs. 15900 lacs in joint venture with Atlanta Infrastructure Ltd. Also awarded the work of Udaipur-Mangalwar Section by NHAI worth Rs. 14900 lacs in joint venture with Sadbhav Engineering Co.2003 Awarded the work of Four Laning & Strengthening of existing two lane Km. 203.000 to Km. 233.600 of Madurai-Kanyakumari Section by NHAI worth Rs. 11025 lacs. This was the single major work awarded to the company in its individual capacity. The work of construction of four laning National Highway By-Pass Sringar (Package NS-30/J&K) by the Chief Engineer PW (R&B) Deptt. Srinagar worth Rs. 6066 lacs. Work of Strengthening and paving of shoulders of SH 07-Viramgam - Dhrangadhra and Dhrangadhra - Halvad worth Rs. 10485 lacs was awarded by Govt. of Gujarat State Road Project Circle Gandhi Nagar in Joint Venture with Sadbhav Engineering Ltd.2004 Awarded the work of KSHIP Upgradation of Road from Bijapur to Krishna Bridge - World Bank aided Road Project by Project Director KSHIP Bangalore worth Rs. 5835 lacs. Apart from the above have been awarded 3 major road works by MMRDA for a total sum of Rs. 6700 lacs. 2005 Successfully completed the prestigious Road Project namely Rehabilitation and up-grading of 4/6 lane divided carriage way Udaipur-Mangalwar Section by NHAI in joint venture with Sadbhav Engineering Co. at a completion cost of Rs. 18500 lacs including escalation cost.