Udayshivakumar Infra Share price

The Company was originally formed as a sole proprietorship under the name of ‘M/s Udayshivakumar’ atDavangere Karnataka on August 22 2002 and was converted into a partnership firm under the name of ‘M/s.Udayshivakumar’ pursuant to a deed of partnership dated March 31 2014. The partnership firm was registered under the Indian Partnership Act 1932 with the Registrar of Firms Belgaum Karnataka on April 4 2014. Further pursuant to the deed of partnership dated March 8 2019 the deed of partnership dated March 31 2014 was reconstituted by amending the existing clauses and inserting new clauses in the deed of partnership. Consequent to the aforesaid amendments a memorandum acknowledging receipt of documents for change in constitution of partnership was issued by Registrar of Firms Belgaum Karnataka on April 3 2019. Further pursuant to a resolution dated September 23 2019 passed at the meeting of partners of M/s Udayshivakumar the partnership firm was converted into a private limited company under the Companies Act 2013 with the name ‘Udayshivakumar Infra Private Limited’ and a certificate of incorporation dated December 23 2019 was issued by the Central Registration Centre Registrar of Companies. Subsequently pursuant to resolutions passed by the Board of Directors in their meeting held on August 27 2022 and by the Shareholders in the extra-ordinary general meeting held on August 30 2022 the Company was converted into a public limited company consequent to which its name was changed to ‘Udayshivakumar Infra Limited’ and a fresh certificate of incorporation dated September 16 2022 consequent to such conversion was issued by the RoC.Major events and milestones :2019- Conversion of the erstwhile partnership firm ‘M/s Udayshivakumar’ into a private limited company under theCompanies Act 2013 and incorporation of the Company- The Company was awarded a contract of Rs. 14937 lakhs by Belgaum Smart City Limited for construction ofsmart roads.2020- The Company was awarded a contract of Rs. 9204 lakhs by Davangere Smart City Limited for construction of smart roads.2022- The Company was awarded the tender and was appointed as the fee collection agent by National HighwayAuthority of India for the Halligudi (Hallikeri) Fee Plaza in the state of Karnataka.- Constitution of the joint venture namely Udayshivakumar Kotarki Joint Venture pursuant to the joint bidding agreement for joint venture dated April 22 2022 executed between the Company and Kotarki Constructions Private Limited- The Joint Venture Udayshivakumar Kotarki Joint Venture was awarded with the contract amounting to approx. Rs. 17100 lakhs by the National Highway Authority of India for widening of a two lane highway in the State of Karnataka.- The Company received a letter of intent from the Department of Mines & Geology Government of Karnataka for granting a mining lease in Venkatagiri Village Bellary District over an extent of 24.04 hectare.- Conversion of the Company from a private limited company to a public limited company and change of name of the Company from “Udayshivakumar Infra Private Limited” to “Udayshivakumar Infra Limited”- The Company was awarded the tender by Ministry of Road Transport & Highways for widening to two lanewith paved shoulders from Siddapur to Vijayapura) of NH- 561A in the state of the Karnataka.2023- The Company was awarded the tender and was appointed as the fee collection agent by National HighwayAuthority of India for the Bankapur Fee Plaza in the state of Karnataka.Key awards accreditations or recognitions :2011- Certificate of merit received from Indian Concrete Institute certifying outstanding concrete structure of NorthKarnataka in the project for improvement to Hangal – Sauraleshwar Road2022- Certificate of registration received from Aambitious Assessment Private Limited certifying that the qualitymanagement system of the Company is compliant with the requirements of ISO 9001:2015.- Certificate of registration received from Aambitious Assessment Private Limited certifying that the environmental management system of the Company is compliant with the requirements of ISO 14001:2015.- Certificate of registration received from Aambitious Assessment Private Limited certifying that the occupational health and safety management system of the Company is compliant with the requirements of ISO 45001:2018.