Ansal Properties & Infrastructure

The Company was originally incorporated as Ansal & Saigal Properties
 Pvt. Ltd on June 30, 1967 and subsequently changed name to Ansal
 Properties & Industries Pvt.Ltd. on November 10, 1975. 
 
 The Company again changed its status to a deemed public limited
 company effective 15th June 1988, u/s 43A of the Act.  Subsequently,
 by a Special Resolution passed by the shareholders in their Extra
 Ordinary General Meeting held on 30th March, 1990 restriction u/s
 3(1)(iii) of the Act were deleted from the Articles of the Company
 and the Company, as such, became Public Limited Company within the
 meaning of Section 3(1)(iv) of the Act.
 
 The Company is engaged in Real Estate Promotion, Construction and
 Development activities.  The Company executes  contracts for building
 residential complexes, commercial complexes etc. 
 
 The Company has so far completed 66 projects in India and 5 projects
 in Iraq with an aggregate contract value of Rs.197.11 crores and
 Rs.86.50 crores respectively.
 
 The Company was promoted in the year 1967 by Shri Surendra Kumar
 Saigal and Late Shri Charanjilal Ansal.
 
 2000 - Icra has downgraded the FD rating of the company from MB+ to
 MB
        indicating inadequate safety.
 
 
 2003
 -Board approved delisting of equity share from Ahmedabad, Jaipur and
 UP Stock Exchanges
 
 2005
 
 -Ansal Properties & Infrastructure  signs an MoU with UP govt
 
 2006
 
 -Ansal Properties & Infrastructure Limited has appointed Mr. Anup
 Kapoor as Chief Financial Officer of the Company.
 
 2007
 
 -Ansal Properties & Infrastructure Ltd has signed two Agreements with
 IL&FS Investment Managers (IIML), the private equity arm of IL&FS to
 develop two Projects of Township and IT SEZ in Gurgaon, Haryana.
 
 -Ansal Properties and Infrastructure Ltd (Ansal API) inked a
 Memorandum of Understanding to form a joint venture company with UEM
 Builders, a subsidiary of Malaysian conglomerate UEM Group, to take
 on building, construction and engineering activities in India.