Our Company was originally incorporated in New Delhi on March 15, 1965
 under the Companies Act 
 as a private limited company under the name ‘Engineers India Private
 Limited’ pursuant to a formation 
 agreement dated November 20, 1964 and in accordance with a memorandum
 of agreement dated June 
 27, 1964, both between the Government of India and BIC. Thereafter,
 the memorandum of agreement, 
 the formation agreement and a subsequent technical services agreement
 entered into by our Company 
 and Bechtel Overseas Corporation BOC were terminated by mutual
 consent in accordance with an 
 agreement between the Government of India, BIC and BOC in May 1967.
 In accordance with the terms 
 of this agreement our Company also entered into separate agreements
 for mutual release in June 1967 
 with BOC and BIC whereby the parties mutually agreed to forever
 discharge and release the other party 
 and its officers, employees from all liabilities, obligations and
 duties under the terminated agreements.  
  
 Further, pursuant to a special resolution passed by the shareholders
 of our Company at an EGM held on 
 October 30, 1996 our Company was converted to a public limited
 company.  
 
 Major Events  
 
 Calendar Year                                                 Events
 
 1965                                       Incorporated pursuant to a
 formation agreement dated November 20, 1964 and in accordance with a 
                                                memorandum of
 agreement dated June 27, 1964 both between the Government of India
 and BIC. 
 
 1967                                      Termination of the
 agreements with BIC and acquisition of the equity shares of our
 Company held 
                                                by BIC by the
 Government of India.  
 
                                               Commenced work in the
 refineries segment. 
 
 1969                                      Commenced work in the
 petrochemicals segment. 
 
 1973                                      Commenced work in the
 metallurgy segment and international operations.  
 
 1975                                      Entered into offshore oil
 production. 
 
 1977                                      Commenced work in the
 pipelines segment. 
 
 1978                                      Commenced work in the oil
 and gas processing segment. 
 
 1984                                     Commenced providing project
 management services.
 
 1989                                     Our Company set up its own
 research and development centre at Gurgaon. 
 
 1994                                     Our Subsidiary,
 Certification Engineers International Limited was set up. 
 
 1996                                    The Government of India
 disinvested about 6% of its holding in our Company through a private
 
                                              placement to certain
 banks, mutual funds etc.  
 
 1997                                     Listing on the BSE and NSE. 
 
 
                                              Mini Ratna status
 accorded to our Company. 
 
 1998                                     Commenced execution of lump
 sum turn key projects. 
 
 2000                                     Listing on the Delhi Stock
 Exchange. 
 
 2001                                    Commenced work in the
 infrastructure sector. 
 
 2002                                   Our Company was awarded the
 MOU Award by the Government of India Ministry of Heavy 
                                             Industries and
 Enterprises, Department of Public Enterprises (Merit Certificate in
 the Achievement 
                                            of MOU Targets for the
 Year 1999-2000) 
 
 2003                                   Our Company was awarded the
 MOU Award by the Government of India Ministry of Heavy 
                                            Industries and
 Enterprises, Department of Public Enterprises (Merit Certificate in
 the Achievement 
                                            of MOU Targets for the
 Year 2001 - 2002) 
 
 2004                                   Commenced providing
 engineering engineering procurement construction management services
 in 
                                            relation to sub-surface
 crude storages. 
 
 2006                                   Delisting of our equity shares
 from the Delhi Stock Exchange.  
 
 2007                                  Contracts on open book estimate
 and lump sum turnkey basis. 
 
 2008                                  Strike by Engineers India
 Officers’ Association and others. Our Company filed a civil suit in
 2008 
                                           in relation to this strike.
 For details see the section Outstanding Litigation and Material 
                                           Developments - Outstanding
 Litigation/ Proceedings Involving our Company - Cases filed by our 
                                          Company - Civil Suits no. 3
 on page 191. 
 
                                          Our Company was awarded a
 Certificate of Merit as India’s Most Admired Construction 
                                          Company at the 6th
                                           Construction World - Annual
 Awards, 2008 
 2000 
 
 - The President of India has a holding of 90.39 per cent of the
 total
 capital of the company.
 
 2001
 
 - Mr. Keshav Saran has been appointed as the new Chairman and
 Managing
 Director of the State-owned Engineers India Ltd.
 
 - The Company will set up separate strategic business units with the
 aim of diversifying into areas with high business potential.
 
 2002
 
 -Engineers India Ltd has informed BSE that Shri M K Dalal has taken
 over the full charge of Chairman & Managing Director of the company
 wef September 26, 2002.
 
 -The Government had invited Expression of Interest for bidding its
 51% stake in 
 Engineers India Ltd.
 
 2003
 
 -Engineers India Ltd informed BSE that Shri S Ramana Murthy, company
 secretary of the company has retired and Shri Sumanta Nayak, earlier
 Deputy Company Secretary has been
 designated as the Company Secretary.
 
 -Mr Pranob Mukherji has been appointed as the Director (project) of
 EIL.
 
 -EIL posted 52% increase in its turnover compared to last years
 Rs.537crs.
 
 -EIL has earned a services contract Front End Engineering
 Design(FEED) from an 
 arm of Abu Dhabi National Oil Company, Abu Dhabi Takreer.
 
 -Bags a turnkey order worth more than Rs 286 crore from top
 exploration firm Oil and Natural Gas Corporation
 
 2004
 
 -Consultancy firm Engineers India Ltd (EIL) said it has bagged Rs
 1,600 crore contract for advising Hindustan Petroleum Corp Ltd on
 implementation of clean fuel project at its Visakhapatnam refinery
 
 -Engineers India Ltd, as part of a diversification strategy, will
 partner Bharti Enterprises and Changi Airport of Singapore in bidding
 for development of Delhi and Mumbai airports
 
 2005
 
 -EIL gets contract from Nalco
 
 -EIL in negotiation to buy Lurgi unit
 
 -EIL, Petronet to jointly bids for gas ventures
 
 2006
 -EIL ranked at 142 in the list of ET 500 companies (published in
 February 2006) up from 311 an year ago based on an average of eight
 separate factors 
 -CDC National Award for Excellence in Consultancy Services 2005 for
 execution of Capacity Expansion-cum-Modernization Project Phase-I of
 KRL. 
 -NRDC award for innovation and commercialization of CFC Technology of
 EIL-R&D and IOC-R&D 
 -Merit Certificate for Excellence in the achievement of MoU Target
 for the year 2003-2004 by Hon'ble Vice President of India 
 
 2007
 
 -Engineers India Ltd has appointed Shri. Avinash Chandra as
 non-official part-time Director on the Board of the Company vide its
 letter dated June 19, 2007, issued by the Ministry of Petroleum &
 Natural Gas.
 
 -EIL received a shield and a certificate from Abu Dhabi Company for
 Onshore Oil Operations (ADCO) on for successfully completing 5
 Million man-hours without Loss Time incident at their Tank Farm
 Upgrade Facilities Project, Jebel Dhanna
 -Hindalco awarded a “Certificate of Recognition” to EIL for achieving
 a landmark of 1.16 million accident-free man-hours at Muri Alumina
 Brownfield Expansion Project
 
 
 2008
 -Amity Award for Best Engineering Consultancy Services.
 -PetroFed award for ‘Best Women Executive of the Year’ to Ms Vartika,
 AGM 
 
 2009
 
 -PRSI Award-2009 for Engineers India 
 
 2010
 
 -EIL signs MoU with Ministry of Petroleum & Natural Gas
 
 -Payment of Special Interim Dividend - 2009-2010 @ Rs. 100/- (Rupees
 one hundred only) per share of the Company (on the face value of Rs.
 10/- each) out of the Free Reserves of the Company.
 
 -Engineers India has given the Bonus in the Ratio of 2:1
 
 -Company has splits its Face value of Shares from Rs 10 to Rs 5
 
 2011
 
 -Public Relations Society of India (PRSI) National Award-2010 for Aap
 Aur Hum-1st prize and Hamara EIL-2nd prize (in Hindi category). 
 
 -Appreciation certificate by CPCL for achieving 4 million LTA free
 man-hours for Euro-IV Project at Chennai.
 
 -Certificate of Recognition from MRPL for achieving 30 million safe
 man-hours without lost time accident for Phase-III Refinery Expansion
 Project of MRPL. 
 
 
 2012
 
 -First prize by the Institute of Cost and Works Accountants of India
 (ICWAI) for excellence in Cost Management Practices for the year 2010
 in the category of “Public - Service Sector - Large”. 
 
 -Sarvashreshtha Suraksha Puraskar (Golden Shield) from National
 Safety Council of India for executing LLDPE/HDPE (Swing Unit) of
 Indian Oil Corporation Ltd. (IOCL) Naphtha Cracker Project at Panipat
 Haryana
 
 -Safety Certificate by IOCL for achieving 80 million man-hours
 without any Lost Time Accidents (since 15.11.2008) during the course
 of construction of Panipat Naphtha Cracker Project (PNCP).
 
 -Safety Certificate from ONGC Petro-additions Ltd.(OPaL) for
 achieving 8.5 million man-hours without any lost time accident for
 Dahej Petrochemical Project. 
 
 -Engineers - EIL bags Intgrated Refinery Expansion Project of BPCL,
 Kochi.