Nagarjuna Construction Co.

22nd March, 1990 with the main object of taking over the business of
 erstwhile partnership concern M/s. Nagarjuna Construction
 Corporated.
 
 The partnership firm was established in 1978. The Company undertakes
 construction of Civil, Structural, Electrical, Sanitary, Plumbing and
 other works like laying of bridges, roads etc.
 
 NAGARJUNA CONSTRUCTION COMPANY LIMITED,  was promoted by Shri A V S
 Raju, Shri K I Narayana, Shri A A V Ranga Raju and Shri A G K Raju.
 
 2000 - CRISIL has upgraded the rating of Nagarjuna Construction
 Services from an FB+ to FA-.
 
 2002-The Board of Directors of Nagarjuna Construction Company Ltd at
 its meeting held on July 29, 2002 approved reissue of 76082 equity
 shares of Rs 10 each at a premium of Rs 25 per share.
 
 2003
 
 -Nagarjuna Construction Co. Ltd has informed that a special
 resolution was passed by the members of the company in their AGM held
 on September 26, 2003 giving their consent to the company to delist
 the shares of the company from HSE. The company has made an
 application to the Hyderabad Stock Exchange for the purpose of
 delisting of its shares from HSE.
 
 2004
 
 -Nagarjuna Construction Company Ltd has informed that the Joint
 Venture viz. Somdatt Builders - NCC Joint Venture floated by the
 company along with M/s Somdatt Builders Ltd has been awarded by the
 Superintending Engineer, State Road Project Circle at Gandhinagar,
 Gujarat a contract worth Rs 993.80 million for strengthening and
 paving of shoulders of SH 24, Rajkot-Morvi (Km 1/827 to Km 70/192).
 
 -Nagarjuna Construction Company Ltd has informed that the BoD of the
 company at its meeting held on January 5, 2004 have subject to the
 approval of the members of the company accorded inprinciple approval
 for issue of 1 million equity shares of Rs. 10/- each at a premium of
 Rs. 125/- each to Mr. Rakesh Jhunjhunwala and Mrs. Rekha Jhunjhunwala
 valued at Rs. 135 million and 1 million equity shares of Rs. 10/-
 each at a premium of Rs. 125/- each to pre-identified individuals /
 body corporates / NRIs etc valued at Rs. 135 million on preferential
 basis.
 
 -Delists Equity Shares from Hyderabad Stock Exchage
 
 2005
 
 -Nagarjuna Construction secures orders worth Rs 3310 mn
 
 2006
 
 -NCCL joins hand with NHAI
 
 -Nagarjuna Construction secures order from Sultanate of Oman
 
 -Nagarjuna Construction secures two new Orders worth Rs 1180 mn
 
 -Nagarjuna Construction Company Ltd has informed that Sri. S
 Samarapungavan, Director has resigned from the Board of the Company
 as he is settling down abroad. The Board of Directors at its meeting
 held on October 30, 2006 has appointed Sri. R V Sastri, Former
 Chairman & Managing Director of Canara Bank as an Additional Director
 (Independent Director).
 
 - Nagarjuna Construction Company Ltd (NCCL) has bagged new orders
 valuing Rs 255 crore.
 
 2007
 
 -Nagarjuna Construction Company Ltd has announced that the Company
 has secured two new orders aggregating Rs 260 crores. The first order
 is from Maharashtra Airport Development Company Ltd, Mumbai for
 Designing, Providing and Constructing Water Supply and Underground
 Sewerage System at Nagpur valued at Rs 202 crores and the second
 order from the Chief Engineer, Electricity, GESCOM, Gulbarga District
 of Karnataka for Rural Electrification works on Turnkey basis under
 Rajeev Gandhi Grameen Vidyutikaran Yojana (RGGVY) Scheme valued at Rs
 58 crores.
 
 -The spot rupee opened at 43.67/68 but closed at a high of 43.47/48
 to a dollar following dollar selling by banks as part of sell-buy
 swaps to create trading positions. The annualised premiums for the
 six-month and one-year forward dollars closed at 4.02 per cent and
 3.47 per cent, respectively.
 
 -Nagarjuna Construction Company Ltd has informed that Sri. Alluri
 Narayana continues to be a Director (Non working Director) on the
 Board of the Company.
 
 - Nagarjuna Construction Company Ltd has informed that the Company
 has bagged three new orders totaling Rs 243 crores. These orders
 comprise of a project for construction of the EMBASSY OF INDIA
 COMPLEX at Kathmandu, Nepal valued at Rs 136 crores, construction of
 Paint Shopt & HRK Hall at Chakan, MIDC, Maharashtra for Volkswagen
 India Pvt Ltd, valued at Rs 66 crores and construction of Raw Water
 Storage Reservoir at Visakhapathatnam, Andhra Pradesh for Brandix
 India Apparel City valued at Rs 41 crores.