Punj Lloyd

The Company was incorporated on September 26, 1988 under the 
 Companies Act, 1956 as Punj Lloyd Engineering Private Limited. In 
 1989, the Company took over all the activities of the engineering, 
 turnkey and general construction division of the entity that was 
 formerly known as Punj Sons Private Limited. On July 11, 1989, the 
 name of the Company was changed to Punj Lloyd Private Limited. With 
 effect from July 1, 1992, the word ‘Private’ was deleted from the
 name 
 of the Company under section 43A (1A) of the Companies Act. 
 Subsequently, the Company became a public limited company on July
 21,
 1992.
 
 The registered office of the Company was shifted from M 13, Connaught
 
 Place, New Delhi 110 001 to Punj House, 10/1 Nehru Enclave (East),
 New 
 Delhi 110 019 on January 2, 1989; and thereafter the registered
 office was 
 again shifted to Punj Lloyd House, 17-18 Nehru Place, New Delhi 110
 019 
 on November 1, 1989.
 
 Subsequently, pursuant to an order of arrangement and demerger
 between 
 Spectra Net Limited, Punj Lloyd Limited and Atna Investments Limited,
 which 
 was approved by the High Court of Delhi by its order dated August 16,
 2004, 
 the Company issued  and allotted 1,817 Equity Shares for
 consideration other 
 than cash to the shareholders of Spectra Net Limited on September
 29,
 2004.
 
 For further details of our financial performance, please refer to the
 sections 
 'Financial Statements, Business, Management’s Discussions and
 Analysis 
 of Financial Condition and Results of Operations as per Consolidated
 Financial
 Statements and Management’s Discussions and Analysis of Financial
 Condition 
 and Results of Operations as per Unconsolidated Financial Statements
 beginning 
 on pages 147, 62, 418 and 437 of this Red Herring Prospectus.
 
 2005
 
 -Punj Lloyd has fixed its IPO price at Rs 700. The company has come
 out with public issue of 91.7 lakh shares, which include fresh issue
 of 83.5 lakh shares and the rest was offer for sale, with a price
 band of Rs 600-700 for Rs 10 share.
 
 2006
 
 -Punj Lloyd joins hands with Kingdom of Saudi Arabia
 
 -Punj Lloyd Limited has informed  as follows: 1) Mr Sanjay Bhatnagar
 has been appointed as an Additional Director in the capacity of
 Independent Director and 2) Mr Keith Henry has resigned as Director
 of the Company.
 
 -Punj Lloyd Ltd has informed that Punj Lloyd Group, a global
 infrastructure services provider, has signed a large contract for
 construction of a LDPE plant at Thailand.
 
 2007
 
 -Punj Lloyd Ltd has appointed Mr. Scott R Bayman and Mr. P K Gupta as
 Additional Directors on the Board of the Company.
 
 - Punj Lloyd Limited has appointed Mr. Paul Birch as Group Head Human
 Resources for Punj Lloyd Group.
 
 - Punj Lloyd signs agreement with UAE firm.