Our Company was originally incorporated as Unity Builders Limited 
 on April 9, 1997. We subsequently changed the name of our Company 
 to Unity Infraprojects Limited pursuant to a special resolution of
 the 
 shareholders passed at an extraordinary general meeting on January 
 14, 2000. The fresh certificate of incorporation consequent on change
 
 of name was granted by the ROC to our Company on February 7, 2000. 
 Our registered office was shifted from B 101, Vaibhav Apartments, Old
 
 Prabhadevi Road, Prabhadevi, Mumbai 400 025, India to the current 
 address by a resolution of our Board dated October 22, 1999.
 
 Prior to incorporating our Company, our Promoter Directors were
 engaged 
 in the business of providing integrated design, engineering,
 procurement 
 and construction services for commercial and infrastructure sector
 projects 
 through Unity Construction Company, a partnership firm, which has
 been 
 in existence since 1979. In 1983, Kishore K. Avarsekar was admitted
 as a 
 partner in this firm. Abhijit K. Avarsekar and Ashish K. Avarsekar,
 who were 
 minors at the time, were admitted into the firm for the purpose of
 sharing the 
 profits with an option to continue with the firm on attaining the age
 of majority. 
 Subsequently, Pushpa K. Avarsekar also became a partner in the firm.
 
 By a deed of assignment (Deed) dated August 28, 2000, Unity
 Construction 
 Company assigned its business to Unity Infraprojects Limited on an as
 is where 
 is basis together with the right, title, interest, assets and
 liabilities and goodwill 
 of the firm as a going concern. The Deed provides that the Company
 shall grant 
 the partners 10,000 fully paid up Equity Shares. The Deed further
 provides that 
 the partners may, individually or jointly, carry on similar business
 as is carried out 
 by Unity Construction Company. Further to this deed, the Company and
 UCC have 
 entered into an undertaking dated January 20, 2006. Under the terms
 of this
 agreement, UCC shall be liable for all losses, liabilities, claims,
 demands, actions, 
 causes of action, suits, litigation, damages, costs and expenses,
 including 
 reasonable legal fees and disbursements in connection asserted
 against, or 
 incurred or suffered by, the Company which arise out of, result from
 or may be 
 payable by virtue of any breach of any representation, warranty,
 covenant or 
 agreement made or obligation required to be performed by UCC.
 Further, UCC 
 has agreed that any consequences in relation to the arbitration
 proceedings 
 filed by it against the National Bank for Agriculture & Rural
 Development shall 
 be to the account of the Company, including the receipt of any
 arbitration award 
 and expenses and UCC shall not raise any claim against the Company in
 relation 
 to any award received by the Company pursuant to such arbitration
 proceedings.
 
 Some of the key milestones of our predecessor firm and us include
 
 1983   Construction of Abhyudaya Co-operative Bank Building at Vashi,
 Navi Mumbai
 1984   Construction of Standard Design Factory at Mumbai for
 Maharashtra Industrial 
            Development Corporation (MIDC)
 1985   Construction of the Vainganga skyscraper at Worli, Mumbai
 1989   Construction of Wholesale Fruit and Vegetable Market for the
 Bombay 
            Agriculture Produce Marketing Committee (BAPMC)
 1991   Entered the field of turnkey execution by bagging the order
 for Design and 
            Construction of Mass Housing Project for MHADA at
 Majaswadi, Andheri (E), 
            Mumbai
 1993   Construction of NRI Housing Project (Seawoods Estate) for
 CIDCO at Nerul, 
            Navi Mumbai
 1995   Construction of NABARD’s corporate office building at Bandra
 Kurla Complex, 
            Mumbai
 1996   UCC diversified into the field of infrastructure development
 1997 - 2000   UCC consolidated its presence in the field of buildings
 and infrastructure 
                       by bagging and successfully executing
 prestigious projects all over 
                       Maharashtra
 2000   Commenced operations in August 2000 as Unity Infraprojects
 Limited
            Obtained ISO certification. Got first project out of
 Maharashtra in Goa.
 2002   Commenced projects in Delhi by bagging a Rs. 1,300 million
 order from the DDA. 
            Secured major orders from the MCGM for Tansa Dam and from
 NHAI for concrete 
            road at JNPT.
 2003   Ventured in the North East by commencing operations in
 Shillong. Consolidated 
             presence in the North East by bagging the Assam
 Secretariat in November and 
            Tunnel for the Indian Railways in December.
            Operations spread to the states of Goa, Gujarat, Delhi,
 Meghalaya, Assam and 
            Tripura.
 2004   Secured jobs in Mumbai viz. Sardar Patel Indoor Stadium for
 the National Sports 
            Club of India and Refurbishment of Terminal I B of the
 Mumbai Domestic Airport.
            Successfully completed refurbishment of the Kala Academy
 Goa in 110 days to 
            ensure timely and successful hosting of the International
 Film Festival of India 
            (IFFI 2004).
 2005   Secured Irrigation projects in Andhra Pradesh thereby making
 it the eighth state 
            of operations. Ventured into industrial construction by
 bagging a prestigious order 
            from Siemens Limited. Secured road projects in Mumbai.
            RMC plant and paver block plant set up in Mumbai for
 captive consumption.
 
 We are an ISO 9001-2000 company, with accreditation from the American
 Standards 
 Institute and Orion Registrar Inc. for design and construction of
 civil engineering works.
 
 We are also the flagship company of the KK Group, a conglomerate with
 interests in 
 contracting, real estate development, concrete block production and
 hotels. We have 
 our registered and corporate office in Mumbai.
 
 2006
 
 -Unity Infraprojects Ltd has has entered into Joint Venture with BSEL
 Infrastructure Realty Ltd for participating in the tenders offered by
 Nagpur Municipal Corporation.
 
 -Unity Infraprojects Ltd in 50:50 joint venture with M/s Pratibha
 Industries Ltd has secured a contract from Ulhasnagar Municipal
 Corporation for a Water Supply Scheme on BOT basis.
 
 2007
 
 -Unity Infraprojects secures project from IPPL
 
 - Unity Infraprojects Ltd has informed that M/s. United Gulf
 Construction Company WLL  Unity Infraprojects Ltd - Joint Venture
 (being a Joint Venture between the Company and M/s. United Gulf
 Construction Company - WLL, Kuwait) has secured a contract from
 Municipal Corporation of Greater Mumbai for Installation of Pipe
 lines by micro tunnelling method at various locations in Mumbai for
 existing water mains amounting to Rs 28.33 crores.
 
 - Unity Infraprojects Ltd has informed that the Company has been
 awarded with following Orders:
 
 1. Rs 147.82 Crores from, the Central Public Works Department for the
 Re-modeling and Up gradation of Major Dhyan Chand National Stadium for
 Commonwealth Games 2010, including Civil and Electrical engineering
 works to be completed within 18 Months.
 
 2. Rs 77 Crores from the Thane Municipal Corporation of City of
 Thane, for the Construction of additional 110 MLD Water Supply Scheme
 from Pise Head Works. This work has been awarded to a Joint Venture
 formed with Nagarjuna Construction Company Ltd. and SMC
 Infrastructures.
 
 2008
 
 - Unity Infraprojects Ltd has informed that the Company has received
 an order for Widening and Up gradation of Existing 4-Lane Road to
 6-Lane Road under Contract Package IV from Km 144+770 (Mardha
 Village) to Km 181+300 (Antela Village) in the state of Rajasthan for
 a total contract value of Rs 375.25 crores to be completed within 30
 months. The said contract has been received from Pink City Expressway
 Pvt. Ltd vide their Letter of Acceptance dated October 16, 2008.
 
 2009
 
 - Unity Infraprojects Ltd has received Rs 325.23 crore order from
 MCGM, Mumbai.
 
 - Unity Infraprojects bagged a Rs. 54.56 crore project from Amanora
 Park Town, Hadaspur, Pune where the project is likely to be finished
 in 29 months and includes construction of 6 towers, RCC works and
 gypsum finish.