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Valecha Engineering
BSE: 532389|NSE: VALECHAENG|ISIN: INE624C01015|SECTOR: Construction & Contracting - Civil
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Company History - Valecha Engineering
VALECHA ENGINEERING LIMITED has been promoted by Valecha Brothers on
 migration from Sind (Pakistan) after partition in 1947.  They had a
 humble beginning in India.  Construction was their hereditary
 activity.  Their ancestral firm was a nme to reckon with specially in
 Government, in Sind and Baluchisthan.  They carried out same business
 in India and in 1957 came into being as Partnership Firm in the name
 and style of Gopaldas Vasudev & Co.  Within a short span of 20-25
 years they were rewarded with recognition in highest class without
 limit contractors.  Subsequently, on 5th March 1977, a Private
 Limited Company was incorporated under the name of Valecha Bros.
 (E.C.) Pvt. Ltd.  This Company was engaged in same line of business
 and in April 1988, the Partnership Firm Gopaldas Vasudev & Co. was
 merged with Valecha Bros. (E.C.) Pvt. Ltd.  Later, on 26th November
 1993, this Company changed its status from Private to Public Limited
 under the name of Valecha Bros. (E.C.) Ltd.  and further on
 23-12-1993, the company changed its name to VALECHA ENGINEERING
 LIMITED.
 
 The company is involved in infrastructure development projects like
 Dam construction, Tunnel building, Road laying, Bridge construction
 etc.  The projects executed by the compare are mainly financed by
 Central Government, State Government and similar bodies, who float
 tenders before assigning the job to any specific company.  Hence the
 business of the Company would be affected depending on the policies
 of above bodies and funds allocated by them for infrastructure
 development.  In addition, the company's business is directly linked
 to its ability to competitively bidding for new projects.
 
 2004
 
 -Valecha Engineering Ltd, which is engaged in construction of
 high-end infrastructure and engineering projects, has bagged a major
 Rs 90-crore contract as part of the Golden Quadrilateral project from
 the National Highway Authority of India (NHAI)
 
 - Valecha Engineering Ltd, bags Rs 15.21-crore project from Airports
 Authority of India (AAI) for upgradation of the Vadodara airport
 
 -Valecha join hands with Ukraine firm for construction of a tunnel in
 Jammu and Kashmir
 
 -Valecha Engg forges alliance with Ukrainian co
 
 2005
 
 - The shares of the Company have been delisted from the OTC Exchange
 of India with effect from December 14, 2004.
 
 2006
 
 - Valecha Engineering Ltd has informed that the Board of Directors of
 the Company at its meeting held on October 31, 2006, has appointed Mr
 Shailesh Harbhakti as an Alternate Director to Mr Arvind Thakkar,
 Director of the Company.
 
 2007
 -The Company has issued Bonus Shares in the Ratio of 1:2.
 
 2008
 
 -The Company has issued Bonus Shares in the Ratio of 1:2.
 
 2009
 
 -Valecha Engineering bagged Projects worth Rs 136.00 crores
 
 -Valecha Engineering Limited bagged Projects worth Rs.172.00 Crores.
 
 -Valecha Engineering bags Projects worth Rs. 110.00 Crores
 
 2010
 
 -Valecha Engineering has bagged Projects worth Rs. 255.00 Crores.
 
 -Valecha Engineering has bagged Projects worth Rs. 147.00 Crores.
 
 -Valecha Engineering has bagged Projects worth Rs. 509.00 Crores.
 
 -Valecha Engineering forays into Power Sector - To setup 440 MW Power
 Project in the State of Madhya Pradesh.
 
 -Valecha Engineering has bagged Projects worth Rs. 187.00 Crores.
 
 2011
 
 -Valecha Engineering has bagged Projects worth Rs. 194.52 Crores.
 
 -Valecha Engineering bagged Project worth Rs. 54.93 Crores.
 
 -Valecha Engineering Limited Bag Projects in Kota & Madhya Pradesh
 Worth Rs. 147.81 Crores.
 
 -Valecha Engineering Ltd bags projects worth Rs. 188.74 Crores.
 
 -The Company has bagged Project worth Rs. 139.07 Crores.
 
 2012
 
 -Valecha Engineering Ltd Bags Projects Worth Rs. 362.93 Crores
Source : Dion Global Solutions Limited
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