Company History - Alacrity Housing
Alacrity Housing Limited (AHL) was incorporated as a Public Limited
Company on 19th May 1992, and obtained the Certificate of
Commencement of Business on 2nd June. It was promoted by M/s.
Alacrity Foundations Private Limited, Chennai and a group of
It was primarily set up to pursue activity of constructing and
selling residential housing complexes and related activities. It
took over the entire business interests and opportunities of the
building division of M/s. Alacrity Foundation Pvt. Ltd.
1994 - 400 No. of Equity shares of Rs 10 each subscribed by
to the Memorandum of Association. During November, 1992, the
Company issued 79,99,600 No. of equity shares of Rs 10 each
cash at par of which 16,00,000 shares and 15,99,600 shares
reserved and allotted on a firm basis to promoter company
Alacrity Foundation (P) Ltd. for consideration other than
and to promoters, directors etc. respectively. Balance
shares issued to the public.