Ansal Properties & Infrastructure Ltd.

The Company was originally incorporated as Ansal & Saigal Properties
 Pvt. Ltd on June 30, 1967 and subsequently changed name to Ansal
 Properties & Industries Pvt.Ltd. on November 10, 1975. 
 
 The Company again changed its status to a deemed public limited
 company effective 15th June 1988, u/s 43A of the Act.  Subsequently,
 by a Special Resolution passed by the shareholders in their Extra
 Ordinary General Meeting held on 30th March, 1990 restriction u/s
 3(1)(iii) of the Act were deleted from the Articles of the Company
 and the Company, as such, became Public Limited Company within the
 meaning of Section 3(1)(iv) of the Act.
 
 The Company is engaged in Real Estate Promotion, Construction and
 Development activities.  The Company executes  contracts for building
 residential complexes, commercial complexes etc. 
 
 The Company has so far completed 66 projects in India and 5 projects
 in Iraq with an aggregate contract value of Rs.197.11 crores and
 Rs.86.50 crores respectively.
 
 The Company was promoted in the year 1967 by Shri Surendra Kumar
 Saigal and Late Shri Charanjilal Ansal.
 
 2000 - Icra has downgraded the FD rating of the company from MB+ to
 MB
        indicating inadequate safety.
 
 
 2003
 -Board approved delisting of equity share from Ahmedabad, Jaipur and
 UP Stock Exchanges
 
 2005
 
 -Ansal Properties & Infrastructure  signs an MoU with UP govt
 
 -Ansal Properties & Infrastructure has given the Bonus in the Ratio
 of 1:2
 
 2006
 
 -Ansal Properties & Infrastructure Limited has appointed Mr. Anup
 Kapoor as Chief Financial Officer of the Company.
 
 -Company has splits its Face value of Shares from Rs 10 to Rs 5
 
 2007
 
 -Ansal Properties & Infrastructure Ltd has signed two Agreements with
 IL&FS Investment Managers (IIML), the private equity arm of IL&FS to
 develop two Projects of Township and IT SEZ in Gurgaon, Haryana.
 
 -Ansal Properties and Infrastructure Ltd (Ansal API) inked a
 Memorandum of Understanding to form a joint venture company with UEM
 Builders, a subsidiary of Malaysian conglomerate UEM Group, to take
 on building, construction and engineering activities in India.
 
 -The Company has issued Bonus Shares in the Ratio of 1:1.
 
 2008
 
 -Ansal Properties and Infrastructure Ltd has inked a shareholder's
 agreement for a joint venture with UEM Builders, a subsidiary of
 Malaysian conglomerate UEM Group.
 
 - Ansal Properties & Infrastructure Limited has appointed Shri Mahesh
 Chand Maheshwari as Chief Financial Officer (CFO) in place of Shri
 Anup Kapoor, erstwhile CFO.
 
 2009
 
 -Ansal Properties & Infrastructure Limited has been appointed as
 President & Company Secretary of the company
 
 2010
 
 -Ansal API to launch new township Project in Gurgaon.
 
 -Trading symbol of Ansal Properties & Infrastructure Limited be
 changed from ANSALINFRA to ANSALAPI 
 
 -Ansal API to launch four new mega projects in Punjab
 
 2011
 
 -Ansal Properties & Infrastructure Ltd and Red Fort Capital  has
 signed an agreement form a Joint Venture (JV) to undertake expansion
 of a residential township project in Gurgaon.
 
 - Company has appointed Dr. P. S. Rana as a non-executive and
 independent Director .
 
 2012
 
 -Suresh Menon has been appointed as Vice President & Group Company
 Secretary of the Company & also act as Compliance Officer of the
 Company.
 
 2013
 
 -The Board of Directors of the Company has appointed Shri Prabhunath
 Misra as Additional Director and Managing Director of the Company.