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DB Realty > Company History > Construction & Contracting - Real Estate > Company History of DB Realty - BSE: 533160, NSE: DBREALTY
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DB Realty

BSE: 533160|NSE: DBREALTY|ISIN: INE879I01012|SECTOR: Construction & Contracting - Real Estate
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Company History - DB Realty
 Our Company was originally incorporated as a public limited company
 in the name of D B Realty Limited, 
 under the Companies Act, on January 8, 2007 and received certificate
 for commencement of business on 
 February 28, 2007. Our Company was converted to a private company and
 the name was changed to D B Realty 
 Private Limited, pursuant to a shareholders resolution dated May 14,
 2007 and received a fresh certificate of 
 incorporation on July 9, 2007. Subsequently, our Company was
 converted to a public company and the name 
 was change to D B Realty Limited, pursuant to a shareholders
 resolution dated September 5, 2009 and received 
 a fresh certificate of incorporation on September 23, 2009. 
  
 Our Company has been engaged in the business of real estate
 development and there has been no change in the 
 activities being carried out by our Company since its incorporation. 
 
  
 Changes in the Registered Office  
   
 At the time of incorporation, the registered office of our Company
 was Dynamix House, Gen. A.K. Vaidya 
 Marg, Goregaon (East) Mumbai 400 063. Pursuant to change in the name
 of the premises where our Companys 
 registered office is situated, the details of the registered office
 were amended to reflect the present registered 
 office at DB House, Gen. A.K. Vaidya Marg, Goregaon (East) Mumbai 400
 063 on June 28, 2008. 
  
 Major Events and Milestones 
 
 Date                                                                 
                Events  
 
 March  2007                    Consolidation of all FDI compliant
 projects of the group under our                                      
                                 Company. 
 
 April,    2007                    Investment by IL&FS Trust Company
 Limited, IL&FS Realty Fund LLC (subsequently transferred 
                                         to IIRF Holdings VI Limited),
 Bollywood Mauritius Holdings and Trinity Capital (Eleven) Limited in 
                                         810,000 compulsarily
 convertible  preference shares and 810,000 Equity Shares, at Rs.
 4,000 each,                                         aggregating to
 Rs.6480 million.
 
 December 
 2008                               Received certificate of ISO
 9001:2008 certifying the quality management system of our Company. 
 
 
 
 March 2009                    Investment, by way of subscription to
 937,500 compulsory convertible debetures, by Walkinson 
                                        Investments Limited for an
 aggregate amount of Rs. 5,250 million. 
 
 Sept-2009                      Conversion of an aggregate of 810,000
 convertible preference shares into 810,000 Equity Shares 
                                        by IL&FS Trust Company
 Limited, IIRF Holdings VI Limited, Bollywood Mauritius Holdings and
 Trinity 
                                       Capital (Eleven) Limited. 
 
 
 2010
 
 - D B Realty Limited acquires the right to develop prime Bandra
 Property.
 
 - D B Realty Ltd acquires 100% stake in L&T Bombay Developers Pvt.
 Ltd.
 
 2011
 
 - Vinod Goenka has been appointed as executive chairman and managing
 director of the company.
 
 - Shahid Balwa has also been appointed as vice chairman and managing
 director of the company. 
 
 - Jayvardhan Goenka and Salim Balwa as additional directors.
 
 2012
 
 - Mr. N. M. Gattu has been appointed as Chief Finance Officer of the
 Company.
 
 - Vinod Goenka, Executive Chairman and Managing Director has been
 re-appointed as Chairman-cum-Managing Director.
 
 2014
 
 - The DB Woods, Goregaon (East), a development comprising 3
 residential towers of 55 stories each and 630 flats, by a subsidiary
 Company of D B Realty, has received Full Occupation Certificate and
 the project is the tallest residential development in the Mumbai
 Suburbs. The Company is proud to report the handover of the
 development to its customers.
 
 2015
 - Gokuldham Real Estate amalgamates with D B Realty.
Source : Dion Global Solutions Limited
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