ILandFS Transportation Networks Ltd.

Brief Corporate History of our Company
 
 Our Company was incorporated under the Companies Act, 1956 on
 November 29, 2000 as
 Consolidated Toll Network India Private Limited. The name of our
 Company was changed to
 Consolidated Toll Network India Limited pursuant to change in the
 status of our Company to a public limited company. The word private
 was deleted from the name of our Company pursuant to a special
 resolution of the shareholders of our Company dated March 28, 2002.
 The fresh certificate of incorporation consequent to change of name
 was issued by the RoC on July 22, 2002. The name of our Company was
 further changed to Consolidated Transportation Networks Limited,
 indicating the growing business profile of our Company, pursuant to a
 special resolution of the shareholders of our Company dated July 5,
 2004 and a fresh certificate of incorporation was granted to our
 Company by the RoC on September 24, 2004. Subsequently, the name of
 our Company was changed to IL&FS Transportation Networks Limited
 pursuant to a special resolution of the shareholders of our Company
 dated September 29, 2005 and a fresh certificate of incorporation was
 granted to our Company by the RoC on October 18, 2005. The said change
 of the name of our Company was intended to avail the
 benefit of the ‘IL&FS’ brand, its goodwill in the surface transport
 sector and to establish affiliation of our Company with the IL&FS
 group.
 
 Our Company is not operating under any injunction or restraining
 order.
 
 Changes in the Registered Office
 
 Since incorporation, the Registered Office of our Company has been
 situated at ‘The IL&FS Financial Centre’, Plot No. C 22, G Block,
 Bandra-Kurla Complex, Bandra (East), Mumbai 400 051, India and there
 have been no changes to the same.
 
 Major                                       Events and Milestones
 
 Calender Year Events
 
 February, 2001                       Commercial Operation of ‘NOIDA
 Toll Bridge’ project
 
 November, 2001                    Concession for ‘North Karnataka
 Expressway’ project was awarded to North Karnataka
                                                Expressway Limited by
 the NHAI
 
 December, 2001                    Investment in the equity share
 capital of North Karnataka Expressway Limited
 
 March, 2002                          Equity investment by ORIX Auto &
 Business Solutions Limited*
 
 February, 2003                       Commercial Operation of
 ‘Ahmedabad Mehsana Toll Road’ project
 
 December, 2003                     Further equity investment by ORIX
 Auto & Business Solutions Limited*
 
 March 2004                            Concession for
 ‘Thiruvanathapuram City Roads Improvement Project’ granted to
                                               Thiruvanathapuram Road
 Development Company Limited by the Kerala Road Fund Board
 
                                                Investment in the
 equity share capital of Thiruvananthapuram Road Development
                                               Company Limited
 
 July, 2004                               Commercial Operation of
 ‘North Karnataka Expressway’ project
 
 March, 2005                           Concession for ‘West Gujarat
 Expressway’ project granted to West Gujarat Expressway
                                                Limited by the NHAI
 
                                                 Investment in the
 equity share capital of West Gujarat Expressway Limited
 
 January, 2006                          Partnership & Development
 Agreement for ‘Mega Highways’ project granted to Road
 
                                                 Infrastructure
 Development Company of Rajasthan Limited by the Government of        
                                                                       
      Rajasthan
 
 March, 2006                            Investment in the equity share
 capital of Noida Toll Bridge Company Limited
 
                                                 Concession for
 ‘Andhra Pradesh Expressway’ project awarded to Andhra Pradesh
                                                 Expressway Limited by
 NHAI
 
                                                 Investment in the
 equity share capital of Andhra Pradesh Expressway Limited
 
 December, 2006                      Investment in the equity share
 capital of Gujarat Toll Road Investment Company Limited
 
                                                 Equity investment by
 Trinity Capital (Two) Limited*
 
 March, 2007                            Equity investment by GS
 Strategic Investments Limited*
 
 January, 2007                          Programme Development
 Agreement for ‘Chhattisgarh Accelerated Road Development
                                                 Programme’ executed
 between Government of Chhattisgarh and Infrastructure Leasing &
                                                 Financial Services
 Limited
 
 August, 2007                           Concession for ‘East Hyderabad
 Expressway’ project awarded to East Hyderabad
 
                                                 Expressway Limited by
 the Hyderabad Urban Development Authority and Hyderabad
                                                 Growth Corridor
 Limited
 
 October, 2007                         Investment in the equity share
 capital of East Hyderabad Expressway Limited
 
 February, 2008                        Programme Development Agreement
 for ‘Jharkhand Accelerated Road Development
 
                                                 Programme’ executed
 between Government of Jharkhand and Infrastructure Leasing &
                                                 Financial Services
 Limited
 
 March, 2008                           Commercial Operation of Phase -
 I of ‘Thiruvanathapuram City Roads Improvement
                                                 Project’
 
                                                 Further equity
 investment by Trinity Capital (Two) Limited and GS Strategic
 Investments
                                                 Limited*
 
                                                 Equity investment by
 SCB Asian Infrastructure Fund*
 
                                                  Acquistion of
 Elsamex S.A.
 
 May, 2008                              Commercial Operation of ‘West
 Gujarat Expressway’ project
 December, 2008                     Investment in equity share capital
 of Vansh Nimay Infraprojects Limited
 
 March, 2009                           Commercial Operation of the
 ‘Mega Highways, Project.
 
 April, 2009                               Concession for the ‘Beawar
 Gomti’ project awarded to ITNL Road Infrastructure
 
                                                 Development Company
 Limited by the Department of Road Transport & Highways
 
 May, 2009                               Amendment to the concession
 in relation to ‘Thiruvanathapuram City Roads Improvement
 
                                                Project’ granted to
 Thiruvanathapuram Road Development Company Limited by the
                                                Kerala Road Fund
 Board
 
 August, 2009                         ‘Letter of Award’ issued for the
 project ‘4 laning of Warora Chandrapur Bamni Road in the
                                               state of Maharashtra’
 
 September 2009                     Concession for the ‘Ranchi Ring
 Road’ project awarded to Jharkhand Road Projects
 
                                                Implementation Company
 Limited by the Government of Jharkhand
 
                                                Concession for the
 ‘Pune Sholapur’ project awarded to Pune Sholapur Road Development
                                                Company Limited by the
 NHAI
 
                                                Commercial Operation
 of ‘Andhra Pradesh Expressway’ project.
 
 October 2009                         Concession for the ‘Hazaribagh
 Ranchi’ project awarded to Hazaribagh Ranchi
                                                Expressway Limited by
 the NHAI
 
                                                 Concession for the
 ‘Patratu Dam Ramgarh Road’ project awarded to Jharkhand Road
                                                 Projects
 Implementation Company Limited by the Government of Jharkhand
 
                                                Concession for the
 ‘Ranchi - Patratu Dam’ project awarded to Jharkhand Road Projects
                                                 Implementation
 Company Limited by the Government of Jharkhand
 
 December 2009                       Concession for the ‘Gurgaon
 Metro’ project awarded to Rapid MetroRail Gurgaon Limited
                                                  by the Haryana Urban
 Development Authority
 
                                                 ‘Letter of Award’
 issued for the project ‘Moradabad Bareilly section of NH-21 in the
 state
                                                  of Uttar Pradesh’
 
 Changes in the activities of our Company during the last five years
 
 Except as otherwise stated in the sections titled Our Business and
 Management’s Discussion and
 Analysis of Financial Condition and Results of Operations, on pages
 70 and 300, respectively, there
 have been no changes in the activities of our Company during the last
 five years preceding the date of
 this Red Herring Prospectus, which may have had a material effect on
 our profits or loss, including
 discontinuance of our lines of business, loss of agencies or markets
 and similar factors.
 
 Awards and Accreditations
 
 
 Year                                                      Awards /
 Accreditations
 
 October 2008                         ISO 9001:2000 certification
 awarded to our Company by Alberk QA International
                                               Technical Control and
 Certification Limited
 
 August 2008                          ‘ITNL Material Testing
 Laboratory’ at Chhattisgarh awarded certification by the Bureau
                                                 Veritas Certification
 (India) Private Limited2010
 
 - IL&FS Transportation Networks Ltd has appointed Mr. R. S. Chandra
 as an Additional Director of the Company effective May 25, 2010.
 
 2011
 
 - Board has recommended payment of final dividend of Rs. 3.50 per
 share.
 
 - IL&FS Transp - Signing of Concession Agreement with Government of
 Jharkhand.
 
 - IL&FS Transp - Letter of Award by National Games Secretariat, for
 development of Karyavattom Stadium on DBOT basis.
 
 2012
 
 - IL&FS Transp - Award of Road Rehabilitation Contract by Government
 of Haiti to Elsamex S.A. Spain a subsidiary of the Company.
 
 - IL&FS Transp - Letter of Award issued by NHAI for Four Lairing of
 Kiratpur to Ner-Chowk Section.
 
 - IL&FS Transp - Letter of Award issued by NHAI for Construction of
 New Bridges/Structures, Repair of existing Four Lane Highway.
 
 - IL&FS Transp - Letter of Award issued by Public Works Department,
 Rajasthan on behalf of Ministry of Road Transport and Highway.
 
 - IL&FS Transportation bags order to develop Multi level Automatic
 Car parking facility in Hyderabad.
 
 - IL&FS Transp - Award by Haryana Urban Development Authority for
 developing the 6.5 km rail Metro Link Extention from Sikander.
 
 - IL&FS Transp - Award of contract to Elsamex S.A., Spain for the
 Maintenance of Abu Dhabi A1 Ain Highway (E22) and Truck Road.
 
 2013
 
 -IL&FS Transportation received  award of Road Maintenance Contracts
 in Portugal to a subsidiary of Elsamex S.A. Spain
 -IL&FS Transportation has  Financial tie up for four laning of
 Khed-Sinnar section of NH-50 in the State of Maharashtra
 -IL&FS Transportation - Award of Road Maintenance Contract in Ukraine
 to Elsamex S.A. 
 -IL&FS Transportation - IL&FS Transportation Networks signs Joint
 Venture Agreement 
 
 -Update on signing of Concession Agreement with National Highways
 Authority of India for Six-Laning of Barwa-Adda-Panagarh Section of
 NH-2 from km 398.240 to km 521.120 including Panagarh Bypass in the
 States of Jharkhand and West Bengal under NHDP Phase V on DBFOT
 Basis
 
 -IL&FS Transportation - 5th KPMG Infrastructure Awards 2013
 -IL&FS Transportation - Inauguration of Rail Metro Link from Delhi
 Metro Sikanderpur 
 -IL&FS Transportation inks JV agreement with Chinese Company
 
 2014
 
 -IL&FS Transportation - on Financial tie up for Development of
 Srinagar 
 -Award of Road Contract under Output and Performance Road Contracts
 System (OPRC) in the Botswana to Elsamex S.A.Spain
 -IL&FS Transportation starts commercial operations in AP
 -IL&FS Transportation bags project in Kerala
 -IL&FS Transport signs agreement with Government of India
 -IL&FS TN arm receives contract worth Rs 1348.52 cr
 -IL&FS Transportation Networks has announced  Rights in the Ratio of 
 27 : 100
                                         
 2015
 - Concession Awarded for Four laning of Moradabad 
 -IL&FS Transportation Networks Ltd signed the Roads & Building
 Department, Government of Gujarat for development of 8 Railway Over
 Bridges (ROBs) in the State of Gujarat 
 - IL&FS Transportation wins 2 road upgradation proj from MPRDCL
 -IL&FS Trans wins road project in Maharashtra
 -IL&FS Transportation Networks Ltd  wholly owned subsidiary Amravati
 Chikli Expressway Limited has signed concession agreement 
 -IL&FS Transportation Networks has issues rights to its existing
 shareholders in the Ratio of 1:3
 
 2016
 -IL&FS Transportation Networks Ltd. has informed  regarding Update on
 Bid submitted to Chennai Metro Rail Ltd. for Design Validation and
 Construction of works of underground stations.
 -continuation to the Routine Maintenance Contract awarded for Tyler
 District,
 
 The Company also received the Golden Peacock Award for Corporate
 Social Responsibility for the year 2016
                                          
 2017
 
 -L&FS Transportation Networks Limited (ITNL) on Thursday said a
 consortium led by its Singapore arm has bagged a road contract worth
 around USD 165 million (approx Rs 1,100 cror
 
 -IL&FS Transportation said it has sold its entire stake in Andhra
 Pradesh Expressway (APEL) to Cube Highways & Infrastructure,
 Singapore for Rs 140 crore, 
 
 2019
 
 - IL&FS group cos to sell 494 acres land to pare debt
 
 -The company received Infrastructure Company of the Year from 6th EPC
 World Awards for the Rajasthan Mega Highway Project..
 
 -Thiruvananthapuram City Road Improvement Project received a Special
 Award for Outstanding Project from TrafficInfra Tech.
 
 -The company received an award for Corporate Social Responsibility
 for the best Community Development for Baleshwar Fishery Project
 supported by Baleshwar Kharagpur Road project of the Company.