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Punj Lloyd

BSE: 532693|NSE: PUNJLLOYD|ISIN: INE701B01021|SECTOR: Infrastructure - General
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Company History - Punj Lloyd
The Company was incorporated on September 26, 1988 under the 
 Companies Act, 1956 as Punj Lloyd Engineering Private Limited. In 
 1989, the Company took over all the activities of the engineering, 
 turnkey and general construction division of the entity that was 
 formerly known as Punj Sons Private Limited. On July 11, 1989, the 
 name of the Company was changed to Punj Lloyd Private Limited. With 
 effect from July 1, 1992, the word Private was deleted from the
 name 
 of the Company under section 43A (1A) of the Companies Act. 
 Subsequently, the Company became a public limited company on July
 21,
 1992.
 
 The registered office of the Company was shifted from M 13, Connaught
 
 Place, New Delhi 110 001 to Punj House, 10/1 Nehru Enclave (East),
 New 
 Delhi 110 019 on January 2, 1989; and thereafter the registered
 office was 
 again shifted to Punj Lloyd House, 17-18 Nehru Place, New Delhi 110
 019 
 on November 1, 1989.
 
 Subsequently, pursuant to an order of arrangement and demerger
 between 
 Spectra Net Limited, Punj Lloyd Limited and Atna Investments Limited,
 which 
 was approved by the High Court of Delhi by its order dated August 16,
 2004, 
 the Company issued  and allotted 1,817 Equity Shares for
 consideration other 
 than cash to the shareholders of Spectra Net Limited on September
 29,
 2004.
 
 For further details of our financial performance, please refer to the
 sections 
 'Financial Statements, Business, Managements Discussions and
 Analysis 
 of Financial Condition and Results of Operations as per Consolidated
 Financial
 Statements and Managements Discussions and Analysis of Financial
 Condition 
 and Results of Operations as per Unconsolidated Financial Statements
 beginning 
 on pages 147, 62, 418 and 437 of this Red Herring Prospectus.
 
 1988 
 -The birth of Punj Lloyd Engineering Private Limited
 1989 
 -Renamed Punj Lloyd Private Limited
 1992 
 -Becomes Public Limited and wins its first oveseas pipeline contract
 in Indonesia
 1993 
 -Gets it first Middle East Contract for Field Development
 1999 
 -1st Road project, Vadodara-Halol Tollway, India
 
 2002 
 -Gains entry into the Caspian with KAM pipeline, Kazakshtan
 2004 
 -EPC Tank Contract in Asia Pacific, Bulk Liquid Terminal, Singapore 
 2005 
 -1st Thermal Power Plant, Jindal, India
 -Punj Lloyd has fixed its IPO price at Rs 700. The company has come
 out with public issue of 91.7 lakh shares, which include fresh issue
 of 83.5 lakh shares and the rest was offer for sale, with a price
 band of Rs 600-700 for Rs 10 share.
 
 2006 
 -Became a listed company 
 -Acquires Singapore-based Sembawang and Simon Carves, UK
 -Launches new brand identity
 -Adds petrochemicals, engineering, buildings and urban infrastructure
 projects like airports, jetties, Mass Rapid Transit, Light Rail
 Transit System, hotels, resorts, to its portfolio
 -Punj Lloyd joins hands with Kingdom of Saudi Arabia
 
 -Punj Lloyd Limited has informed  as follows: 1) Mr Sanjay Bhatnagar
 has been appointed as an Additional Director in the capacity of
 Independent Director and 2) Mr Keith Henry has resigned as Director
 of the Company.
 
 -Punj Lloyd Ltd has informed that Punj Lloyd Group, a global
 infrastructure services provider, has signed a large contract for
 construction of a LDPE plant at Thailand.
 
 --Punj Lloyd Ltd on Oct 19 said it has acquired the balance 12 per
 cent stake in Sembawang Engineers & Constructors through its wholly
 owned subsidiary, Punj Lloyd Pte Ltd, for about Rs 14 crore. 
 
 -Punj Lloyd joins hands with Swissport
 
 2007 
 
 -Punj Lloyd Upstream Ltd incorporated in April 2007 to address the
 opportunities in the Integrated Drilling Services market.
 
 -Joint venture with Pipavav Shipyard.
 
 -Punj Lloyd Ltd has appointed Mr. Scott R Bayman and Mr. P K Gupta as
 Additional Directors on the Board of the Company.
 
 - Punj Lloyd Limited has appointed Mr. Paul Birch as Group Head Human
 Resources for Punj Lloyd Group.
 
 - Punj Lloyd signs agreement with UAE firm.
 
 - The Company has splits its face value from Rs10/- to Rs2/-.
 
 -Punj Lloyd to acquire 25.1 % stake in Pipavav Shipyard Ltd
 
 2008 
 -Acquires 74% in Technodyne International UK. This design capability
 will make Punj Lloyd an end-to-end service provider in tanks and
 terminals.
 
 -Join hands with Singapore Technologies Kinetics for manufacture of
 defence equipment.
 
 -Partners with Thorium Power for Nuclear energy.
 
 -Punj Lloyd Ltd, has bagged engineering, procurement, installation
 and commissioning contract worth 0 million (Rs 3,636 crore) by
 Qatar Petroleum.
 
 2009
 
 - Punj Lloyd Ltd has appointed Mr. Atul Pasricha, a member of the
 Institute of Chartered Accountants of India and MBA from Darden
 School, University of Virginia as Group-Chief Financial Officer.
 
 -Punj Lloyd Group launches into Solar Utility Projects
 
 -Punj Lloyd wins two contracts. 
 
 2010
 
 - Punj Lloyd has bagged an order worth Rs 960 million from the
 Hyundai Engineering & Construction Company.
 
 - Punj Lloyd Ltd has informed that Sembawang Engineers and
 Constructors Pte Ltd, a subsidiary of the Company has been awarded a
 contract worth approximately Rs. 1394 crore (Rupees one thousand
 three hundred and ninty four crores) from Sentosa Pte Ltd Singapore
 for construction of Hotel, Spa, Beach Villas, an Oceanarium and Water
 Theme Park in Singapore.
 
 - Abu Dhabi Gas Development Company Ltd., a subsidiary of Abu Dhabi
 National Oil Company (ADNOC) has entered into four Engineering,
 Procurement, Construction and Commissioning (EPC) Contracts totaling
 to US$ 3,607 million in order to develop the Shah sour gas reservoir.
 These contracts have been awarded to international companies which
 include Indias Punj Lloyd.
 
 2011
 
 -Punj Lloyd Group has signed a 25 year Power Purchase Agreement with
 NTPC Vidyut Vyapar Nigam Ltd (NVVN) for sale of power from a 5 MW PV
 based Solar Power plant to be built at Phalodi area of Jodhpur
 district in Rajasthan. 
 
 -Punj Lloyd Group has bagged three oil & gas contracts in India, Oman
 and Indonesia totaling to Rs 645 crore. 
 
 -PL Engineering and GECI India to jointly offer Engineering Services
 in the Aerospace Sector
 
 -Company clinches a Rs. 735 crore BOT Annuity Project from NHAI
 
 -Comapny announced that it had bagged railway contract for Rs 114
 crore.
 
 -Company has bagged an order for 124 km long highway project from GMR
 for a whopping Rs 1,050 crore.
 
 -Company forays into Kenya, inks JV for project worth Rs 285 cr.
 
 2012
 
 -Punj Lloyd Group receives a letter of award from Delhi Police for
 Rs. 1300 crore social infrastructure project.
 
 -Company wins Rs 153 cr order from Singaporean company.
 
 -Company wins Rs. 664 crore residential Infrastructure projects.
 
 -Punj Lloyd Group wins Rs. 528 crore project to construct a new
 Prison.
 
 -Punj Lloyd Group bags Rs 1168 cr project in Hong Kong.
 
 2013
 -Punj Lloyd awarded the SICCI-DBS India Enterprise Award from the
 Singapore Indian Chamber of Commerce and Industry (SICCI).
 -Punj Lloyd wins project worth Rs 358 crores from Chennai Petroleum
 Corporation Ltd.
 -Punj Lloyd wins Subsea Pipeline Project in Mumbai Project worth Rs
 730 crores.
 -Punj Lloyd wins its first offshore project in the Middle East
 Project worth Rs 314 crores.
 2014
 -Punj Lloyd gets Rs 3254 crore Buildings and Infrastructure project.
 -With Rs. 1400 crore Tankage order Punj Lloyd ventures into a new
 country in Kuwait.
 -Punj Lloyd Group secures INR 666 crore Asian Highway contract from
 the Ministry of
 Road Transport & Highways
-Punj Lloyd wins Rs. 3,515 CroreTank Farm
 Project for PETRONAS Rapid Project in Malaysia.
 -Punj Lloyd Ltd has a wholly owned subsidiary of Punj Lloyd Limited,
 has been awarded an Integrated Construction Contract.
 
 2014
 -Punj Lloyd Ltd In relation to the Fourth Transmission Pipeline
 contract (FTP Contract), awarded by PTT Public Company Limited
 -Inauguration of 600MW (2X300 MW) capacity Haldia Thermal Power
 Plant
 of Haldia Energy Limited constructed by Punj Lloyd
 
 2015
 -Punj Lloyd earns third road project from NHAI in Bihar
 -Punj Lloyd receives two orders from NTPC for rural electrification
 of Puri and Koraput in Odisha

 -India To Get Its First Online P2P Marketplace For Rent And Sale Of
 Construction Equipment 
 -Punj Lloyd enters the Transmission and Distribution segment in the
 power sector 
 -Punj Lloyd builds 1.2 MWp solar rooftop power plants in Chandigarh
 
 2016
 -Punj Lloyd announces four Highway contracts worth Rs 1555 crore pan
 India
 -Punj Lloyd wins Pipeline contracts worth Rs. 2,070 crores (US$ 304
 million) in Oman
 -Punj Lloyd wins Rs 308 crore infrastructure order in Dubai
 
Source : Dion Global Solutions Limited
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