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Man Infraconstruction Ltd. Company History and Annual Growth Details

The Company was incorporated as Man Construction Private Limited on August 16, 2002. The name was changed
to 'Man Construction Limited' on July 15, 2004, reflecting the change in the constitution of the Company from a
private limited company to a public limited company under the Companies Act, 1956. The name was further
changed to 'Man Infraconstruction Limited' on November 3, 2006 pursuant to a special resolution of the
shareholders of the Company at an extraordinary general meeting held on September 18, 2006 to reflect the change
in the primary business focus of the Company. The fresh certificate of incorporation consequent upon the change of
name was granted on November 3, 2006 by the RoC.

Major Events:

Date Events

August 16, 2002 Man Construction Private Limited was incorporated.

July 15, 2004 The name of Man Construction Private Limited was changed to Man Construction Limited reflecting the
change in the constitution of the Company from a private limited company to a public limited company under
the Companies Act, 1956.

May 12, 2006 Pathare Real Estate and Developers Limited became a 100% subsidiary of the Company.

June 1, 2006 Pathare Real Estate and Developers Limited, a wholly owned subsidiary, merged with and into the Company.

August 23, 2006 The Company signed an MoU with Neelkanth Mansions and Infrastructure Limited for most-favored
customer.

September 19, 2006 Man Infraproject Limited became a subsidiary of the Company.

November 3, 2006 The name of the Company was changed from Man Construction Limited to Man Infraconstruction Limited to
reflect the change in the primary business focus of the Company.

November 9, 2006 Man Infraproject Limited became a 100% subsidiary of the Company.

November 29, 2006 The Company signed an MoU with Dynamix Group of Companies for most-favored customer.

December 1, 2006 Man Infraproject Limited, a wholly owned subsidiary of the Company, merged with and into the Company
effective December 1, 2006.

August 30, 2007 Man Projects Limited was acquired as a subsidiary of the Company.

August 14, 2008 The Company and the Promoters entered into a Share Subscription, Share Purchase and Shareholders
Agreement with SA 1 Holding Infrastructure Company Private Limited pursuant to which SA 1 Holding
subscribed to 1,800,000 Equity Shares and purchased a further 900,000 Equity Shares from Mrs. Indira K.
Shah.

February 16, 2009 The Company and the Promoters entered into a Share Subscription, Share Purchase and Shareholders
Agreement with SA1 Holding, Standard Chartered Private Equity (Mauritius) II Limited and Standard
Chartered Private Equity (Mauritius) III Limited pursuant to which SCPE II subscribed to 500,000 Equity
Shares and SCPE III purchased 950,000 Equity Shares from Mrs. Indira K. Shah.

March 24, 2009 Man Ajwani Infraconstruction Limited was incorporated as a subsidiary of the Company, pursuant to a
memorandum of understanding with Ajwani Infrastructure Private Limited.

October 1, 2009 Man Nirmal Infraconstruction Limited was incorporated as a subsidiary of the Company.

Our operations have been conducted through entities comprising Man Projects Limited and Man Ajwani
nfraconstruction Limited, our subsidiary companies, and the Company.

As at the date of this Red Herring Prospectus, the total number of holders of the Equity Shares is 216.
 
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