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Noida Toll Bridge Company Ltd. Company History and Annual Growth Details

1996 - The Company was Incorporated on April 8th, under the Companies
Act, 1956 for the purposes of developing, establishing,
designing, constructing, operating and maintaining the Project.

- NTBCL is a Special Purpose Vehicle promoted by IL&FS.

1997 - On November 12, a Concession Agreement was entered into by NOIDA,
NTBCL and IL&FS conferring to NTBCL, the right to Build, Own,
Operate and Transfer (BOOT) the Toll Bridge and the other Project

- Authorised share capital of the Company is Rs 12,500 lakhs
divided into 12,50,00,000 No. of Equity Shares of Rs 10 each.

1998 - A deed of Adherence to the Shareholders Agreement has been
executed between NTBCL and IL&FS Trust Company Limited on behalf
of AIG on December, 21st.

- The land lease agreements comprising Delhi Land Lease Deed, Delhi
Lands Sub-Lease Deed and Noida Land Lease Deed were signed
between Government of NCT Delhi, NOIDA and the Noida Toll Bridge
Company on 23rd October.

- The Noida Toll Bridge Company Ltd. proposes to establish an
additional bridge across the river Yamuna as a toll bridge to
serve the needs of the region.

- The Company proposes to use a technology for the bridge which
involves a continuous box girder deck based design requiring less
raw materials for construction.

- The Company has allotted 2,50,00,007 No. of Equity Shares of Rs
10/- each fully paid up for cash at par.

1999 - Noida Toll Bridge Company, promoted by Infrastructure Leasing &
Financial Services (IL&FS) and New Okhla Industrial Development
Authority (NOIDA) in April 1996, for the purpose of
constructing the New Delhi-NOIDA link bridge on BOOT
(Build-own-operate-transfer) basis, is entering the capital
market with a simultaneous but unliked offer of deep discount
bonds (DDBs) aggregating Rs 50 crore and fully convertible
debentures (FCDs) aggregating Rs 20.78 crore.

- The company has set up a Fee Review Committee (FRC) to
monitor the toll charges.


-Awarded one of its bridge contracts at the Delhi end of the project to Afcons Infrastructure Ltd.


-Mr. Anup Mishra is appointed in his ex-officio capacity as Secretary, Dept. of Industrial Development, Govt. of Uttar Pradesh.

-Mr. Arun K Saha has resigned from the Board and Ms. Archana Hingorani was appointed alternate to Mr. Shahzaad Dalal.

-IDBI Nominated Mr Pradeep Kumar Sethi, Deputy General Manager, to join the Board of Directors w.e.f. September 24, 2002. The final Composition of the BOD as on date are : 1) Mr Gopi Arora 2) Mr RK Bhargava 3) Mr Prabil Raj 4) Mr P K Sethi 5) Mr Ravi Parthasarathy 6) Mr Hari Sankaran 7) Mr K Ramchand 8) Mr Stephen Temple 9) Mr Shahzaad Dalal 10) Mr Santosh Senapati 11) Mr Timothy Woodhead


-Registered Office of the Company has shifted from : Toll Plaza, DND Flyway, Opposite Sector 15A, Noida 201 301 TO : Present Address : 205, 2nd Floor, Ocean Plaza, Sector 18, Noida 201 301.

-Appointment of Dr. Om Prakash, CEO, has lapsed on September 16, 2003. Dr. Om Prakash's appointment was an ex-officio appointment and due to a change in his portfolio the re-appointment at the Annual General Meeting was not taken up.

-The final composition of the Board of Directors of the Company as on date is as follows: 1)Mr. Gopi Arora 2)Mr RK Bhargava 3)Mr T.T. Joseph 4)Mr. Prabil Raj 5)Mr. P.K. Sethi 6)Mr. Ravi Parthasarathy 7)Mr. Hari Sankaran 8)Mr. K Ramchand 9)Mr. Stephen Temple 10) Mr. Shahzaad Dalal 11)Mr. Santosh Senapati 12)Mr. Timothy Woodhead.

-Board approves increase in existing authorised share capital of the Company from Rs 1250 million to Rs 1500 million.

-Appointment of Mr. Brijesh Kumar, Chairman & CEO, NOIDA, in his ex-officio capacity; ii) appointment of Mr. Mohd. Haleem Khan, ACEO, NOIDA, in his ex-officio capacity.

-Corporate Debt Restructuring (CDR) empowered group of Banks and Financial Institutions approved the company's restructuring package on October 29, 2002 which was subsequently signed and issued via letter of intent


- Noida Toll Bridge Company Ltd has informed that the Board of Directors of the Company at its meeting held on October 26, 2006 has appointed Mr. Deepak Premnarayen as Additional Director of the Company.


-Noida Toll Bridge Company Ltd has appointed Mr. Sanjiv Saran, Chief Executive Officer, New Okhla Industrial Development Authority as Additional Director.
Oct 27, 12:00 am
Oct 27, 4:14 pm
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