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Punj Lloyd Ltd. Company History and Annual Growth Details

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", "Management’s Discussions and Analysis
of Financial Condition and Results of Operations as per Consolidated Financial
Statements" and "Management’s 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 $800 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 India’s 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

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