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Shristi Infrastructure Development Corporation Ltd. Company History and Annual Growth Details

The Company has been promoted by The Peerless General Finance & Investment Company Limited (PGFIL) and co-promoted by The Assam State Housing Board (ASHB).

Peerless Abasan Finance Limited (PAFL) was incorporated on 3rd August, 1990 and the certificate of commencement of business was issued on 5th September, 1990. The Company was promoted by The Peerless General Finance & Investment Company Limited and is presently engaged in providing long term housing finance to individuals, co-operative societies and corporate bodies for purchase, construction and renovation of dwelling units.

The Company does not have any subsidiary at present.

2003 - Delisting of shares from Delhi, Madras, Ahmedabad and Bangalore Stock Exchanges.

2007

-Company name has been changed from Peerless Abasan Finance Ltd to Shristi Infrastructure Development Corporation Ltd

2008

- Shristi Infrastructure Board recommends dividend@ 10%.

2009

-Shristi Infrastructure Board recommended dividend of Re 0.50 (5 per cent) per Equity Share of Rs 10/- each fully paid up of the Company,

- Shristi Infrastructure - Shristi Hotel in Tie-up with Westin accelerates implementation.

2010

- Shristi Infrastructure Board recommended final dividend of Re. 0.50 (5 per cent) per Equity Share of Rs. 10/- each fully paid up of the Company.

--Registered Office of the Company has been shifted om "Ganga Jamuna Building", 28/1, Shakespeare Sarani, Kolkata - 700017 to Plot No. X-1, 2 & 3, Block -EP, Sector V, Salt Lake City, Kolkata - 700091

2011

- Shristi Infrastructure Board recommended dividend of 0.50 (i.e. 5%) per Equity Share of Rs 10/- each fully paid up of the Company.

2012

- Shristi Infrastructure Board recommended dividend of Re. 0.20 (i.e. 2%) per Equity Share of Rs. 10/- each fully paid up of the Company.

2013

-Board has recommended a dividend of Re. 0.25 (i.e. 2.5%) per Equity Share of Rs. 10/- each.

2014

-Mr. Sunil Jha has been appointed as a Managing Director of the Company.

-Board has recommended a dividend of Re. 0.30 (i.e. 3%) per Equity Share of Rs.10/- each.

2016
-Shristi Infrastructu - Updates on Scheme of Amalgamation
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