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Sunil Hitech Engineers Ltd. Company History and Annual Growth Details

The Company has been incorporated on 29th May 1998. The Company was
established with an objective to engaged in the business of fabrication, erection
and commissioning related works required for power plants. The company was
formed with taking over of proprietorship concern M/s. Sunil Engineering Works
(SEW) with Shri Ratnakar M. Gutte as a proprietor, which was in existence since
1984. The company is registered with the Registrar of Company, Mumbai, and
Maharashtra having registration no 11-115155. The company was converted into
Sunil Hitech Engineers Ltd (ÂSHELÂ or ÂThe CompanyÂ) on, 18th August 2005.

The Registered office of the company is situated at Parli-Vaijnath, Maharashtra and
its Corporate Office at 97, East High Court Road, Ramdaspeth, Nagpur, and
Maharashtra. The company also has its site offices situated at the sites at which
it carries out its activities.

Sunil Hitech Engineers Limited is an ISO 9001:2000 Company that has established
its name as one of the leading infrastructure development company that is firmly
focused in the evergrowing Power Sector. The company specializes in Fabrication,
Erection, and Testing & Commissioning of Thermal Power Plants with high precision
quality and timeliness. The Company has come a long way and has stabilized its
operations with an annual turnover of around Rs. 690 million. It has also
acquired sufficient assets by way of heavy construction equipment and best of the
human resources with adequate experience enough to compete with large Corporate.

The clientele of Sunil Hitech Engineers Limited includes heavy weights like Bharat Heavy
Electricals Limited, Mahatrastra State Power Generation Company Limited, Rajasthan
Viduyt Utpadan Nigam, National Thermal Power Corporation, Reliance Energy Limited,
Jindal Steel & Power Ltd., Madhyapradesh State Eelct Board, Chattisgarh State Elect
Board, Tamilnadu State Elect Board, Ahmedabad Electricity Co Ltd, Hindusthan Steel
Construction Co, Gammon India Ltd, Larsen & Toubro Ltd, Punj Lloyd, Gannon Dunkerly
& Co Ltd, UB Engineering Ltd, Simplex Concrete Piles (India) Ltd, Skoda Export (India)
Limited, Engineers Project India Limited, Sterlite Industries, BALCO, etc.

Major Events:

Year Event

2005 The Company declared and disbursed Bonus in the ratio 1:1.5
to ail their employees

2005 The Company has logged a turnover of Rs.690M in 04-05 which is
a remarkable growth @ 96% than previous year performance. In
2003-04 the growth rate was 68% than the previous financial year
02-03.

2005 At NTPC, Vindhyachal STPS, Sunil Hi Tech is carrying out the
fabrication of large dia piping to the tune of dia 3220mm for
BHEL, Piping Centre, and Chennai with automatic Submerged Arc
Welding at site. The value of Contract is Rs.406 Lacs.

2005 The Managing Director, on behalf of the Company received
National Awards "Life Time Udyog Achievement Award 2004" by
EGSI & "Great Achiever in Industrial Excellence Award 2004" by
IOCI at India Habitat Centre, New Delhi

2005 The Company also entered into supply of pressure parts and
recently bagged the contract for supply of reheator coils and
bends at TNEB, Tuticorin by competing with giants in the
industry like BHEL & ALSTOM. The value of the Contract is
Rs.362 Lacs

2005 The Company also entered into EPC Contract by bagging the job
of Fuel Oil Unloading and storage tank system at MSPGCL, Paras.
The value of the contract is Rs.568 Lacs

2005 M/s NTPC has awarded the certification for excellence in
Safety at their Rihand Super Thermal Power Station

2004 & The company bagged the contracts of Structural works with
2005 supply of Stock at Parli & Paras TPS, 1X250MW each through
M/s MSPGCL, Mumbai. The value of Contract is Rs.7992 Lacs.

2004 The Company bagged a direct contract from M/s NTPC for SG Area
Civil works package, Stage-II of 2x500MW at NTPC, Sipat. The
value of Contract is Rs.2452 Lacs.

2004 Carried out the job of Modernisation of Boiler at Ennore TPS
through M/s SKODA EXPORT, CZECH Republic.
The job is first of its kind in India.

2004 M/s SEPCO honoured the Company for remarkable and splendid
safety performance at BALCO, CPP and Korba.

2G04 Bagged the contract from M/s SEPCO, a Chinese firm for erection
of 2x135MW Boilers for BALCO, CPP, and Korba. The value of
Contract is Rs.1174 Lacs

2003 M/s DET NOHSKE VERITAS Certified Sunil Hi-Tech Engineers
Pvt. Ltd., as ISO 9001:2000 Company for their quality
management system in March 2003. The validity of certification
is March'2006.

2002 The Company bagged the structural job from M/s REL at Panipat
TPS & Completed 8500MT of fabrication & 8500MT of erection in
a year. The value of contract is Rs.687 Lacs.

1999 At Suratgarh 250MW, Unit-4, Structural works, the company have
completed 9256MT of fabrication & 9346MT of erection in a
single year. The value of contract is Rs.577 Lacs

1998 The Company bagged the Structural work with supply of steel at
MSEB, Khaperkheda. The value of contract is Rs. 1907 Lacs.

1998 Converted to Sunil Hi-Tech Engineers Pvt. Ltd., from Sunil
Engineering Works

1998 At Suratgarh 250MW, Boiler auxiliaries work completed to suit
fast track commissioning program. The value of the contract is
Rs.201 Lacs.

1996 At Vindhyachal STPS, Unit 7&8, 500MW Units bunker structure was
completed ahead of completion schedule. The value of the
contract is Rs.589 Lacs

1995 At Chandrapur 500MW Boiler auxiliaries work completed to suit
fast track commissioning program. The value of contract is
Rs.165 Lacs.

2007

- Sunil Hitech Engineers Ltd has appointed Mr. Dilip Yeshwant Ghanekar as an Independent Director of the Company.

-Sunil Hitech Engineers Ltd has appointed Mr. Vijay R Gutte & Mr. Sajid Ali, as Additional Directors of the Company.

- Sunil Hitech Engineers Ltd has informed that the Board of Directors of the Company at its meeting held on December 28, 2007, has appointed Mr. Parag A Sakalikar as an additional director of the Company.

2010

- Sunil Hi Tech Engineers bagged the balance of plant (BOP) contract for Mahagenco's 250 MW Parli TPS project.

2011

- The Board of Directors approved the acquisition of 51% stake of I-Tec India Pvt. Ltd a global Company operates in the field of Soils Stabilisation, ecological road infrastructure and approved the Shareholders Agreement to be executed to that effect.

2012

- "Sunil Hitech bags order of more than Rs. 370.00 crores".

2013

-Sunil Hitech Engineers Ltd has been appointed Mr. Lalit Vidhani as a Chief Financial Officer of the Company.

-Board has recommended a Dividend of Rs. 1.20 per share for the year 2013.

2014

-Mr. Anil Aurangabadkar has been appointed as an Independent Director of the Company.

-Board has recommended a Dividend of Rs. 1.20 per share for the year 2014.

2015
-Sunil Hitech Engineers get first order from Kanpur Development Authority
-Sunil Hitech Engineers Ltd. bags Madhugiri Chikkaballapura-Mulbagal Road Project
-Sunil Hitech commissions its maiden Green Energy Project
-Sunil Hitech commissions its first solar project at Solapur
-Sunil Hitech Engineers awarded Road EPC projects worth Rs. 474 crores in Bihar
-Sunil Hitech Engineers awarded Ash Dkye Package for Kudgi Super Thermal Power Project

2016
-Sunil Hitech Engineers Ltd has informed that the Registered office of the Company is shifted from ÂRatnadeepÂ, Jaynagar Parli, Vaijnath, Beed-431520 to 6th Floor, C - Wing, MET Educational Complex, Gen. A.K.Vaidya Marg, Bandra Reclamation, Bandra (W), Mumbai-400050 w.e.f. February 25, 2016.
-Sunil Hitech Engineers gets project worth Rs 415 crores in Bihar
-Sunil Hitech Engineers bags EPC project worth Rs 434 crores

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