Home  »  Company  »  Man Infraconstruction Ltd.  »  Quotes  »  Company History
Enter the first few characters of Company and click 'Go'

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.

2010

- Man Infracon - Man Infraconstruction Ltd. bags three orders from new Clients.

- Man Infracon - Man Infraconstruction Ltd bags orders worth Rs. 383 crore.

- The Company has recommended a final dividend of Rs. 1.80 per Equity Share.

2011

- Man Infracon - Man Infraconstruction Ltd has signed MoU with STFA.

- Man Infracon - Man Infraconstruction Ltd bags orders worth Rs 95 crore.

- The Company has recommended a Dividend of Rs 1.80 per share.

2012

- The Company has Recommended Final Dividend of 4.50 per share.

- Mr. Bergis Desai is appointed as the Chairman of the Company.

- Mumbai-based Man Infraconstruction Ltd today said that it has bagged Rs 62 crore order from Adani Estates Pvt Ltd.

2013
-Man Infraconstruction Ltd has recommended Final Dividend of Rs. 2.25 per share per.

2014
-Man Infraconstruction Ltd has recommended Final Dividend of Rs. 1.35 per share per.

2015
-Man Infraconstruction wins new order
Man Infraconstruction owned entity obtains Development Rights to develop property at Revenue Village
-Man Infraconstruction group Company is in the process of signing MoU for redevelopment of buildings at Naidu Colony, Ghatkopar, Mumbai

2016
-Man Projects Limited, a subsidiary of Man Infraconstruction Limited receives order worth ` 751.69 Crore from Bharat Mumbai Container Terminals Private Limited.
- Man Infraconstruction Limited group entity has acquired Development Rights for redevelopment of 3 residential buildings at Naidu Colony, Ghatkopar.


2017
-Man Infracon arm launches 1st phase of Ghatkopar project in Mumbai.
-Man Infracon bags Rs 91.92 cr order from Indian Port Rail Corporation ltd.

2018
-Man Infraconstruction Limited has received orders worth Rs. 220.75 Crores from Pimpri Chinchwad Municipal Corporation (PCMC) under the Pradhan Mantri Awas Yojna (PMAY) Housing Scheme.

2020
-Man Infraconstruction Limited has received a Letter of Acceptance for work worth Rs. 78.83 Crore from Indian Port Rail & Ropeway Corporation Limited.

2021
-MICL Group to jointly develop Luxurious Residential Project at Tardeo, Mumbai having carpet area for sale of ~ 6 lakh sq. ft.
-Man Infra gains on launching realty project in Mumbai.

-Company has issued Bonus Shares in the Ratio of 1:2.

2022

- "MICL Group to launch a premium residential project, Aaradhya Parkwood"

2023

- MICL Group one of the top developers bags Three Prestigious Awards, Cementing its Position as a Sterling Real Estate Player ''.
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X