Popular Foundations Ltd. Company History and Annual Growth Details

Our Company was originally incorporated as ‘Popular Foundations Private Limited’ on November 30, 1998 as a private limited company under the Companies Act, 1956 with the Registrar of Companies, Tamilnadu at Chennai (“RoC”). Subsequently, pursuant to a special resolution of our Shareholders passed in the extra ordinary general meeting held on December 9, 2023 our Company was converted from a private limited company to a public limited company and consequently the name of our Company was changed to ‘Popular Foundations Limited’, and a fresh certificate of incorporation dated 20th December, 2023 was issued to our Company by the RoC, Tamilnadu at Chennai.

Major Events and Milestones:

1998

-Popular Foundations Pvt Ltd incorporated; promoted by A.S.Venkatesh with over ten years of prior experience

-Secured contracts for Educational institutions and industrial buildings from the beginning

1999

-Procured the first contract outside Chennai city

2000

-Became a leading contractor of institutional buildings

2001

-Operations expanded to Pondicherry, Villupuram, Thanjavur, Karaikal, Madurai, Coimbatore, and Trichy

-Became a member of Builders Association of India

-Achieved ISO 9000 certification

2005

-Secured the 25th contract

-Awarded Best Builder award from Southern Railway Employees Cooperative Society

2007

-Managing Director A.S.Venkatesh became the District Governor of Rotary International District 3230

-Established a separate department for Quality control and Quantity survey within the organization

2011

-Appointed a professional CEO

2013

-Awarded a contract to construct a green building, expanding the portfolio

2015

-Completed a 120,000 sq. ft. building in a record 120 days duration

2016

-Secured prestigious contracts for Hotel Novotel and Hotel Fairfield by Marriott, entering the hospitality industry

2018

-Achieved the milestone of the 100th contract

2021

-A.S.Venkatesh elected to serve on the board of Rotary International, headquartered in Chicago Consistently profitable every year

2023

-Received the Dr. KCG Verghese Excellence Award