Samay Project Services Ltd. Company History and Annual Growth Details

Our Company was incorporated on November 08, 2001 as “Samay Project Services Private Limited”, a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated November 8, 2001 issued by the Assistant Registrar of Companies, Tamil Nadu. Further, our Company was converted into a public limited company pursuant to a resolution passed by the Board of Directors in their meeting held on February 10, 2024 and by our Shareholdes at an Extra-Ordinary General Meeting held on February 29, 2024 and consequently the name of our Company was changed to ‘Samay Project Services Limited’ and a fresh certificate of incorporation dated August 07, 2024 was issued by the Registrar of Companies, Central Processing Centre. The corporate identification number of our Company is U74210TN2001PLC048005.

MAJOR EVENTS IN THE HISTORY:

2001

- Incorporation of our Company as a private limited company under the name ‘Samay Project Services Private Limited’

2008

- The erstwhile promoters, namely Mr. N Sashi Kumar and Ms. Smitha Sashi kumar transferred the business of our Company on a going concern basis, in its entirety barring a few assets and liabilities, by way of transferring their entire shareholding to Comfort Solutions Private Limited. The transfer of business and the shareholding have been undertaken pursuant to an agreement for transfer of controlling shareholding executed on March 07, 2008. Comfort Solutions Private Limited, subsequently, transferred its entire shareholding in our Company to our existing Promoters.

2011

- Our Company received the order for designing, engineering, supplying, assembling, testing and commissioning of piping and appurtenances for a 40 MW captive power plant project at Jharsuguda Orissa.

2013

- Enlistment as a Vendor with Bharat Heavy Electricals Limited

2018

- Received VDS Approval certificate

2020

- Our Company received an order for supply of material for Public Health Engineering (PHE) system required for development of infrastructure at Agalega Island, Mauritius.

2023

- Certificate of registration issued to certify that the quality management systems of our Company have been audited and have found to be compliant with standards prescribed under ISO 9001:2015

2024

- Converted to Public Limited Company and Name changed to “Samay Project Services Limited”