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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

2019

-Company has been awarded ''Best Township Developer of the Year: Non Metro'' at the 11th Realty Plus Conclave & Excellence Awards 2019 (EAST), held on 14th March 2019 at JW Marriott, Kolkata.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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