| The Company was originally incorporated at Gandhinagar as ÂAkash Infra-Projects Private Limited on May 14, 1999 under the provisions of the Companies Act, 1956. Consequent upon the conversion of the Company to a Public Limited Company pursuant to Shareholders resolution passed at the Extraordinary General Meeting of the Company held on August 31, 2016 the name of the company was changed to ÂAkash Infra-Projects Limited" vide fresh Certificate of Incorporation dated September 27, 2016 was issued by the Registrar of Companies, Ahmedabad, Gujarat bearing Corporate Identification Number (CIN) U45209GJ1999PLC036003. The company is engaged into the business of civil construction and has undertaken various government contracts for construction of roads. We are primarily into the Construction of roads, resurfacing, widening repairs of roads and Minor bridges etc. the Company has proven track record of successful completion of various road projects since the incorporation in the state of Gujarat. We are currently serving in the in central and northern region of Gujarat. the Promoters Mr. Yoginkumar H. Patel holds a Bachelor of Civil Engineering from Saurashtra University, who is having more than 2.5 decade of experience in the field civil constructions and Mr. Ambusinh P. Gol holds a diploma in Civil Engineering from Technical Examinations Board-Gujarat State who, is having more than 2.5 decade of experience in the field civil constructions. the Company has grown in size from the rich experience of promoters and dedicated team of engineers, technicians and has expanded its operation because of their association with us. Key Events and Milestones : 2000 -Incorporation of Company on May 14, 1999 2006 -Declaration of Dividend @ 25.00 % i.e Rs 2.50 Per Share 2007 -Declaration of Dividend @ 25.00 % i.e Rs 2.50 Per Share 2008 -Declaration of Dividend @ 25.00 % i.e Rs 2.50 Per Share 2009 -Declaration of Dividend @ 25.00 % i.e Rs 2.50 Per Share 2010 -Declaration of Dividend @ 25.00 % i.e Rs 2.50 Per Share 2011 -Declaration of Dividend @ 10.00 % i.e Rs 1 Per Share 2012 -Declaration of Dividend @ 10.00 % i.e Rs 1 Per Share 2013 -Declaration of Dividend @ 10.00 % i.e Rs 1 Per Share 2014 -Declaration of Dividend @ 10.00 % i.e Rs 1 Per Share 2015 -Declaration of Dividend @ 10.00 % i.e Rs 1 Per Share 2016 -Declaration of Interim Dividend @ 10.00 % i.e Rs 1 Per Share 2017 -Conversion from Private Limited to Public limited on September 27, 2016. |
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