Aquired asahiinfra.in

ABOUT THE COMPANY:

Asahi Infrastructure & Projects Ltd. was formed in 1988. Its current cost per share is 1.35. The current market capitalization of the company is at 4.74 Cr. In the most recent quarter, the company reported gross sales of the amount of Rs. 236.13 Cr and Total Income of Rs.237.22 Cr. The company’s management includes Hitesh Gandhi, Yasmin Khan, Nilesh M Bhaiyya, Venkatarao Karri, Laxminarayan Rathi, Laxminarayan Rathi.

The company is registered on BSE with the BSE Code of 512535, NSE, with an NSE symbol of an ISIN number INE933C01036. Its registered office is Room No.302 3rd Floor of Yashwant Center at The Carter Road No.7, Opp. Railway Station, Borivali (E)Mumbai-400066, Maharashtra. Their Registrars are ACC Ltd. The auditors for ACC Ltd include BM Gattani & Co

Important Link for IPO’s:

Asahi Infrastructure & Project Ltd is involved in building homes within and around Akola that are suitable for all kinds of income groups. The company has completed road construction and other projects in addition to houses. Additionally, the company plans to construct small townships within urban and semi-urban regions.

The company was initially established as a Pvt ltd company on June 7, 1988, as Ramdeobaba contractors and housing finance corporation Pvt. The company was later converted to a Public limited company on 29th August 1990. The company’s name became Aashi Construction and Housing Finance Company Ltd, in April 1992. The company was promoted by Prof. L.J.Rathi along with S.L.Rathi. S.L.Rathi and is involved in the construction of homes within the vicinity of Akola that are suitable for all kinds of income groups.

2005

Asahi Infrastructure & Projects concludes agreement to sign an agreement Agarwal Properties Developer, Bhandara

The Company has divided its face value of shares from Re 10 to

2008

Asahi Infrastructure has assigned an E-mail ID for Investors complaints: aipl_567@in.com

2009

Asahi Infrastructure and Projects has received a work order for work from Centra1 in addition to the State Government Scheme for construction of Housing and Infrastructure located at N.P. Narkhed Dist. — Nagpur to construct 680 houses worth about Rs. 7.73 Crores.

A.I.P. has been issued a Work Order from the Central and State Government Scheme for the construction of Housing and Infrastructure, worth approximately Rs. 22.67 crores. This project lies in Nagar Parishad Hingoli Dist. The project is located in Nagar Parishad Dist. Hingoli for the construction of 1418 homes.

Asahi Infrastructure & Projects received a Work Order from the Central and State Government for the construction of Housing and Infrastructure Scheme, situated in Nagar Parishad Pauani Dist.– Bhandara that is worth approximately Rs. 24.99 crores to construct 1069 houses.

The Company has established a 100% subsidiary Company called Asahi Infrastructure & Projects Ltd. FZE in Hamriyat Free Zone Authority in Dubai, UAE

Asahi Infrastructure gets a Work Order valued at 7.75 Crores. 7.75 Crores

2010

The Company has Consolidated its Face value of shares from Rs 1 to Rs 10

Asahi Infrastructure has received work orders of the amount of Rs. 18.31 Crore

Asahi Infrastructure has been awarded construction work in the amount of an amount of. 1022.35 Lacs

The company has been awarded an NH Work Order of Rs. 29.50 crores.

2011

Asahi Infrastructure and Projects has received a request for infrastructure development in Nagar Parishad Pawani (Dist. Bhandara) for Rs. 11 Cr. in the Integrated Housing and Slum Development Program (IHSDP). Also the company was given 2 work orders for 129 homes and infrastructure at Malkapur (Dist. Buldhana) in the context of IHSDP The cost was Rs. 2.52 Cr.

2012

The registered office of the company is moved in 2nd Floor, Vinayak Sankul, Tapadia Nagar, Akola 440005 and then to S-21, Ganga Nagar, Washim Naka Bye pass Road, Akola- 444002.

2016

Asahi Infrastructure and Projects Ltd has informed the company that its registered office address has changed as follows Room No.302 3rd floor Yashwant Shopping Center, Carter Road No.7, Opp. Railway Station, Borivali (E), Mumbai -400 066.

MANAGEMENT – ASAHI INFRASTRUCTURE AND PROJECTS

Name     –    Designation

Laxminarayan Rathi  –      Chairman & Managing Director

Venkata Rao Karri   –     Ind. Non-Executive Director

Yasmin Khan  –      Ind. Non-Executive Director

Hitesh S Gandhi   –     Director

Nilesh M Bhaiyya  –      Ind. Non-Executive Director

Registered Address

B-302, Yashwant Shopping Center,

Opp Borivali Railway Station,, Borivali East,

Mumbai

Maharashtra

400066

Tel: 022-2450282

Fax: 022-2450532

Email: asahi.akola@yahoo.com

Website: asahiinfra.in

Group: N.A.