Ansal Properties & Infrastructure Ltd

Summary

Ansal Properties & Infrastructure Limited (API) was incorporated in the year of 1967, it established as a result of a dream, shared by its visionary founders Shri Surendra Kumar Saigal and Charanjilal Ansal. A dream that was to, by building world-class real estate solutions, radically improve the lifestyle standards of the citizens. As for as, touching every facet of modern lifestyle with its signature of excellence with its versatile portfolio, Real Estate Promotion & Development, Education, Environment Upgradation, Retail Shopping Malls, Facilities Management, Township Development, Hospitality, Hotels & Clubs, Hi tech Engineering and IT parks, the company changing lifestyles for millions across the country and overseas also. Ansal & Saigal Properties Private Limited was the companys incorporated name furthermore it was changed to Ansal Properties & Industries Private Limited in November 10th of the year 1975. The Company again changed its status to a deemed public limited company in15th June of the year 1988. Afterward, the spectacular growth Ansal API at a stage where the company has acquired immense experience and became a Public Limited Company during the year 1990. During the year 2000, ICRA has downgraded the FD rating of the company from MB+ to MB indicating inadequate safety. In the year 2003, the companys shares delisted from Ahmedabad, Jaipur and UP Stock Exchanges. The Company had signed a Memorandum of Understanding (MoU) with UP Government. The company awarded... Read More