The Comp. was originally incorporated as Ansal and Saigal Properties Pvt. Ltd on June 30, 1967 & subsequently changed name to Ansal Properties and Industries Pvt. limited on November 10, 1975.
The Comp. again changed its status to a deemed public limited Comp. effective 15th June 1988, u/s 43A of Act. Subsequently, by a Special Resolution passed by shareholders in their Extra Ordinary General Meeting held on 30th March, 1990 restriction u/s 3[1s][iiis] of Act were deleted from the Articles of Comp. & the Company, as such, became Public Limited Comp. within the meaning of Section 3[1s][ivs] of Act.
The Comp. is engaged in Real Estate Promotion, Construction & Development activities. The Comp. executes contracts for building residential complexes, commercial complexes etc.
The Comp. has so far completed 66 projects in India & 5 projects in Iraq with an aggregate contract value of Rs.197.11 crores & Rs.86.50 crores respectively.
The Comp. was promoted in the year 1967 by Shri Surendra Kumar Saigal & Late Shri Charanjilal Ansal.
2000 - Icra has downgraded the FD rating of Comp. from MB+ to MB indicating 'inadequate safety'.
2003 -Board approved delisting of equity share from Ahmedabad, Jaipur & UP Stock Exchanges
2005
-Ansal Properties and Infrastructure signs an MoU with UP govt
2006
-Ansal Properties and Infrastructure Limited has appointed Mr. Anup Kapoor as Chief Financial Officer of Company.
2007
-Ansal Properties and Infrastructure Ltd has signed two Agreements with IL&FS Investment Managers [IIMLs], the private equity arm of IL&FS to develop two Projects of Township & IT SEZ in Gurgaon, Haryana.
-Ansal Properties & Infrastructure Ltd [Ansal APIs] inked a Memorandum of Understanding to form a joint venture Comp. with UEM Builders, a subsidiary of Malaysian conglomerate UEM Group, to take on building, construction & engineering activities in India.
-The Comp. has issued Bonus Shares in the Ratio of 1:1.
2008
-Ansal Properties & Infrastructure Ltd has inked a shareholder agreement for a joint venture with UEM Builders, a subsidiary of Malaysian conglomerate UEM Group.
- Ansal Properties and Infrastructure Limited has appointed Shri Mahesh Chand Maheshwari as Chief Financial Officer [CFOs] in place of Shri Anup Kapoor, erstwhile CFO.