| The Company was originally incorporated at Gandhinagar as "Akash 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 "Akash 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.
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