Our Company was originally incorporated as `Popular Foundations Private Limited' on November 30, 1998 as a private limited company under the Companies Act, 1956 with the Registrar of Companies, Tamilnadu at Chennai ("RoC"). Subsequently, pursuant to a special resolution of our Shareholders passed in the extra ordinary general meeting held on December 9, 2023 our Company was converted from a private limited company to a public limited company and consequently the name of our Company was changed to `Popular Foundations Limited', and a fresh certificate of incorporation dated 20th December, 2023 was issued to our Company by the RoC, Tamilnadu at Chennai.
Major Events and Milestones: 1998 -Popular Foundations Pvt Ltd incorporated; promoted by A.S.Venkatesh with over ten years of prior experience -Secured contracts for Educational institutions and industrial buildings from the beginning
1999 -Procured the first contract outside Chennai city
2000 -Became a leading contractor of institutional buildings
2001 -Operations expanded to Pondicherry, Villupuram, Thanjavur, Karaikal, Madurai, Coimbatore, and Trichy -Became a member of Builders Association of India -Achieved ISO 9000 certification
2005 -Secured the 25th contract -Awarded Best Builder award from Southern Railway Employees Cooperative Society
2007 -Managing Director A.S.Venkatesh became the District Governor of Rotary International District 3230 -Established a separate department for Quality control and Quantity survey within the organization
2011 -Appointed a professional CEO
2013 -Awarded a contract to construct a green building, expanding the portfolio
2015 -Completed a 120,000 sq. ft. building in a record 120 days duration
2016 -Secured prestigious contracts for Hotel Novotel and Hotel Fairfield by Marriott, entering the hospitality industry
2018 -Achieved the milestone of the 100th contract
2021 -A.S.Venkatesh elected to serve on the board of Rotary International, headquartered in Chicago Consistently profitable every year
2023 -Received the Dr. KCG Verghese Excellence Award
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