M/s Navkar Builders Limited (NBL) was originally incorporated as Navkar Builders Private Ltd. on 2nd June, 1992 in the State of Gujarat with the main objects to carry on the construction business. Subsequently the Company was converted into Public Limited Company and a fresh certificate of incorporation was obtained on 21st April, 1995 with its Registered Office at Junagadh and Corporate Office at Ahmedabad. The Company is already engaged in the business of construction of commercial and residential complexes in and around Ahmedabad. The main objects of the Company are to erect and construct residential and commercial complexes, to act as builders, contractors, engineers and architects as well as developers of land, estate, properties, etc. The Company has already completed five such projects (measuring 2,50,000 Sq. Fts) and at present having five such projects on hand as organiser and two projects as contractors (measuring 4,38,000 Sq. Fts.) DETAILS OF THE PROJECTS COMPLETED The promoters have successfully completed the following projects under their supervision and control. The projects have been completed within scheduled time frame. ----------------------------------------------------- SL NAME OF THE PROJECT LOCATION NO ----------------------------------------------------- 1. NALANDA PREMCHAND (COMMERCIAL COMPLEX) NAGAR ROAD SATELLITE, AHMEDABAD 2. KONARK -DO- (MULTI STORYED RE- SIDENTIAL COMPLEX) 3. KONARK SHOPS -DO- 4. RADHEKISHAN BUNGLOWS OPP.HIGH (LUXURIOUS TWIN COURT BUNGLOWS) JUDGES BUNGLOWS SATELITE AHMEDABAD 5. RUSHABH COMPLEX NR. MALBAR ROW HOUSES & SHOPS SATELITE & OFFICES -------------------------------------------------------- SL NAME OF THE PROJECT BUILT- NO.OF NO UP FLATS/SHOW AREA ROOMS/OFFICES Sq.Yd. --------------------------------------------------------- 1. NALANDA 7750 48 SHOW ROOM (COMMERCIAL COMPLEX) GROUND FLOOR 46 SHOW ROOM 1ST FLOOR 22 OFFICES 2ND FLOOR 2. KONARK 12,900 80 LUXURIOUS FLATS (MULTI STORYED RE- RANGING SIDENTIAL COMPLEX) 125 & 153 SQ.YRD 3. KONARK SHOPS 600 10 SHOPS 4. RADHEKISHAN BUNGLOW 3,000 14 BUNGLOW (LUXURIOUS TWIN 200 SQ. YRDS BUNGLOWS) PER BUNGALOW 200 SQ. YRDS CLUB HOUSE 5. RUSHABH COMPLEX 36000 19 ROW HOUSE ROW HOUSES & SHOPS & OFFICES 28 SHOPS 28 OFFICES ------- ------ GRAND TOTAL 27850 295 ======== ======= All of the above 295 show Rooms, Office, Shops, Flats, Bungalows have been already sold by the Promoters of the Company. 2008 - The Company has started commercial production of Ready Mix Concrete, the Company's first Project. 2009 - The Company has started commercial production of Ready Mix Concrete, in their second and third project from February 23, 2009 at Vadodara & Ahmedabad in Gujarat. 2010 -Navkar Builders appointed M/s. J. B. Shah & Co., Chartered Accounts as Auditor of the Company. 2014 -Board of Directors of the Company have allotted 43,63,300 equity shares of Rs. 10/- each at a price of Rs. 10 per equity shares (at par) on preferential basis.