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ऑर्बिट कॉर्पोरेशन > कंपनी इतिहास > Construction & Contracting - Real Estate > कंपनी इतिहास का ऑर्बिट कॉर्पोरेशन - बीएसई: 532837, NSE: ORBITCORP

ऑर्बिट कॉर्पोरेशन

बीएसई: 532837  |  NSE: ORBITCORP  |  ISIN: INE628H01015  |  Construction & Contracting - Real Estate

कंपनी इतिहास - ऑर्बिट कॉर्पोरेशन
Our Company was incorporated on March 7, 2000 under the Companies Act
 as 
 ORBIT CYBERTECH LIMITED. We had obtained the Certificate of 
 Commencement of Business on October 12, 2000. Our name was changed to
 
 ORBIT CORPORATION LIMITED pursuant to which a Fresh Certificate of
 Incorporation was issued on April 10, 2006.
 
 Our registered office is situated at The View, 165, Dr. Annie Besant
 Road, Worli, 
 Mumbai- 400 018.
 
 Acquisition of Subsidiaries
 
 We acquired 10,120 equity shares of Rs. 10 each of Orbit
 Constructions & Realtors 
 Private Limited OCRPL at par on April 1, 2004 from Mr. Ravi Kiran
 Aggarwal and 
 Mr. Pujit Aggarwal and others. The consideration of Rs. 101,200/- was
 paid by us to 
 the sellers in cash. The shares are held in our name and in our
 nominees' name. 
 Subsequent to the above acquisition, we acquired further equity
 shares by way of an
 allotment of 19,489,880 equity shares of Rs 10 each at par in cash.
 
 For details in relation to OCRPL, please see sub-section titled Our
 Subsidiaries of 
 this section. We acquired 10,000 equity shares of Rs. 10 each of
 Orbit Buildcon & Realty 
 Private Limited OBRPL at par on December 17, 2004 from Mr. Ravi Kiran
 Aggarwal 
 and Mr. Pujit Aggarwal and others. The consideration of Rs. 100,000/-
 was paid by us to 
 the sellers in cash. The shares are held in our name and in our
 nominees' name. Subsequent 
 to the above acquisition, we acquired further equity shares by way of
 an allotment of 
 8,990,000 equity shares of Rs 10 each at par in cash.
 
 For details in relation to OBRPL, please see sub-section titled Our
 Subsidiaries of 
 this section. A chronology of some key events since the Company was
 incorporated is 
 set forth below: 
 
 Year                       Event
 
 Mar, 2000             Our Company was incorporated as a public
 limited Company.
 April, 2002           We acquired the Land for Development of our
 Shivam Project
 May, 2002            We got the Sanction of Term Loan of Rs. 45 mn
 from Canara Bank, Colaba 
                               Branch
 April, 2004           We got the ISO 9001:2000 certification for
 Quality Management System from 
                               KPMG
 April, 2004           We acquired 100% sh areholding in OCRPL
 December, 2004    We acquired 100% shareholding in OBRPL
 February, 2005      Our project Shivam was completed
 April, 2006            Our Name was changed to Orbit Corporation Ltd
 May and 
 June, 2006           We acquired three properties at Worli seaface,
 Altamount Road and Bandra Kurla
                              Complex
 
 2007
 
 -Orbit Corporation Limited has appointed Ms. Bhavini Modi, Company
 Secretary as Compliance Officer of the Company in place of Mr. Vikram
 Phatarpekar.
 
 
 2008
 
 - Orbit Corporation Ltd has informed that the Company has increased
 its Equity holding from 35% to 100% in Orbit Shelter Pvt Ltd.
 
 - Orbit Corporation Ltd has informed that the Company has acquired
 100% Equity Shares of Orbit Highcity Pvt Ltd.
 
 - Orbit Corporation Ltd has informed that the Company has acquired
 65% Equity stake in Ahinsa Buildtech Pvt. Ltd.
 
 
 2009
 
 - Board of Directors of the Company at its meeting held on inter
 alia, has declared an interim dividend of Re. 1/- per Equity Share of
 Rs. 10/- each.
 
 
 2010
 
 - The company has won the Annual CNBC AWAAZ - CRISIL - CREDAI Real
 Estate Awards 2009 in the category of Best Residential Property
 (under 1 lac square feet) for our Villa Orb Project at Darabshaw
 Lane, Opp Palm Beach School, Mukesh Chowk, Nepensea Road, Mumbai.
 
 - The company has won the Accommodation Times- 24th National Real
 Estate Award for excellence in Real Estate for the year 2009 in the
 category of 'Premium Residential Project of the Year' for our Villa
 Orb Project at Darabshaw Lane, Opp Palm Beach School, Mukesh Chowk,
 Nepensea Road, Mumbai.
 
 - The company has been awarded with the Developer of the Year -
 Residential Award, instituted by Realty Plus, India's Leading Real
 Estate Monthly Magazine, at Realty Plus Excellence Awards.
 
 - Directors of the Company have, by passing resolution by
 circulation, approved the allotment of 54,980,945 Equity Shares as
 Bonus Equity Shares to the existing Shareholders of the Company in
 the ratio 1:1 i.e. one fully paid equity share of Rs. 10 each for
 every fully paid equity shares of Rs. 10/- each held by the
 shareholders.
 
 - Orbit Corp buying Kilachand house for Rs. 300 cr.
 
 2011
 
 -Ms. Puja Mehta has been appointed as Company Secretary & Compliance
 Officer of the Company
 
 2012
 
 -Orbit Corp wins Four awards at the PRCI AWARDS 2011-12
 
 -Best Luxury / Premium Housing Developer of the Year  West India
 Award
 
 -Orbit Corporation Ltd has accepted recommendation of Acquisition
 Committee to make Mazda Construction Company Private Limited as a
 subsidiary.
 
 2013
 
 -Orbit Corp adds another feather in its cap by making its mark at the
 Estate Summit and Awards 2012 powered by Estate World.
 -Prof. Abdus Sattar has been appointed as an additional
 (Non-Executive Independent) director of the Company.
 
 2014
 
 -Mr. Manoj Raichandani has been appointed as the Chief Financial
 Officer of the Company.
 
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `3044.94 Cr की बिकवाली की
  • MARKET CUES : DIIs ने कैश में `3576.23 Cr की खरीदारी की
  • MARKET CUES : FIIs ने F&O में `3083.41 Cr की खरीदारी की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `1506.20 Cr की खरीदारी
  • MARKET CUES : इंडेक्स ऑप्शंस में `310.99 Cr की खरीदारी
  • MARKET CUES : स्टॉक फ्यूचर्स में `1256.31 Cr की खरीदारी
  • MARKET CUES : स्टॉक ऑप्शंस में `9.91 Cr की खरीदारी
  • LPG CYLINDER PRICES CUT : गैर-सब्सिडी LPG `61.50/सिलेंडर सस्ता
  • CHINA CAIXIN DATA : मार्च मैन्युफैक्चरिंग PMI 50.1(45.5 अनुमान)
  • CHINA CAIXIN DATA (MoM) : मार्च मैन्युफैक्चरिंग PMI 40.3 से बढ़कर 50.1

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