KCL Infra Projects Ltd

KCL Infra Projects Ltd, formerly known as Kadamb Constructions Limited, was established as a Private Limited Company in July 1995. It transitioned into a Public Limited Company in September of the same year. The company operates across two primary segments: construction and infrastructure development, and trading in shares, securities, and derivatives. Its core business involves engaging in Construction & Infrastructure Activities, alongside offering advisory services. Since its inception, the company initiated a project in Malviya Nagar, Jaipur, which faced a temporary halt due to legal proceedings stemming from a lawsuit regarding obstruction of light and air facilities to neighboring properties. The company has appealed against the stay order, with the court's decision pending as of last year. In February 1996, the company launched a public issue, offering 30,50,000 equity shares valued at Rs 10 each for cash at par, totaling Rs 305 lakh, to partially fund its ongoing project. Additionally, during the 2005-06 period, the company diversified its operations to include trading in oil, seeds, wheat, rice, and other agricultural products. Notably, between 2019 and 2020, in collaboration with Ram Ratna Infrastructure Private Limited, the company completed four mechanized car parking projects in smart cities across Madhya Pradesh. These projects included parking facilities at Manas Bhawan, Jabalpur (with 37 Car Spaces), Civic Center Jabalpur (with 87 Car spaces), Giriraj Temple Gwalior (with 34 car spaces), and Rajiv Plaza Gwalior (with 42 Car Spaces).