IPO DETAILS : Sterling and Wilson Renewable Energy Ltd.
The objects of the Offer are to achieve the benefits of listing the Equity Shares on the Stock Exchanges and for the Offer of the Equity Shares by the Promoter Selling Shareholders. Further, the Company expects that listing of the Equity Shares will enhance the visibility and brand image and provide liquidity to the Shareholders and will also provide a public market for the Equity Shares in India.
The Promoters of the Company are :
1. Shapoorji Pallonji and Company Private Limited.2. Mr. Khurshed Yazdi Daruvala.
1. Shapoorji Pallonji and Company Private Limited. : SPCPL was incorporated on January 23, 1943 as a private limited company under the Companies Act, 1913. SPCPL’s name was changed from Shapoorji Pallonji and Company Private Limited to Shapoorji Pallonji and Company Limited pursuant to a fresh certificate of incorporation issued by the Registrar of Companies, Maharashtra at Mumbai upon conversion from a private limited company to a public limited company on September 6, 2001. Thereafter, SPCPL’s name was changed from Shapoorji Pallonji and Company Limited to Shapoorji Pallonji and Company Private Limited pursuant to a fresh certificate of incorporation issued by the Registrar of Companies, Maharashtra at Mumbai upon conversion from a public limited company to a private limited company on September 3, 2014. The registered office of SPCPL is situated at 70 Nagindas Master Road, Fort, Mumbai - 400 023.SPCPL is primarily engaged in the business of construction, execution, improvement, development, administration, tender or acquisition of contracts and concessions for construction in major business areas namely, EPC, infrastructure, water, energy and real estate. There have been no changes to the primary business activities undertaken by SPCPL.
2. Mr. Khurshed Yazdi Daruvala : Khurshed Yazdi Daruvala is the Chairman and a Non-Executive Non-Independent Director of the Company. He holds a bachelor’s degree in commerce from the University of Mumbai. He is an associate member of the ICAI. He has been part of the Sterling and Wilson group for about 25 years and has held the position of managing director of SWPL. He has been on the Board since April 25, 2018.
Permanent Account Number : AACPD7565RAadhaar Card Number : 7368 1809 4717Driving License : MH01 20090035359