The 59th AGM of the Company was held on September 1 , 2022 at SRI THYAG BRAHMA GANA SABHA "VANI MAHAL" 103, GOPATHI NARAYANASWAMI CHETTY ROAD, T. NAGAR, CHENNAI-600017. This AGM has lot of significance as the Company after going. through a turbulent period in the last decade, is turning around after resolving most of the litigations and clearing all the pending dues to the secured creditors. There was a change in management of the Company in month of June 2022 pursuant to the sale of shares by the erstwhile promoter group. The Company is under the management of the new promoter group comprising of Mr. C. K. Venkatachalam, Mr. C. K. Balasubramaniam, Mr. S. Anandavadivel, Mr. S. Aravindan, Mr. S. Nagarajan, Mr. K. V, Prakash and M/s.Trineva Infra Projects Private Limited, who have the relevant experience and expertise in the infrastructure business and has already obtained an order for the construction of integrated storm water drain works approximately valued at Rs.64.59 Cr from a reputed infra player and the same has been intimated on 10th June 2022 to all the stake holders. The Company is in the process of bidding for multiple projects on the backing of its new promoters.
