Our Company was originally incorporated as ÂPopular Foundations Private Limited on November 30, 1998 as a private limited company under the Companies Act, 1956 with the Registrar of Companies, Tamilnadu at Chennai (ÂRoCÂ). Subsequently, pursuant to a special resolution of our Shareholders passed in the extra ordinary general meeting held on December 9, 2023 our Company was converted from a private limited company to a public limited company and consequently the name of our Company was changed to ÂPopular Foundations LimitedÂ, and a fresh certificate of incorporation dated 20th December, 2023 was issued to our Company by the RoC, Tamilnadu at Chennai.
Major Events and Milestones:
1998
-Popular Foundations Pvt Ltd incorporated; promoted by A.S.Venkatesh with over ten years of prior experience
-Secured contracts for Educational institutions and industrial buildings from the beginning
1999
-Procured the first contract outside Chennai city
2000
-Became a leading contractor of institutional buildings
2001
-Operations expanded to Pondicherry, Villupuram, Thanjavur, Karaikal, Madurai, Coimbatore, and Trichy
-Became a member of Builders Association of India
-Achieved ISO 9000 certification
2005
-Secured the 25th contract
-Awarded Best Builder award from Southern Railway Employees Cooperative Society
2007
-Managing Director A.S.Venkatesh became the District Governor of Rotary International District 3230
-Established a separate department for Quality control and Quantity survey within the organization
2011
-Appointed a professional CEO
2013
-Awarded a contract to construct a green building, expanding the portfolio
2015
-Completed a 120,000 sq. ft. building in a record 120 days duration
2016
-Secured prestigious contracts for Hotel Novotel and Hotel Fairfield by Marriott, entering the hospitality industry
2018
-Achieved the milestone of the 100th contract
2021
-A.S.Venkatesh elected to serve on the board of Rotary International, headquartered in Chicago Consistently profitable every year
2023
-Received the Dr. KCG Verghese Excellence Award
The company became a Public Ltd. Company