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History and Major Events : The chronology of key events since the inception of the IRB Group is as follows:

Year Key Events, Milestones and Major Achievements
1977 IRBPL was incorporated as a private limited company.
1977 to 1995 Execution of various construction contracts in the roads sector including World Bank aided projects as an EPC contractor.
September 1995 First venture in BOT Project being the signing of the Concession Agreement for Thane - Bhiwandi Bypass Phase - I.
June 1997 Completion of the construction activities in the Thane Bhiwandi Bypass Phase - I.
November 1997 Signing of the concession agreement for the Kharpada Project for construction of a bridge over river Patalganga on a BOT basis.
January 1998 Signing of the concession agreement for the Bhiwandi Wada project on a BOT basis.
July 1998 Incorporation of the Company as a private limited company.
September 1998 Signing of the concession agreement for the Thane Bhiwandi Bypass Phase II on a BOT basis.
November 1998 Signing of the concession agreement for the Khambatki Ghat project on a BOT basis.
December 1998 Signing of concession agreement for the Kaman Paygaon project on a BOT basis.
February 4, 1999 Completion of the Bhiwandi Wada project on a BOT basis.
July 20, 1999 Completion of the Kharpada Project Bridge over River Patalganga on a BOT basis.
March 25, 2000 Completion of the Kaman Paygaon project on a BOT basis.
August 15, 2000 Completion of the Khambatki Ghat project on a BOT basis.
January 2001 Signing of the joint venture agreement with Mudajaya Corporation of Malaysia for the execution of NHAI funded contract for the Ratanpur to Himmatnagar section of NH 8 for 54 kms.
January 2001 Signing of a funded EPC contract for the Ratanpur to Himmatnagar section of NH 8 for 54 kms with the NHAI.
November 2001 Signing of the concession agreement for the Ahmadnagar-Karmala-Temburni Road project on a BOT basis.
May 2002 Signing of an O&M and rehabilitation works contract with the NHAI for the Chiloda Naroda Section, Ahmedabad Bypass and the Ahmedabad -Vadodara Section of NH 8 in Gujarat.
May 2002 Signing of an O&M and rehabilitation works contract with the NHAI for Vadodara-Surat section of NH 8 in Gujarat.
May 2002 Signing of the concession agreement for the Mohol-Kurul-Kamti-Mandrup road on a BOT basis.
February 2003 Signing of the concession agreement for the Pune Sholapur Project on a BOT basis.
August 25, 2003 Completion of construction activities in the Ahmadnagar-Karmala-Temburni Road project on a BOT basis.
August 2003 Signing of the concession agreement for the Pune Nashik project on a BOT basis.
December 2003 Completion of the construction activities in Thane Bhiwandi Bypass BOT project - Phase II.
January 2004 Completion of the construction activities for the funded EPC Contract for the Ratanpur to Himmatnagar Section of NH 8 for 54 kms.
May 2004 Emerged as the highest bidder for Mumbai-Pune Expressway project by making upfront payment of Rs. 918 crore to MSRDC for concession rights for a period of 15 years.
August 2004 Signing of the concession agreement and financial closure of the Mumbai Pune Expressway project of Rs. 1,181.41 crore.
August 2004 Commencement of construction activities of the NH 4 and commencement of toll collection on the Mumbai Pune Expressway.
December 10, 2004 Completion of construction activities for the Pune Sholapur BOT project.
April 2005 Commencement of construction activities on the O&M on Mumbai-Pune Expressway as BOT operator.
July 2005 Signing of the concession agreement with the NHAI for the the four-laning of (a) km 64-000 to km 94-000 and (b) Km 123 to km 153 of the Nagpur-Hyderabad section of NH 7 in the State of Maharashtra.
November 2005 Emerged as the highest bidder for the Thane Ghodbunder project by offering a negative grant of Rs. 140.40 crore to the MSRDC for concession rights for a period of 15 years.
December 20, 2005 Completion of the construction activities for the Pune-Nashik Project.
December 2005 Signing of the concession agreement and financial closure of the Thane Ghodbunder project with financing of Rs.216.60 crore and commencement of toll collection.
July 2006 Signing of the concession agreement for the Bharuch Surat project on a BOT basis.
September 2006 Commencement of toll collection on Mumbai- Pune NH 4.
December 2006 Achieved financial closure of the Bharuch Surat project with financing of Rs. 1,210.95 crore.
December 2006 Payment of a negative grant to NHAI of Rs. 504 crore in respect of the Bharuch Surat project.
January 2007 Formed a consortium with Deutsche Bank AG, Singapore to jointly pre-qualify for eight packages of four to six laning under NHDP V.
February 2007 Awarded the contract by the Ahmedabad Municipal Corporation for the construction of Janmarg (Bus Rapid Transport System Project) from Narol Circle to Naroda Patiya in Ahmedabad for a total project cost of Rs. 132.99 crore.
April 2007 Balance work of construction of Tapi Bridge amount to Rs. 44.15 crore was awarded as an additional scope of work to Bharuch Surat BOT Project
June 2007 Awarded the funded contract by the Ahmedabad Municipal Corporation for construction of Janmarg (Bus Rapid Transport System Project) from Pirana-Danilimada-Maninagar-Narol in Ahmedabad for a total project cost of Rs. 78.36 crore.
July 2007 Successfully Completed the construction phase of the Thane-Ghodbunder project.
September 2007 Granted "pre-qualified" status that entitled the IRB Group to submit request for proposals for certain NHDP Phase V road infrastructure projects; namely, the Chennai-Tada project on NH 5, the Gurgaon - Kotputli - Jaipur project on NH 8, the Surat - Dahisar project on NH 8, the Chilkaluripet - Vijayawada project on NH 5 and the Panipat - Jalandhar project on NH 1.
September 2007 Acquisition of shares in IRBPL, IRB Infra, NKT, TGTRPL and MIPL making them wholly-owned Subsidiaries of the Company.
November 2007 Submitted bids for the Gurgaon - Kotputli - Jaipur project on NH 8 and the Surat - Dahisar project on NH 8. For further information, see "Business-Our BOT Infrastructure Development Projects - Recent Developments" on page 83 of this Prospectus
December 2007 Submitted a bid for a BOT project relating to the Integrated Road Development Program in Kolhapur.
January 2008 Company has launch its Initial Public Issue duing 31st January 2008 to 5th February 2008. The issue was oversubscribed by 4.3 times. Issue price thereafter was fixed at Rs. 185/- per share
February 2008 Declared as Successful Bidder for the Project of " Six Lanning of Surat - Dahisar section of NH-8 from Km 263.00 to Km 502.00 (Length - 239 Km ) in the state of Gujarat / Maharashtra to be executed as BOT (Toll) basis on DBFO Pattern under NHDP Phase - V"
February 2008 Company was listed on Bombay Stock Exchange and National Stock Exchange on 25th February 2008
February 2008 Declared as Successful Bidder for the project of " Integrated Road Development Programme (IRDP) for Kolhapur City"
April 2008 Concession Agreement for 6 - Laning of Surat - Dahisar BOT Project on DBFO pattern has been executed on 30th April 2008 Between National Highways Authority of India and IRB Surat Dahisar Tollway Private Limited at New Delhi

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