Board Approval Details
The Board of Directors of Purohit Construction Limited approved the incorporation of a Limited Liability Partnership (LLP) at its meeting held on 23rd June, 2026. The meeting commenced at 3:00 p.m. and concluded at 3:50 p.m.
LLP Formation Details
Proposed Name: PEB PCL INFRACON LLP (subject to approval by Ministry of Corporate Affairs)
Company Contribution: ₹51,000/- representing 51% of the capital contribution
Profit/Loss Share: 51% share in profits and losses of the proposed LLP
Nominee Representative: Mr. Saumil Narendrabhai Purohit (DIN: 01861110) will participate as the company's nominee
Business Operations
The LLP will operate in the following areas:
- Pre-Engineered Buildings (PEB) steel structures
- Infrastructure, construction and engineering activities
- Industrial projects, sheds, warehouses, and buildings
- Turnkey projects, site development, structural engineering works, and civil works
- Maintenance, repair, modification and related activities
- Design, procurement, supply, supervision, project management and consultancy services
- Operations in India and abroad
Regulatory Approvals Required
Incorporation and related compliances under the LLP Act, 2008 and approvals from Ministry of Corporate Affairs and other authorities, if applicable.
Transaction Details
Nature of Consideration: Cash contribution towards LLP capital
Timeframe: Subject to regulatory approvals and registration by MCA
Related Party Status: Upon incorporation, the LLP may become a related party of the Company
Transaction Basis: Proposed to be undertaken at arm's length
Industry Classification
The LLP belongs to Pre-Engineered Buildings (PEB), Infrastructure, Construction and Engineering Activities sector.
Purpose and Strategic Rationale
To expand the Company's business operations in PEB structures, infrastructure projects, fabrication, engineering, construction and allied activities, either independently or in collaboration with other entities.
Compliance Information
The disclosure is made under Para A of Schedule III relating to acquisition/formation of entities and aligns with the latest SEBI Regulation 30 disclosure requirements effective from July 2023.