March 24, 2017 6:43 PM ET

Industrial Conglomerates

Company Overview of Shapoorji Pallonji & Company Limited

Company Overview

Shapoorji Pallonji & Company Limited, through its subsidiaries, operates in construction, real estate, infrastructure, biofuels and agriculture, consumer products, facades and interiors, engineering, textiles, business automation, shipping and logistics, electro-mechanical, and mechanical engineering and plumbing businesses in India, the Middle East, and Africa. The company develops luxury apartments, IT/ITeS SEZs, housing, retail, hospitality, and commercial buildings; provides architectural aluminum products to the construction industry; offers interior fit out services; develops and operates infra ports, power plants, highways, and tollways; and builds marine structures, roads, bridges, t...

41/44, Minoo Desai Marg

Colaba

Mumbai,  400 005

India

Founded in 1865

Phone:

91 22 6749 0000

Fax:

91 22 6633 8176

Key Executives for Shapoorji Pallonji & Company Limited

Chairman and Managing Director
Age: 52
Chief Executive Officer of SP E&C and Managing Director of SPINT
Vice President of Finance & Accounts
President of SP E&C - Indian Operations
Regional Head of Mumbai Region
Compensation as of Fiscal Year 2016.

Shapoorji Pallonji & Company Limited Key Developments

Shapoorji Pallonji And Piramal Look For New Partners

Shapoorji Pallonji & Company Limited and Piramal Enterprises Limited (BSE:500302) the joint venture partners of Canada Pension Plan Investment Board (CPPIB) are seeking new partners as they are dissatisfied with the slow pace of investments under the existing joint ventures.

Cochin Shipyard Enters Talks To Buy ABG, Shapoorji Backs Out

COCHIN Shipyard Ltd. has started preliminary discussions to buy a controlling stake in ABG Shipyard Limited (BSE:532682), two people close to the development said. Shapoorji Pallonji & Company Limited, another contender, has decided to back out of the discussions, according to one of the two people. Both persons declined to be identified. Emails sent to Dhananjay L. Datar, Executive Director at ABG Shipyard, and Madhu S. Nair, Chairman and Managing Director at Cochin Shipyard, were unanswered at the time of going to press.

ABG Shipyard Gets Three Suitorsm

Reliance Defence and Engineering Limited (BSE:533107), Shapoorji Pallonji & Company Limited and Liberty House Limited have shown interest in buying debt-ridden ABG Shipyard Limited (BSE:532682). Rothschild is advising the company on its sale plan, while SBI Capital Markets Ltd is helping it invite bids from interested parties. In a written reply to a query, Dhananjay L. Datar, executive director at ABG Shipyard said these requests to buy a controlling stake are currently under consideration with the lenders. "We have received preliminary interest from Reliance Defence, Shapoorji, M/s Liberty House, UK. These requests are under consideration with lenders. Lenders and SBI Caps (SBI Capital) will be calling for proposals from prospective investors and the process will kick in," Datar said. When contacted, Reliance Defence spokesperson denied having any interest in ABG Shipyard. Email and calls to Liberty House Group remain unanswered. "We regularly evaluate opportunities in the port and marine infrastructure space which are brought to us. However, there is no proposal from us at this stage on the aforesaid asset," said Shapoorji Pallonji & Co Ltd.

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Private Placement
December 2, 2016
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Merger/Acquisition
November 22, 2016
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Private Placement
October 26, 2016
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