Welcome To Our ICL
International Constructions Ltd, was incorporated on 1/08/1983 under the name M/s Johar Chain Industries Ltd. The company’s name was changed in 1990 to M/s SPML Industries Ltd., then in 1994 to M/s Subhash Capital City Ltd & finally in 1998 to M/s International Constructions Ltd.
The Equity Shares of ICL arelisted onNSE, Kolkata Stock Exchange & UPSE.
ICL has its Registered office at The ICON, No. 8, 5th Floor, 80 Feet Main Road, HAL 3rd Stage, Indiranagar, Bangalore – 560075.
ICL has eminent Directors on its Board viz Mr. Anil Kumar Sethi, Ex-Chairman of SPML, a leading Infrastructure & Listed Company, Mr. Amitava Basu, a Post Graduate from Electrical Engineering from NIT. It has a woman Director on Board namely Mrs. Priti Devi Sethi, wife of Mr. Anil Kumar Sethi. The other Directors are Mr. Basant Kumar Jain & Mr. Subhash Kumar Jain who has good experience as Director in other Companies.
ICL is owned by the promoters namely Mr. Anil Kumar Sethi & Family with their stake for 72% and by the promoter company for 14% and the balance 14% by the Public. It is part of ADD Group of Companies based in Bangalore.
ICL is mainly engaged in job contract works & financing activities. The job contract works are undertaken mainly in infrastructure sector as and when it gets an opportunity for the same to add its revenues. Under finance activity being an NBFC registered with RBI, ICL borrows funds from the market / Group Companies& deploys the same in income yielding activities such as on lending, shares purchase mostly in Group Companies.
It has a subsidiary Company by name M/s ADD Technologies (India) Ltd (ATIL) where it has a stake of 87.83%. ATIL is in the business of user-friendly 24 hrs x 365 days Payment Kiosks branded as Anytime Payment (ATP) for collecting Bill Payments, Insurance Premiums, Corporation / Municipality Tax, Education / Examination fees, Banking Transactions, etc. Consumers can make payment by way of Cash, Cheque/DD or Dr /Cr Cards. It provides services to Utility Companies in India including Bangalore Electricity Company HESCOM, MESCOM, CESCOM, CSEB, MPPKVVCL, PGVCL, DGVCL, MGVCL, UGVCL, CESC, MSEDCL etc. Banks have also started using ATPs for Cash and Cheque collection.
ATIL has floated its subsidiary by name ADD Technologies (Lanka) Ltd (ATLL) in Sri Lanka on 4/7/2014 and its commercial operations are yet to start. ATLL is 100% subsidiary of ATIL.