International Constructions Ltd. (India)

International Constructions Ltd. (ICL) is a company located in Bangalore, India. It was incorporated on 1/08/1983 under the name M/s Johar Chain Industries Ltd. The company's name went through several changes over the years, including M/s SPML Industries Ltd. in 1990, M/s Subhash Capital City Ltd. in 1994, and finally M/s International Constructions Ltd. in 1998. ICL's equity shares are listed on the NSE. The company's registered office is located at Golden Enclave, Corporate Block, Tower C, 3rd floor, HAL Old Airport Road, Bengaluru - 560017. ICL has notable directors on its board, including Mr. Anil Kumar Sethi, the former chairman of SPML, a leading infrastructure and listed company. Mr. Amitava Basu, a postgraduate in Electrical Engineering from NIT, and Mrs. Priti Devi Sethi, wife of Mr. Anil Kumar Sethi, also serve as directors. Another director, Mr. Rajesh Kandoi, brings his experience as a director in other companies. The majority stake in ICL is owned by the promoters, Mr. Anil Kumar Sethi & Family, with a 61% stake. The promoter company holds a 14% stake, and the remaining 25% is owned by the public. ICL is part of the ADD Group of Companies based in Bangalore. ICL is primarily engaged in job contract works and financing activities. The company undertakes job contract works in the infrastructure sector to generate revenue. In terms of financing, ICL borrows funds from the market or group companies and invests them in income-yielding activities such as lending and purchasing shares, mostly in group companies. In addition to job contract works and financing activities, ICL is involved in water management, water infrastructure development, and other civil infrastructure activities. The company also invests in securities and other avenues.