
Afcons begins its journey as a civil construction company - a partnership between Rodio Foundation Engineering Limited, Switzerland, and Hazarat and Company, India
Rodio Hazarat becomes Asia Foundations and Construction Ltd
Won first project in Africa, Ethopia
Sterling Investment Corporation Limited, a Shapoorji Pallonji Group company, acquires a majority stake in Afcons
Crossed a total income of ₹30,000 million
Crossed a total income of ₹60,000 million
Went public in November 2024







Afcons has a global footprint across more than 30 countries in Asia, Africa, and the Middle East. It is ranked 14th worldwide in Marine and Port facilities and 12th worldwide in the Bridges sector.
Independent Director
Cherag Sarosh Balsara is an Additional Independent Director on the Board of our Company. He holds a bachelor’s degree in commerce from the Sydenham College of Commerce and Economics, University of Bombay, a bachelor’s and a master’s degree in law from Government Law College, University of Bombay. He has over 31 years of experience as an advocate on the rolls of the Bar Council of Maharashtra & Goa.