Mr. AKR Farook, the Chairman of AKR Group Of Companies hails from a reputed business family in Chennai. Born in 1969 as the eldest child of the family of seven he had taken upon himself to lead life by setting an example. The sudden demise of his Father in the year – 1990 had forced him to shoulder the responsibility of the upbringing of his siblings. This situation had forced him to curtail his education and take to business at a very tender age of thirteen. Since then the group has blossomed into a corporate entity involving various business activities.We are in the business of steel trading and infrastructure for the last almost five decades with the third generation having already entered into the ring. We, over the years have upgraded our business models to suit the trends and we are now one of the pioneers in the asset reconstruction activities today.
Initially we started associating and participating in the tenders for purchase of assets that were put to sale by the banks and institutions.We shall value the movable and immovable ones and dispose booking the margins as per the market conditions. Later, we have been working with the promoters of such businesses who were entrepreneurs and could not manage the debt as well as retain their assets in supporting them in regaining their confidence and rebuild their activities. We have entities in our group that would handle each and every business identified, from steel to reconstruction.