Intensive Air Systems was incorporated on January 25, 1995 as a Limited Company under the Companies Act, 1956 and obtained the Certificate of Commencement of Business on February 8,1995. The company has taken over an existing profit making business of P.L Rao (promoter of the Company) which was carried on under the name and style of Environment Control Systems as a going concern. The company has entered into agreement with P.L.