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SUBSIDIARIES

S. No. Name of the Subsidiary Equity Participation Purpose
1.

EPI URBAN INFRA DEVELOPERS LIMITED (EPIUIDL)

CIN- U45309DL2016GOI299995

Incorporation Date-19.05.2016

Registered Office- Core 3, SCOPE Complex, 7 Lodhi Road, New Delhi 110003

EPI [51%],

M/s Bharat Urban Infra Developers Pvt. Ltd. (BUIDPL) [39%] and

M/s. Darashaw & Co. Pvt. Ltd (DCPL), Mumbai [10%]

For development of land parcels or property of Rail Land Development Authority (RLDA) or any Central/ State Government Departments/ Public Sector Undertaking (PSUs)/ land pooling schemes of Central/ State Governments, on PPP/ Non-PPP mode.

EPIUIDL is a Government Company and since its incorporation it is non operative. Since Necessary Government approvals have not been received, EPI decided to close the Company. However voluntary Liquidation was not approved in AGM, other two parties have not accepted “Invitation to Offer” of shares held by EPI and EPI is exploring other options of closure/exit.

Annual report of the year 2016-17

Last Updated:17-May-2018

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