Indiabulls Enterprises Limited (the Company) was incorporated on 02 January 2019 and is the resulting company formed by virtue of the Composite Scheme of Amalgamation and Arrangement between Albasta Wholesale Services Limited (Transferor Company 1), Sentia Properties Limited (Transferor Company 2), Lucina Infrastructure Limited (Transferor Company 3), Ashva Stud and Agricultural Farms Limited (Transferor Company 4), Mahabala Infracon Private Limited (Transferor Company 5), SORIL Infra Resources Limited (Transferor Company 6), Store One Infra Resources Limited (Transferor Company 7), Yaari Digital Integrated Services Limited (the Company/Transferee Company/Demerging Company 1), Indiabulls Enterprises Limited (Resulting Company 1), Indiabulls Pharmaceuticals Limited (Demerging Company 2) and Indiabulls Pharmacare Limited ( Resulting Company 2). The said Scheme was approved by the Hon’ble National Company Law Tribunal (NCLT), Chandigarh Bench on 01 August 2022 in which the appointed date is 01 April 2019.
Pursuant to the above approved scheme, various entities merged with Yaari Digital Integrated Services Limited and the Infrastructure solutions business of the demerging company-1 stands demerged into Indiabulls Enterprises Limited with effect from the appointed dated of 01 April 2019 and and further the pharma business undertaking of demerging company no 2 stands demerged to Indiabulls Pharmacare Limited. The company is domiciled in India and its registered office is situated at Gurugram, Haryana.
Business area of the company
The company is engaged in the business of Infrastructure & Construction Equipment Leasing, LED Lighting, Pharmaceuticals, Financial Services and management and maintenance services.
Products and services of the company
- Infrastructure & Construction Equipment Leasing
- LED Lighting
- Pharmaceuticals business
- Management and maintenance of real estate and assets
- Financing and related activities