|S. No.||Name of the Subsidiary||Equity Participation||Purpose|
EPI URBAN INFRA DEVELOPERS LIMITED (EPIUIDL)
Registered Office- Core 3, SCOPE Complex, 7 Lodhi Road, New Delhi 110003
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.