The Company was formed to acquire all the Investments through the Scheme of Arrangement sanctioned by the Hyderabad Bench of Hon’ble National Company Law Tribunal (NCLT).

Further, its Main objects are mentioned below in brief:

• To carry on the business of contractors, Builders, Traders, Infrastructure developers and Engineers, land developers, Real-estate agents, Immovable property dealers and to acquire, sale, purchase, hire or otherwise in lands, buildings, building materials, civil works, immovable property of any tenure;
• To make and hold investments in Entities;
• To carry on the business as financial advisors and to advise and assist in all financial, costing, accounting, internal control and other similar matters to advise and assist in the preparation of all revenue and capital budgets, structuring of funds, long term planning of utilisation of resources, procuring bank and institutional finance including cash, credit facilities, overdraft facilities, subscription of debentures and term loans, to assess the needs of short and long term credit facilities and raising of resources.
• To carry on business of transmitting, manufacturing, supplying, generating, distributing and dealing in electricity and all forms of energy and power generated by any source whether nuclear, steam, hydro or tidal, water, wind, solar, hydrocarbon fuel or any other form, kind or description.