- Business
- MPDL Ltd. (BSE: MPDL.BO) engages in the development and construction of real estate properties in India, with core operations encompassing residential projects, commercial and institutional buildings, and retail properties; it also pursues construction business activities and other real estate services such as project management and land development. Incorporated in March 2002 and headquartered in Gurugram, Haryana, with its registered office in Raipur, Chhattisgarh, the company previously operated in sugar manufacturing, bagasse, molasses production, and co-generation of power from bagasse before shifting focus to real estate and maintains investments in mining, energy, and related sectors. MPDL operates primarily across India, targeting residential, commercial, institutional, and retail customer segments, and acquired a 99.9% stake in Cambridge Construction Pvt Ltd in August 2021 to bolster its construction capabilities; recent board changes include the appointment of Rajesh Paliwal as Chairman and Santosh Kumar Jha as Whole-Time Director in 2023, alongside ongoing compliance with SEBI regulations including annual secretarial reports confirming no violations as of FY2025.