Where is the Sports Infra in 'Sports City'
Sports City Scam www.infralive.com 50 Infra LIVE July 15, 2022 Sometimes during FY16, LIPL reduced its shareholding to 90 per cent and sold the remaining 10 per cent to Ka i l ashpur i Buildtech Pvt Ltd (see table-B4), which is owned by the promoters of Ant r i ksh group in the i r individual capacities. A major part of the civil construction is complete though the project is still under construc- tion. The project is being mar- keted as TheGolf Address. NA Abound Infrastructure Pvt Ltd (Inc 26.3.2013) This plot measures 24,280 sqm. The company was incorpo- rated by two individuals – Shakti Nath andMeena Nath - having 50 per cent equity each. Subse- quently, the shares were trans- ferred to Logix Infradevelopers Pvt Ltd (LIPL). Sometimes during FY16, LIPL reduced its shareholding to 90 per cent and sold the remaining 10 per cent to Homesmart Realcon Pvt Ltd. The shareholding continues to be the same till FY21 (see table-B5). The project has not started yet. RudraUno Apace Buildtech Pvt Ltd (Inc 11.9.2012) This plot measures 20,233 sqm. The company was incorpo- rated by two individuals – Nitin Dua and Vijay Shukla - having 50 per cent equity each. Subse- quently, the shares were trans- ferred to Logix Infradevelopers Pvt Ltd (LIPL). Sometimes during FY15, LIPL reduced its shareholding to 90 per cent and sold the remaining 9 per cent to Rudra Buildwell Residency Pvt Ltd and 1 per cent to Others-Livin Hotels Pvt Ltd. The shareholding continued to be the same till FY19. No detail is available for FY20. In FY21, the shareholding B5. Abound Infrastructure Pvt Ltd (Inc 26.3.2013) 26.3.2013 FY14-FY15 FY16-FY21 Mr Shakti Nath 5,000 - - Ms Meena Nath 5,000 - - Logix Infradevelopers Pvt Ltd - 10,000 9,000 Homesmart Realcon Pvt Ltd - - 1,000 Total 10,000 10,000 10,000 B6 Sample Flat at site B5. B6. declared was different. Only two shareholders remained – LIPL (90 pc) and Rudra (10 pc) (see table- B6). The project has been named as Rudra Uno, but it is under construc- tion. NA Impel Infrastructure Pvt Ltd (Inc 21.12.2012) This plot measures 17,600 sqm. B7. B4 B5
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