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Subsidiary Companies

1. LICHFL Care Homes Limited

To address the crying need of housing for the senior citizens of the country, the Company had promoted LICHFL Care Homes Limited, to establish and operate assisted community living centres. LICHFL Care Homes Limited was incorporate on 11th September, 2001. It launched its eco-friendly pilot project in Bangalore with cost-effective independent cottages and all other on-campus amenities, fully structured and self-contained to address every possible need of residents. It has library, community centre, home theatre, meditation centre, and doctors on call and ambulance to take the ailing to the nearest city Medicare centre-all that would make the lives of senior citizens comfortable and satisfying. New such projects are planned in Bhubaneshwar and Jaipur and the company is in the process of finalising the purchase of land for a few more projects

2. LICHFL Financial Services Limited

LICHFL Financial Services Limited was incorporated on 31st October, 2007 for undertaking non fund based activities like marketing of housing loans, insurance products, credit card, mutual fund, personal loan etc. It has become operational in 2008-09 and has already opened five offices in Maharashtra and plans to open atleast another thirty offices during 2009-10.

3. LICHFL Trustee Company Private Limited

LICHFL Trustee Company Private Limited was incorporated on 5th March, 2008 for undertaking the business of trustees of venture capital trust, funds-in India and offshore fund. The Company would very soon launch its operations - act as trustee of the fund raised through private placement, public offer etc.

4. LICHFL Asset Management Company Private Limited

LICHFL Asset Management Company Private Limited was incorporated on 14th February, 2008for undertaking the business of managing, advising, administering venture funds, unit trust, investment trust in India as well as abroad. The Company would launch its operations very soon.

 
 

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