March 24, 2018 2:53 PM ET

Real Estate Management and Development

Company Overview of PACL Limited

Company Overview

PACL Limited is a real estate development company. It develops group housing projects, townships, residential apartments, commercial complexes, shopping malls, farms, and farm houses. The company also engages in sale and purchase of agricultural land. In addition, it produces wheat, paddy, baby corn, and vegetables in Northern India; mangoes, pomegranate, sapota, amla, cashew nuts, etc. in Southern India; and seeds. PACL Limited was formerly known as PACL India Limited. The company was incorporated in 1996 and is based in New Delhi, India.

7th Floor

Gopaldas Bhawan

28 Barakhamba Road

New Delhi,  110001


Founded in 1996


91 11 4365 0000


91 11 4365 0028

Key Executives for PACL Limited

Chief Executive Officer
Compensation as of Fiscal Year 2017.

PACL Limited Key Developments

PACL Seeks To Sell Over 26000 Properties

PACL Limited is seeking to sell over 26000 properties. Securities and Exchange Board of India is supervising sale of PACL's 26,000 properties under a Supreme Court-appointed panel headed by former chief justice R M Lodha. An extended deadline in the sale process of over 26,000 properties belonging to PACL across the country is drawing to a close on October 16, 2016.

SEBI Seeks TO Sell PACL's Properties

Securities and Exchange Board of India (SEBI) is seeking to sell PACL Limited’s properties in 192 districts through an auction process. Through this sale SEBI is trying to recover INR 60 billion of investors’ money. As of now, 6,504 applications were received.

Update On PACL Properties' Sale

Hundreds of bidders participate as over 26,500 PACL Limited's properties are put on auction. On September 17, 2016, the Securities and Exchange Board of India (Sebi) concluded the first step in the largest organised sale of real estate in the country. The window for expression of interest (EOI) to bid for thousands of properties owned by banned realty/investment firm PACL (formerly Pearl Agrotech) closed with hundreds of bidders logging in. In the next stage, the people who have successfully filed their EOI would be able to participate in the bidding process. The reserve price would be fixed, taking into account the prevailing market prices and circle rates.

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Recent Private Companies Transactions

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