| Investments (Securities & Properties) | Manages equity investments in group companies, real estate properties leasing, and direct real estate projects through subsidiaries. | Strong legacy brands, prime land assets, and group company affiliations. | Group companies and commercial tenants; B2B and real estate clients. | Real estate leases and investment income. | 56 | 1 | Rental income, dividends, capital appreciation, and real estate sales. | Leases on leave and license basis; equity investments generate dividends and capital gains. | Real estate sector growth and strategic capital deployment in group companies' equity. | |
| Real Estate | Commercial real estate development and leasing, sustainable green-certified office spaces. | Strong local presence, sustainability certifications, timely project delivery. | Corporate tenants and commercial clients; B2C in real estate sales. | Sustainable green-certified premium commercial buildings. | 4 | 0 | Sales of developed properties and rental income from leased commercial spaces. | Project sales and lease agreements. | Demand for premium office spaces and mixed-use urban developments in Pune. | One Avante, Kothrud mixed-use development |
| Iron Casting | Manufacture and sale of pig iron and grey iron castings. | Market leadership, advanced manufacturing capabilities. | Foundries, automotive, and machinery manufacturers; B2B. | Machined castings and value-added products. | 2602 | 39 | Sales revenue from pig iron and castings to industrial customers. | Competitive pricing based on market rates and volume contracts. | Increased infrastructure, automotive sector demand, production capacity expansion. | |
| Tube | Steel Tubes for Oil Country Tubular Goods (OCTG), boiler tubes, and structural applications. | Strong customer relationships and product quality certifications. | Oil and gas companies, power plants, construction firms; B2B. | Premium connections and boiler tubes. | 2190 | 33 | Sales of tubes to oil, gas, power and construction industries. | Contract-based sales with premium pricing for specialized tubes. | Growth in oil and gas sector, infrastructure projects. | |
| Steel | Manufacturing and sales of steel products for bearings and engineering sectors. | Technology upgrades and client engagement. | Bearings industry, engineering manufacturers; B2B. | Specialty steel for bearings. | 1676 | 25 | Sales revenue from steel products to industrial manufacturers. | Market-driven sales contracts. | Growth in manufacturing and bearing industries. | |
