Ravinder Heights Limited, established on April 15, 2019, is a real estate company that evolved from Panacea Biotec Limited. Specializing in the acquisition, construction, and development of various infrastructure projects, the company focuses on townships, commercial premises, hotels, resorts, hospitals, educational institutions, and recreational facilities. In December 2020, a Scheme of Arrangement led to the demerger of the real estate business from Panacea Biotec Limited to Ravinder Heights, transforming it into an independent entity. This demerger resulted in shareholders of Panacea Biotec receiving equivalent shares in Ravinder Heights, ensuring continuity of investment. Ravinder Heights now operates independently, focusing on regional and city-level infrastructure development, positioning itself as a key player in the real estate sector.
