After hiving off heavy engineering and foundry operations into Texmaco Rail & Engineering Limited, erstwhile Texmaco Limited’s business activities mainly include development of real estate, besides having a mini Hydel Project. assets: -  Texmaco may be able to generate a few thousand crore of Rupees  from development of this land alone. »  Birla Mill as apportioned by Supreme Court after prolonged litigation between Delhi Development Authority (DDA) and company.  Supreme Court has allowed 50% extra floor area ratio (FAR) for development in the portion allotted to company. Thus, on these 11 acres of land Texmaco will have approx. 10 lakh sq. ft. worth built up  area for commercial exploitation. » society, commercial complex, etc., over next 2 years. Company has enough financial resources for land development. »  the Supreme Court has ordered that if DDA develops that piece of land, it will have to share 50% of the land value with Texmaco. That will add substantial amount of land for development adding further value to the company. 144 acres land in Sankrail, Howrah, Kolkata, along with Government of India will establish a mega logistic hub.  66,500 sq. ft. office space "Gillette Towers" in Gurgaon has good  prospects for long-term capital appreciation as it is in the heart of commercial  locality and is presently yielding annual rental income of Rs 9-10 crore.  Moreover, company also owns 30.04% stake in the de-merged business  of TREL (Texmaco Rail & Engineering) and 8.67% stake in Zuari Industries . Being a debt-free company, its existing enterprise value (EV) is less  than market capitalization of Rs 403 crore, while value of surplus.  assets is substantially higher (Rs.1975 crore) than EV. where company Of the remaining 2/3rd part of the land (~ 20 acres) allotted to DDA,Company will be developing this land for shopping mall, residential Company has got 11-acres out of total 31 acres land of closedBirla Textile Mill land at Kamla Nagar in heart of Delhi. Company has following major