Indiabulls Asset Reconstruction Company (IARCL) has been sponsored by Indiabulls Ventures Limited (IVL) and owns 100% of its equity capital. IARCL has been granted the Certificate of Registration by the Reserve Bank of India to act as a Securitisation and Asset Reconstruction Company on May 19, 2017. Mr. Kiran Shingwekar is the Chief Executive Officer of the company and is supported by a team of professionals having extensive experience in distressed asset. IARCL sponsored by the Indiabulls Group, is positioned to exploit the opportunities in both the real estate and non – real estate segment and to act as the key distressed assets value-enabler. IARCL seeks to increase the value preposition of such assets for various financial entities, through a mix of innovative financial structures and investment solutions designed to enhance their value and thereby maximize the returns to all stakeholders.
2017