Laxman Sylvania had prime real estate at Moti nagar in the heart of Delhi a couple of kilometres from where the DCM Sriram land, which was subsequently bought by DLF a few years ago at 1600 Crore. I see some part of the erstwhile S&L being developed. THere's the metro line (Kirti Nagar that passes through the estate, and also there are sign boards saying that this land belongs to S&L. But don't really know what is the case with the company. I think it was a BIFR case.
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Ashwani Kumar Aggarwal