Basil Infrastructure Projects Limited is in the business of exploring various opportunities to develop infrastructure and hotel projects under public private participation (PPP) mode in collaboration with other developers in India. The Company operates in rent/hire segment. Golden Jubilee Hotels Limited, is a joint venture Company incorporated for the development of two hotel projects namely Trident and The Oberoi at Shilpakalavedika, Madhapur, Hyderabad. Basil Infrastructure Projects was incorporated on August 29, 1985 under the name of VBC Finance and Leasing as a public limited company and obtained the certificate of commencement of business on October 9, 1985. The company name has been changed from VBC Finance & Leasing to Basil Infrastructure Projects in 2008. It was incorporated as an integrated finance company primarily to undertake the activities of hire purchase, leasing, intercorporate deposits and mobilize fixed deposits from the public.