East Buildtech Limited (EBL) was formally created and deployed as a legal entity in 1984 under the name and style of "Bajrang Leasing and Finance Company Limited" and was promoted by Shri Jagdish Prasad Chokhani. The main business of EBL is to acquire land and to erect and construct houses, flats, shops, offices, stores, apartments, buildings etc. and Infrastructure Development. The company came out with a IPO in 1986 and Right Issue was formally introduced by the company in 1992.