Mahaan Foods Limited, incorporated in 1987, originally focused on manufacturing dairy products and pharmaceutical nutritional products. The company operated in industries including dairy, pharmaceutical nutrition, real estate, infrastructure, hospitality, education, and industrial warehousing. In April 2025, the company shifted its strategic focus from manufacturing to real estate and infrastructure development, encompassing projects in hospitality, education, and industrial warehousing. At that time, it was renamed Lake Shore Realty Ltd. Despite discrepancies in sources regarding the company name and business focus, Mahaan Foods Limited's activities have spanned multiple sectors with a transition toward real estate and infrastructure in recent years.