Amit Securities Share price

The company was incorporated on 17th June 1992 as aPrivate Limited company vide Certificate of IncorporationNo 11-67266 of 1992 issued by Registrar of CompaniesMaharashtra and was subsequently converted into a PublicLimited Company vide a special Resolution passed by theshareholders on 15/12/94 and consequently the certificateof change of name was Issued by the Registrar of CompaniesMaharashtra on 10th February 1995.PRESENT BUSINESS OF THE COMPANYPresently the Company is engaged in investment insecurities project consultancy and other relatedactivities.The Company has been mainly engaged in Investment inSecurities and the particulars of funds deployed ininvestments and income generated from the same for the past3 financial years are as follows. The income from otheractivities of the company is nominal and the companydoesn''t have any bad debts. (Rs.in lacs) 31.3.1993 31.3.1994 31.3.1995Investment in Securities 5.25 5.79 25.89Income from Investment 0.01 1.28 2.46The Company follows prudent Investment policies andInvestment decisions are based upon the research reportsprepared by the Company and obtained from outside agencieswhich are then placed before the Investment Committee forapproval.