The Company was incorporated as a public limited companywith The Registrar of Companies (Maharashtra) at Bombay on29.10.83. Company received certificate for commencement ofbusiness on 23.11.83. The company is presently engaged inthe business of Leasing Hire purchase and Investment insecurities. The Company came out with public issue ofshares in the year 1984 for 160000 Equity Shares of Rs.10 each. The Company''s shares are listed at Bombay StockExchange. The Company made a Right issue of Equity Sharesin the year 1992 for Rs.5050 lacs there by makingaggregate paid up Capital of Rs.75 Lacs. Now the company proposes to expand its activities in thefield of Leasing and Hire Purchase and Investment. TheCompany proposes to commence non fund based activities suchas Public Issue Management Portfolio Managements ProjectsFinance Consultancy etc. The Company has made arrangementwith M/s MARKET CREATORS LIMITED who are Category IMerchant Banker and CAPITAL MARKET member of NATIONAL STOCKEXCHANGE. MARKET CREATORS LIMITED is promoted by experiencedprofessionals in the field of Finance Merchant Banking forproviding of known how in the field. MARKET CREATORS LIMITED will provide training to the twoemployees of the Company for a period of two years in thefield of non fund based activities.The Company was promoted by Mr. K.S.Reddy and Mr.K.MadhanReddy who has business Interest in of Finance Clearingand Forwarding Shipping Agents etc.
Name | Position |
---|---|
Mr. Kapil Kothari | Chairman & Managing Director |
Mr. Poojan Mehta | Executive Director |
Ms. Reeya Kothari | Independent Director |