The company was incorporated on March 25 1986 as a PrivateLtd. company in the name of Galada Brothers Private Limited.Later the company''s name was changed to Galada FinancePrivate Ltd from 17th April 1990. The company by means ofa resolution dated 30 th April 1994 was converted into aPublic Limited Company and the necessary fresh certificateof incorporation was obtained on 27th June 1994. Thecompany was promoted by Shri Ashok Galada a commercegraduate with over 23 Years exposure to Hire Purchase andLease Finance activities. He is looking after the dayto-day functioning of GFL. The company''s registered cumcorporate office is located at "GALADA NIVAS" 11Perianaiyakaran Street Madras - 600 079.PRESENT BUSINESSThe company is engaged primarily in Leasing andHire-purchase finance.This is an existing company which is presently active inthe field of Hire-Purchase of vehicles and other assets.The company proposes to expand its activities by enteringinto Leasing Bill Discounting and Merchant Banking in abig way by enhancing the Equity base and creatinginfrastructure facilities for the same.SUBSIDIARIES OF THE COMPANYThe company does not have any subsidiaries.
| Name | Position |
|---|---|
| Justice Ponniah Bhaskaran | Chairman |
| Mr. Naveen Ashok Galada | Managing Director |
| Mr. Ashok Jawarilal Galada | Director |
| Mrs. Indira Srinivasan Royakottam | Director |
| Mr. Ramu Vishnu | Director |