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Ficon Lease & Finance Ltd. was incorporated on October 311994 as a Public Limited Company and has obtainedcertificate of commencement of business w.e.f March 311995 with its main object to carry on the business ofleasing finance and investment Company bill discountingfinancing of industrial manufacturing and business loansyndication financial consultancy and merchant bankingactivities.The Company is presently engaged in various fund based andnon fund based financial services activities viz.syndication of bills discounting loan syndication Leasefinance and syndication sub broking activities in primaryand secondary capital market operation and public issuefinancing.The Company has made an application for registration asNBFC to Reserve Bank of India under category of Non BankingFinancial Companies (Reserve Bank Direction) 1997 issued byReserve Bank of India.Company has concluded the bought out deals worth Rs. 67.50lacs and concluded the syndication of bills discounting tothe Extent of Rs. 25/- crores working capital term loan tothe Extent of Rs. 5/- Crores and NCD syndication to theExtent of Rs. 10/- crores.SUBSIDIARY COMPANY The Company does not have any subsidiary Company.