ACE Engitech Share price

The Company was incorporated as Pvt. Limited Co. on 25th Sep 1991 under the Companies Act 1956. It was subsequently converted to Public Limited Co. by resolution dated 2/9/94 and obtained fresh certificate of incorporation from Registrar of Companies Rajasthan Jaipur on 16/9/1994.Since its incorporation company is associated with marketing of Public Issue as sub-broker of Prem Somani & Associates. The company is also undertaking sub-underwriting of Public Issue & investment banking.At present the company is engaged in marketing of Public Issue. The major income of the Company is through Financial & Marketing Services.MAIN OBJECTS OF THE COMPANYTHE MAIN OBJECTS OF THE COMPANY AS SET OUT IN THE MEMORANDUM OF ASSOCIATION ARE AS UNDER: 1. To invest in acquire hold buy sell or otherwise dispose of or deal in any kind shares debentures debenture stocks bonds Units obligations and securities issued or guaranteed by any Government state Municipal or civil body Financial Institutions commercial Papers Negotiable instruments and papers instruments of all types and kinds and to carry on the business of stock broking and its allied matters viz. acting as Underwriters Brokers to the issue of securities Dealers in securities Merchant bankers in all aspects Issue House Managers Market Makers Registrars to the issue of securities share transfer agents Investment Business portfolio management investment counselling fixed Deposit Brokers Inter-Corporate investment canvassers financial consultants finances and discount Brokers advisors and consultants to the issue of securities of all kinds and type in all their aspects in India or outside. 2. To apply for and become a corporate Member of the Stock Exchanges in India if permissible by law. Pursuant to provisions of the Companies Act clause 22 of other objects of Memorandum of Articles & Association has been adopted by the company in the meeting of Board of Directors of the company held on 27th August 1992. 3. To purchase take on lease license or concession or otherwise acquire mineral oils beneficiation dressing concentration and refining plants and rights and privileges therein and to explore prospect work develop administer and manage the same.SUBSIDIARY OF THE COMPANY At present the company does not have any subsidiary.