CITIPORT FINANCIAL SERVIC Share price

Citi Port Financial Services Limited. was incorporated atMadras in TamilNadu as a Private Ltd. Company under thename and style of Citi Port Financial Services PrivateLimited on 1st July. 1992 under the Companies Act 1956.The Company was converted into Public Limited and a FreshCertificate of Incorporation was obtained on May 28 1993.The company has no link with any financial Corporation/Institution or Bank or any other reputed group.PRESENT BUSINESSAt present the Company is engaged in the leasing ofvehicles. and Investment in Stocks & Shares. TheInvestment presently is being done both in the primary aswell as the Secondary markets. The decisions regardingInvestments are taken by a investment committee whichconstitutes the Board of Directors. The total portfolio ofthe company is around Rs 53.04 lacs valued at cost as on31.03.95. The vehicles presently being leased includes twowheelers and Cars. The leasing is primarily being done toother group companies. Some of these items are also beingleased to individuals. The company has plans to expand intoleasing of other items like computers and heavy machineriestoo apart from expanding the existing line of leasing ofvehicles.SUBSIDIARY COMPANIESThe Company has no subsidiaries.