ECO RECYCLING Share price

Soni Capital Markets Limited was incorporated on 1st August1994 as a Pvt. Ltd. Company under the name and style ofM/s. Soni Capital Markets Pvt. Ltd. and subsequentlyconverted into a Public Ltd. Company by passing specialresolution on the 31st August 1994. A fresh Certificate ofIncorporation was obtained from the Registrar of CompaniesMaharashtra on 22nd September 1994 with the change in itsname to Soni Capital Markets Ltd.SCML has commenced its operations since incorporation inproviding various non-fund based services like Loan SyndicationsProject Report-Preparation/Appraisals Market Surveys MoneyMarket Dealings etc.A brief exposition of the present activities of the companyis given below : -The Company is presently engaged in Project Consultancy whichincludes Technical Feasibility Studies Debt Syndication etc.Dealings in Money MarketInvestments in Stock Markets SubUnderwriting of Primary Market Offerings etc.The company investment policies are vested in the Board ofDirector delegatory powers to the whole time director Mr. B K Soni.MAIN OBJECTS OF THE COMPANYThe main objects to be pursued by the Company on itsincorporation as set out in its Memorandum of Associationare interalia as under :-1. a) To act as Financial Consultants merchant bankeradvisor to the public issue/right issues. ManagementConsultants Brokers Dealers Agents and to carry on theBusiness of share broking money broking exchangebroking bill broking and general brokers for sharesdebentures debenture-stock bonds units obligationssecurities bullion currencies and to manage the funds onany person or company by investment in various avenues likeRisk Fund Tax Exempt funds pension/ Super annuation fundsand to pass on the benefits of portfolio investments to theinvestors as dividends bonus interest and to provide acomplete range of personal financial services likeinvestment planning estate planning tax planningportfolio management consultancy /counselling service invarious fields connected to finance.b) To carry on the business as an investment company and tounderwrite sub-underwrite to invest in and acquire bygift or otherwise and hold sell buy or otherwise deal inshare debentures debentures-stocks bonds unitsobligations and securities issued and guaranteed by anycompany corporation firm or person whether incorporated orestablished in India or elsewhere and to managestocks securities finance subject to the necessaryGovernment approval however the company shall not carry onany chit fund activities & to carry on business of leasinghire purchase financing bill discounting factoring &other financial activities.SUBSIDIARIES OF THE COMPANY:The Company has no subsidiaries.