IFL ENTERPRISES Share price

The Company was incorporated as Sarthak Suppliers Private Limited on January 23 2009 under the Companies Act1956 bearing Registration No. 186958 and having its Registered Office in Delhi. The name of the Company was changed to IFL Enterprises Private Limited vide special resolution dated January 11 2016 and name change Certificate was issued on January 28 2016 by the Registrar of Companies Delhi. The status of the Company was changed to a public limited company and the name of the Company was changed to IFL Enterprises Limited vide special resolution dated January 28 2016. A fresh Certificate of Incorporation consequent upon change of name was issued on February 18 2016 by the Registrar of Companies Delhi. The Company’s Corporate Identity Number is U67100DL2009PLC186958. The company is a subsidiary of India Finsec Limited and represents the other business activities of the group. We areengaged in the business of corporate advisory debt syndication and execution services with paramount focus on smalland medium enterprises (SMEs) in corporate and non-corporate sector. Further we are also involved in the business oftrading in textile products primarily fabrics. We have obtained Direct Selling Agency of PNB Housing Finance Tata Capital Housing Finance Limited and IDFC Bank. Further we are in process of obtaining DSA for ICICI Bank Axis bank IDBI Bank and India Bulls. Due to these DSAs and the strong network amongst the debt finance market; we mentor and help small and medium enterprises to raise banking and institutional finance. We believe that the domain knowledge of debt markets in India would further augment the ability to invest in securities primarily bonds and other fixed income instruments and earn good risk adjusted returns.Further we operate as a trader in textile products primarily fabrics. We act as an intermediary between buyer and sellerbuying goods on cash basis and providing credit to cash-strapped businessmen in this field. We operate thesebusinesses from the registered office at D-16 1st Floor Prashant Vihar Sector-14 Rohini New Delhi- 11008 Delhi. Major events in the history of the Company:2009-Incorporated under Companies Act 1956 as Sarthak Suppliers Private Limited2015-Management changed and Mr. Mukesh Sharma appointed as Director2016-Change in major shareholding pattern and the company became a subsidiary of India Finsec Ltd.-Name of the Company was changed to IFL Enterprises Private Limited and additional business activities were added into the main objects of the company.-The Company began Advisory and DSA related activities in addition to re-designing original activity of trading in textiles.- Consolidation of the Face Value of the Equity Shares from M 1 to M 10 each- Changed the status of the Company from Private to Public i.e. IFL Enterprises Limited