KIFS FINANCIAL SERVICES L Share price

The Company was incorporated on March 29 1995 as a Publiclimited company in the name of Khandwala Financial ServiceLtd. with the Registrar of Companies Gujarat and obtainedcertificate of commencement of business on March 31 1995.The name of the company was subsequently changed due toObjection Petition u/s 22 of the Companies act 1956 filedby Khandwala Finances Pvt. Ltd. Bombay against KhandwalaFinancial Services Ltd. to Khandwala Capital Services Ltd.from Khandwala Financial Services Ltd. vide freshcertificate of incorporation on change of name dated22.09.95 by Registrar of Companies Gujarat. The company ispromoted with the main object to under take fund basedactivities such as leasing Bills Discounting SpotFinance Inter Corporate Deposit placement Stock InvestFinance for Primary issues and non-fund based activitysuch as subscription procurement in primary issues projectcounseling loan syndication. The company has made anapplication for registration as Non-Banking FinanceCompany with Reserve Bank of India.The ongoing liberalisation of industry anddisintermediation of financial sector has resulted inexcellent growth opportunities for finance companies. TheCompany proposes to offer both fund based as well as nonfund based financial services.SUBSIDIARY COMPANIES:The company does not have any subsidiary companies.