NOUVEAU GLOBAL VENTURES L Share price

The Company was incorporated on 16th November 1988 as Nouveau Consultancy Services Private Limited under the Act. The Company was later issued a fresh certificate of incorporation on 10th February 1995 by the Registrar of Companies Maharashtra consequent to the change of name to Nouveau Finance pvt. Ltd. It was later converted into a Public Limited Company and the name was changed to Nouveau Finance Limited by passing a Special Resolution in the Extra-Ordinary General Meeting on 24th June 1995 and a fresh Certificate of Incorporation was obtained from the Registrar on 11th July 1995.MAIN OBJECTS OF THE COMPANY (AS SET OUT IN ITS MEMORANDUM AND ARTICLES OF ASSOCIATION) 1. To carry on the business as Advisors and/or consultants in the fields of finance production personnel marketing administration processing storage legal accounting distribution and offering technical know-how training of personnel to any authority Government/Semi-Government/Municipal or otherwise and to develop establish and practice latest/improved methods and procedures guidelines technics for industrial commercial business and/or administrative purposes.2. To act as consultants or advisors to any firm or body corporate association or other undertaking and subject as aforesaid to act as consultants or advisors.3. To perform financing services including factoring bill marketing broking underwriting merchant banking making and arranging short term and long term loans and providing all types of financial advisory services. But the Company shall not carry on the business of Banking within the meaning of Banking Regulation Act 1949 Commercial financial houses shroffs credit corporations merchants factory trade and general financiers and capitalists.SUBSIDIARY OF THE COMPANY:Nouveau Finance Limited is a Member of Capital MarketSegment of National Stock Exchange of India and doing broking business. However in view of stipulation made by the National Stock Exchange of India for exclusivity of the broking business. Nouveau Finance Limited formed a wholly owned subsidiary company Nouveau Shares & Securities private Limited (incorporated on October 20 1994) to carry out such braking activities. The company applied to National Stock Exchange to transfer its NSE membership card in the name of its Subsidiary and the same has been received as on 5th September 1995.So far no commercial activities have been started by Nouveau Shares & Securities Private Limited.e