The Company was incorporated on 22nd July 1985 as a PrivateLimited Company under the Companies Act 1956 and obtaineda certificate of Incorporation with Company No.18-12047.TheCompany was later converted into a Public Limited Company on7th May 1992. The company has obtained classification underNon-Banking Financial Company (Reserve Bank) Direction1977 from the Reserve Bank Of India Department ofFinancial Company Regional office Bangalore vide theirletter DFC(BG) NO.5870/BG/(TNOHP(M)-16/86-87 Dated 20th May1987 as a "Hire Purchase Finance Company". The presentactivities of the Company is Hire Purchase & Leasing andthe Company has been concentrating mainly on Hire Purchaseand Leasing since its inception.SUBSIDIARY COMPANIESThe Company does not have any subsidiary Companies.
| Name | Position |
|---|---|
| Mrs. Sitaben S Patel | Chairman & Ind.Dire (Non-Exe) |
| Mr. Sahadevsinh Babubha Rana | Non Exe.Non Ind.Director |
| Mr. Mayurdwajsinh Sahadevsinh Rana | Non Exe.Non Ind.Director |
| Mr. Umeshbhai Hirjibhai Padariya | Ind. Non-Executive Director |
| Mr. Sunil Bhandari | Whole Time Director |