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JATIA FINANCE LIMITED was incorporated on 17th February1995 as a Public Limited Company under the Companies Act1956 and registered with Registrar of CompaniesMaharashtra Bombay. The Company became entitled tocommence business on 29th March 1995 pursuant tocertificate for commencement of business issued byRegistrar of Companies Maharashtra Bombay. The Companyproposes to engage in all facets of financial activitiesand services including providing lease finance and billsdiscounting.MAIN OBJECTS OF THE COMPANYThe main objects of the company as stated in the Memorandumof Association of the Company are as underTo carry on the business of merchant banking in all itsaspects whether by way of public offer or otherwise ofshares stock debentures bonds units participationcertificates deposits certificate notes bills warrantsor any other instruments shares whether or not transferableor negotiable commercial or other paper or scripts(hereinafter collectively referred to as agents the"Securities") to act as agents of and or dealers inbusiness to act as financial consultants advisors andcounsellors in investment and capital markets tounderwrite sub underwrite or to provide stand-by orprocurement arrangements to issue guarantees or to giveany other commitments for subscribing or agreeing tosubscribe or procure or agree to procure subscription forthe securities to manage portfolio investments to providefinancial and investment assistance for the purpose hereinto act as issue house Registrar to Issue transfer agentsfor the securities.The main objects clause of the Memorandum of Association ofthe Company enables the Company to undertake the activitiesfor which the funds are being raised for the present issueand also the activities which the Company has been carryingon till date.PRESENT BUSINESS OF THE COMPANYThe Company obtained Certificate of Commencement ofBusiness on 29th March 1995 and has started itscommercial operations. The Company is presently engaged inthe business of financial services comprising FinancialConsultancy and short term lending.SUBSIDIARY COMPANIESnThe Company does not have any subsidiaries.