KLG Capital Services Share price

The Company was incorporated on 15th February 1994 andobtained certificate of commencement ot business on 22ndMarch 1994. The company has been mainly doing the businessof Sale of securities till now.PRESENT BUSINESS OF THE COMPANYPresently the Company is engaged in the business ofInvestments & Inter Corporate Deposits. The investmentactivities of the Company has been major source of incomeof the company. The investment activities relates mainly toprimary market i.e. investment in new issues and givingloans and advances. Till date the company has madeinvestmentof Rs. 65.00 lacs in share applicationsof different companies and a sum of Rs.38.00 lacs has beenadvanced as intercorporafe deposit.SUBSIDIARY OF THE COMPANYAt present of the company does not have any subsidiary.MAIN OBJECTS OF THE COMPANY1. Subject to the approval ot the Securities and ExchangeBoard of India and other authorities where required tocarry on the business of stock share broking and its alliedmatters such as acting as underwriters sub-underwritersbrokers to issue of securities dealers in securitiesbuying selling transferring hypothecating and holding ofShares Debentures and securities of all kinds anddescription of issue of Shares/Debentures and securities ofall kinds. Lead Managers or Co-Managers Brokers and Sub-Brokersof Stocks and new issues of Shares Debentures andSecurities of all kinds and description Registrars to theissue of Securities Share Transfer Agents InvestmentBusiness Portfolio Management Corporate CounsellingInvestment Counselling Fixed Deposit Brokers InterCorporate Investment Canvassors Financial ConsultantsFinance and Discount Brokers Foreign Exchange Brokers(with the permission of RBI & other authorites) Advisorsand Consultants to the Issue of Securities of all kinds andtypes in all their aspects in India or outside and tomanage/arrange mergers and acquisitions.2. To apply for and become a corporate Member of any stockexchange/exchanges or to take over any existing ShareBroking firm at Delhi or other places as may be expedientin the interest of carrying on the above objects of theCompany.3. To acquire and hold buy or sell or otherwise dispose ofor deal in securities of any kind Shares DebenturesDebenture Stocks Bonds Units Obligations and Securitiesissued or guaranteed by any Government State UnionTerritory Municipal or civic Body Financial Institutionscommercial Papers negotiable Instruments and PaperInstruments of all types and kinds.The company has passed Special Resolutiop U/s 149(2A) ofthe Companies Act 1966 on 19th November 1994 to commencethe Business as defined in Clause No. 21 46 & 47 of theother objects of the Memorandum of Association of theCompany which are re produced below:To carry on the business of cultivators farminghorticulture floriculture sericulture dairiescultivators of all kinds of foodgrains seeds fruitsproprietors of orchards and traders exporters dealersand sellers of the products of farming dairyhorticulture floriculture sericulture and piscicultureand fishing and manufacturers of drinks alcoholic orotherwise and beverages produced from such products orotherwise to carry on the business of cultivatorsgrowers manufacturers millers grinders rollersprocessors cold stores canners and preserves an dealersof food grains and such other agricultural dairyhorticultural and poultry products fruits vegetablesherbs medicinal flowers drinks fluids and such otherfresh and preservable products and to extract bye-productsand derivatives whether edibles pharmaceutical medicinesor any other such kind or nature whatsoever and foodpreparations of every kind and description and generallythe business or manufacture of and trading in preserveddehydrated canned or converted agricultural productsfruits and vegetables foods dairy and poultry products andarticles and other derivatives of all kinds anddescriptions and to set up and run machinery for processingand preserving the same.To carry on the business as financiers (not amounting tobanking business within the meaning of Banking RegulationAct 1949) by way of loaning lending and advancing moneyto industrial individuals commercials and such otherenterprises of all types.To carry on the business of a leasing and hire purchasecompany and to acquire to provide on lease or to beprovided on hire purchase basis all types of industrial andoffices plants equipments machinery vehicles buildingand real estate required for manufacturing processingtransportation and trading business and such othercommercial and service business.