KREON FINNANCIAL SERVICES Share price

The company was incorporated as a Public Limitedcompany on 23th November 1994 under the name andstyle of Tatia Financial Services Limited (TFSL) andobtained the certificate for commencement of business on9th December 1994. The name of the company has beenchanged to Tatia Financial Services Limited vide specialresolution passed by the members at their Extra-ordinaryGeneral Meeting held on 26.12.1994. TFSL has beenpromoted by the Madras based Tatia Group to carry ona wide range of fund based and non-fund based financialservices namely Investment Lease finance Hire Purchasefinance Bill Discounting etc..B.MAIN OBJECTS OF THE COMPANYThe main objects of the company as set out in itsMemorandum of Association are as follows:1.To carry out business of Bill discounting leasefinancing and hire purchase and financing of propertyor assets of any description either fixed or movableand in particular relating to Houses LandsGovernment Bonds Goods Chattels Motor CarsMotor Buses Motor Lorries Auto RickshawsOmnibuses Velocipeds Carriages and Vehicles or allkinds whether mechanically propelled by steam oilgas petrol or electricity or otherwise tractors bullionstocks shares television sets machineries of allkinds pump-sets refrigerators electric and electronicgoods and on other household articles to extend longor medium term loans housing finance lease financeand/or hire purchase finance to contractors andpromoters of building sites housing sites flatsapartments housing colonies educational institutionshospitals offices factories warehouses wharfsbuilding works etc.2To carry on the business as forex advisory servicesventure capital and to enter into collaborationagreement for the manufacture of items which theCompany is entitled to produce in India and Abroadwith the Companies firms and individuals centraland / or State Government and their concerns and torender and provide advisory services to clients in thefield of equipment leasing manage investment poolsand mutual funds and syndicate in shares stocks andsecuritiesC.SUBSIDIARY COMPANIESThe company does not have any subsidiaries.