NOVELIX PHARMACEUTICALS L Share price

The Company was incorporated on 13.12.94 as a Public Ltd companyunder the Companies Act 1956 under the name and style of"Trimurthi Securities Limited". It obtained the Certificate ofCommencement of Business on 19.12.94 with a view to carry on thebusiness of investment in Securities Leasing of all types ofMotor Vehicles Consumer Durables and Equipment ProjectConsultancy and for accepting Fixed Deposits and InterCorporate Deposits. The Registered Office of the Company waschanged to 303 3rd Floor Doshi Chambers 36-327 & 328Basheerbagh Hyderabad - 500029 vide Resolution of the Board ofDirectors dated 10.02.95.The Company is promoted by Mr. Gopi Kishan Bhangadia and Mr.ArunKumar Bhangadia.MAIN OBJECTS OF THE COMPANYThe main objects of the company as set out in its Memorandum ofAssociation are as follows :1. To carry on the business of stock broker sub-broker dealerjobber market maker portfolio manager underwriter dealersor broker or agent in securities financial instruments capitalmarkets money market instruments of all kinds Company depositsnational savings certificates and other government securitiesissued or guaranteed by a body corporate Company public sectorCompany government municipality or any body in India orabroad whether they are listed or not for the time being andto acquire or takeover the business of any individualpartnership or corporate body carrying on business/professionas brokers sub-brokers underwriters jobbers members agentstraders of all types of shares and stocks. To hold one or moremembership of any recognised stock exchange of India/OTCexchange of India/ National Stock Exchange of India.2. To acquire hold sell buy or otherwise deal in any sharesunits stocks debentures debenture-stock bonds mortgagesobligations and other securities by original subscriptiontender purchase change gift or otherwise and to subscribe forthe same either conditionally or otherwise and to underwritesub-underwrite or guarantee the subscription thereof to purchaseand sell above mentioned securities.3. To establish and carry on the business of merchant bankingand to provide custodian and depository services to act asclearing house portfolio manager registrars share transferagents lead managers co-managers managers of investmentpools advisors and consultants to raise capital either throughpublic issue or otherwise and to provide the services oracquire securities in connection with the amalgamationstakeovers and reconstructions of Companies and to arrange orparticipate in bought out deals and placements of shares andother securities.OTHER OBJECTS10. To carry on the business of finance hire-purchase leasingand investments.At the Extra Ordinary General Meeting of the Company held on29.12.1994 the Members passed a Spedal Resolution and accordedapproval to the Company to commence the business of LeasingHire Purchase Finance and Investment as specified in Subclause10 of Objects clause C of the Memorandum of Association of theCompany.