YASH MANAGEMENT & SATELLI Share price

YASH MANAGEMENT & FINANCIAL SERVICES LTD. was incorporated on4th August 1993 in Bombay. The Certificate of Commencement ofBusiness was obtained on 22nd September 1993.The company has been promoted by Mr. Anurag Gupta andMr.D.K.Goyal. The object of the company is to provide a widerange of financial services under one roof.At present the company is mainly engaged in- financial consultancy- lease and hire purchase syndication- loanNCDPCD and other debt instrument syndication from FI''s and Banks- arranging bill discounting limits- inter corporate deposits- bridge loan against public issue/ right issue- preparation of feasibility reports- capital structuring etc.- consultancy to public / right issue The company has manyreputed companies as its clients. Some of them areBeta Naphthol Ltd.Indo Zinc Ltd.Beryl Drugs Ltd.Vakrangee Investments Ltd.Chambal Breweries & Distilleries Ltd.Forvision Market Services Ltd.Mrinal Dyeing Co. Ltd.Mrinal Texturising Co. Ltd.Arlabs Ltd.Ashibej Industries Ltd.Tainwala Financial Consultancy Pvt. Ltd.Innovative Print Forms Ltd.Mikugura Software Ltd.Now the company plans to expand its operation to include moresophisticated activities like fund based activities and merchantbanking services.MAIN OBJECTS OF THE COMPANYAccording to the Memorandum of Association of the Company theMain Objects of the Company are as follows :To carry on business of and to act as Financial ConsultantsManagement Consultants Lease Consultants Managers/Registrarsand Share Transfer Agents to Public including Rights IssuesFixed Deposits/Debenture Scheme and provide advice servicesconsultancy in various fields like general administrativesecretarial Commercial marketing Financial Legal EconomicLabour Industrial Scientific Technical Feasibility ReportsAccountancy Computer Data Processing Public Relations SharesPortfolio Management State and Central Statutes Direct andIndirect Taxation Customs Excise Octroi and other levies andto carry on business as Financiers.A Special Resolution passed at the General Meeting of theCompany held on 5-7-94 has approved inter alia thecommencement of the following activities which appear under''Other Objects'' in the Company''s Memorandum of Association :To carry on business as financiers mortgage brokers financialagents and advisers.To carry on and undertake the business of leasing and hirepurchase finance company and to finance lease operations such ashiring letting on hire equipments plant and machinery and toassist finance or hire purchase or deferred payments or tosubsidise finance or to assist in subsidising or financing thesale and maintenance of goods or commodities on terms andconditions and to undertake lease finance for immovable andmovable properties including land and buildings plant andmachinery equipments and vehicles such as automobiles shipsaircrafts computers commercial and industrial equipments andto lease and deal with them including sale and re-sale thereofand to carry on the business of leasing and financing servicesadvisory and counselling services and to undertake venture ortake on lease or in exchange hire patents licenses rightsprivileges for land tenements buildings easements immovableand movable property.To carry on the business of advertising and publicity agentspress agents advertising consultants display specialists andto underwrite and execute agencies thereof.To carry on the business as investment Company and to subscribebuy sell underwrite and to acquire and hold and deal inshares debentures convertible debentures bonds or otherobligations securities of any kind issued or guaranteed by anycompany constituted or carrying on any business in India orelsewhere in debentures convertible debentures bondsobligations and securities issued or guaranteed by anyGovernment Municipal local authority or otherwise firm orpersons whether in India or elsewhere.PAST PERFORMANCEThe company has been extending consultancy services in the areaof project and finance to the small scale and medium scaleindustries in addition to syndication in bills discountinginter corporate deposit institutional Inter-corporate DepositNon Convertible Debentures Partly Convertible Debentures andother instruments. At present the company has some merchantbanking assignments lined up and the issues are expected to belaunched during the last quarter of 1994 to the middle of 1995.The company has started syndication of lease financing intercorporate deposits investment banking short term deployment ofcorporate/trust funds and trading of securities at a modestlevel.