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Shri Lakhavi Financial Services Limited was incorporated onJuly 20 1993 in Bombay in the state of Maharashtra andreceived Certificate of Commencement of Business on August11th 1993 having its registered office at DevchandBuilding 1st floor Road no. 3 Daulat Nagar Bombay - 400066.At present the Company is engaged in arrangement andsyndication of short term finances inter corporatedeposits bill discounting investments and corporateconsultancy.THE MAIN OBJECTS OF THE COMPANY ARE:According to the Memorandum of Association of the Companythe Main objects of the Company are as follows:To provide all kinds of financial services to public andprivate sector including project financing services and topromote the formation and mobilisation of capital tomanage capital savings and investment hire purchase toundertake all types of leasing and hire purchase businessrelating to all kinds of machinery plant equipmentships vehicles aircraft rolling stocks factoriesmovable and immovable property bills discounting bills ofexchange to act as a discount and acceptance house orco-acceptance of bills to borrow lend negotiate loans.A Special Resolution passed at the Extra Ordinary GeneralMeeting of the Company held on September 8 1993 hasapproved inter alia the commencement of the followingactivities which appear under ''Other Objects'' in theCompany''s Memorandum of Association:To finance industrial enterprises to provide venturecapital to operate in the short term money to give intercorporate loans and deposits and to lend money with orwithout security to such persons or bodies corporate andupon such terms and conditions as the Company may think fitand to carry on business as an investment company and tolend and advance money to give credit to such persons orcompanies and on such terms and conditions whether securedor unsecured and to advance loans to persons and companiesagainst shares bonds debentures and other securities oron open margin account of clients.To carry on business as share and stock brokersunderwriters sub-underwriters agents and brokers fortaking hold dealing in converting stocks shares andsecurities of all kinds brokers for Unit Trust of Indiabrokers for debentures bonds Government securitiesnational saving certificates small saving scheme andgenerally for securities of all kinds and to carry onpromotion business and in particular to form constitutefloat lend money to control negotiate loans andunderwriting contracts act as managing and issue brokersregistrars and transfer agents registrars to issue andunderwriters prepare projects and feasibility reports forand on behalf of any companies associations orundertakings.To subscribe purchase acquire hold sell underwriteinvest sell dispose of and otherwise deal in sharesstocks debentures debenture-stock government securitiesbonds units of any company or other authority suprememunicipal or local and to act as financial and investmentconsultants on behalf of individuals firms companies andother persons in relation to stock shares bondssecurities units debentures fixed and other depositsestates properties and other assets and to render alltypes of financial and investment services to conduct alltypes of financial transactions to operate cash managementaccount brokerage account money market funds and creditcards.To trade or deal in shares stocks debenturesdebenture-stock bonds obligations and securities issuedor guaranteed by any company constituted or carrying onbusiness in India or elsewhere and in debenturesdebentures-stock bonds obligations and securities issuedor guaranteed by any government state dominion publicbody or authority supreme municipal local or otherwise byany firm or person whether in India or elsewhere.To carry on and undertake the business of hire purchasefinance investment in shares stocks debentures bondssecurities and all other kinds of investments and tradingand to finance business operations of all kindspurchasing selling leasing hiring letting on hire allkinds of plant and machinery and equipment data processingequipment computers vessels vehicles all consumercommercial and industrial items and other products that theCompany may think convenient to assist in financing of alland every kind and description of hire purchase or deferredpayment or similar transaction to subsidise finance orassist in subsidising or financing the sale and maintenanceof any goods articles or commodities of all or any kindand description upon any terms of immovable and movableproperty including land buildings and also to provideadvice counsel and services.A special Resolution passed at the Extra Ordinary GeneralMeeting of the company held on 12/10/1994 has approvedinter alia the commencement of the Following activitieswhich appear under other objects in the Company''sMemorandum of Association.To carry on the business of setting up computer centers forcarrying out development and training work in computerhardware and software and to carry on the business ofdeveloping and marketing such software.To carry on the business of the credit rating agency andproviding information and data relating to various aspectsof various business and to carry on the business ofproviding other related financial and information services.To act as selling agents of manufacturing/trading firms orcompanies insurance agents publicity and advertisingagents and also to provide specialised services in investorrelations relating to the above objects.To transact and carry on all kinds of agency business.