The Company was incorporated as a Public Limited Company under the
name Apple Leasing & Computers Ltd. on 15th October, 1985. The name
of the Company was changed to Apple Leasing & Industries Ltd. with
effect from 1st September 1986. The name of the Company was again
changed to Apple Industries Ltd. with effect from 30th August,1989.
The Company was promoted by Mr. Atul K Nishar, Nishar family and AKN
Leasing Private Limited.
The Company is presently engaged in diversified business activities
such as computer education, software development, consultancy,
leasing, hire purchase, financial services and merchant banking.
The Company plans to set up more centres to further spread the
geographical coverages of its information technology activities. The
Company plans to expand the current operational areas in information
The Company has decided to diversify its operations by setting up a
100% Export Oriented Unit for quarrying and processing of granite
2000 - ICRA has downgraded the medium-term debt as well as the fixed
non-convertible debenture programmes of both Apple
Finance Ltd. and Apple
Credit Corporation from MA- to MD.
-Apple Finance Ltd appointed Mr. Mahendra Shantilal Shah as an
-The Company created email ID of the Companys Investor Grievance
Redressal Division as email@example.com.
-The Company appointed Mr. Mahesh K. Rachh as the Managing Director
of the Company.