Arihant Avenues and Credit Limited was incorproated as a public
limited company on 6th March, 1995 with the Registrar of Companies,
Gujarat at Ahmedabad and obtained certificate for commencement of
business on 9th March 1995.
The company intends to take up development and construction of
housing projects and also engage in financial services both fund
based and non-fund based.
The company is presently engaged in the business of short term
lending and has already deployed an amount of Rs.120 lakhs towards
The company follows a cautious and prudent policy in its investment
decisions. Each investment is considered and deliberated and the
decisions are taken keeping in mind and the exposure in a single
company, industry and other relevantfactors. For the purpose of
managing and monitoring the investment portfolio of the company, a
committee comprising of both the whole-time directors Shri Arvind
Hundia and Shri Dinesh Mehta, has been formed by the Board of
Directors. The committee does not indulge in any form of speculative
SUBSIDIARY OF THE COMPANY
The Company does not have any subsidiary.