The Company was promoted by Mr. Rakesh Kumar Jain, Chartered
Accountant by profession.
The Company was incorporated on 5th May, 1994 under the Companies
Act, 1956 with the Registrar of Companies, Delhi and Haryana at New
Delhi and received the certificate to commence the business on 18th
May 1994, immediately after the receipt of the ceritificate to
commence the business the company has started investment activities
in shares and stocks and
consultancy services. Further, to commence the Merchant Banking
Activities, the Company has already applied on 22nd September, 1994
with SEBI for registration in category-III. Besides, the
management is planning to commence the business of Leasing,
Financing, Consultancy in various field.
-The Company has recommended a Final Dividend of 7.5% (Rs. 0.75 per
equity share of Rs. 10/- each).