The Company was incorporated on 9th May, 1994 with Registrar of
Companies Gujarat under the Companies Act 1956 and obtained the
certificate of commencement of business on 17th June, 1994.
The Company is engaged in the business of investment in shares and
securities. The Company has leasing and hire purchase deals in hand
which are in the advanced stages of finalisation.
From 1st November 1994 to 31st January, 1995, the Company has
achieved a turnover of Rs. 8.62 lacs and has earned a profit of Rs.
MAIN OBJECTS OF THE COMPANY
The main object of the Company as set out in its Memorandum of
To carry on the activities of investment in shares, debentures,
stocks, debenture stock, bonds, Company deposits, Government
securities, Government loans, National savings and Post office
savings schemes, units, and to earn income as dividend, interest,
capital gain, bonus or
otherwise, and to assist in providing finance for any Company, firm,
person, Association of persons, by way of loans, advances, deposits
and any other form of finance and to invest in, underwrite, purchase,
sell, hold or otherwise acquire and despose off and deal in shares,
debentures, debenture stock, bonds, units, securities issued or
guarrenteed by any authorities whether incorporated or established in
India or elsewhere and to finance lease operations of all kinds,
purchasing, selling, hiring, or letting on hire all kinds of plants
machineries and equipments that the Company may think and assist in
financing of all and every kind and description of hire purhcase or
differed payment or similar transaction and to subsidise, finance or
assist in subsidising or financing the sale and maintenances of any
goods articles or commodities of all and every description.
The Company has no subsidiary as on date.