The company was incorporated on 5th March, 1986 as a Public Limited
company in the State of Gujarat and obtained the certificate for
commencement of business on 27th March 1986. The main objects of the
company are fully set out in the Mamorandum of Association of the
company. The company is promoted by Reliance Indus. Ltd.
The company has acted as Advisor to a public issue of convertible
Debentures. The company proposes to widen its scope of activities in
are as such as Discounting of Bills, Acceptances of BIlls, Merchant
Banking, syndication of leases, syndication of Loans, Lease and hire
purchase, consumer Durable Financing etc.
The company also proposes to advise small/medium enterpreneurs on
projects on trun-key basis. The company may in due course enter into
business of venture capital to the extent that may be permitted.