The Company was originally incorporated as a Private Limited Company
under the name of Bombay Mangalam Impex Private Limited and received
the Certificate of Incorporation dated 8th March, 1998 from the
Registrar of Companies, Maharashtra, Bombay. The company was
converted into a Public Limited Company vide Special Resolution
passed on 28th January, 1993 and fresh certificate of Incorporation
consequent, to change of name was issued by the Registrar of
companies, Maharashtra on 11th February, 1993. The company was
intially engaged in the trading and export activity of raw cotton.
Subsequently, the Company started operations of Hire Purchase,
Leasing and also started investment and trading in shares both in
primary and secondary market in its own portfolio.