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-0.49 (-4.93%)| Company History - Wall Street Finance | |
YEAR EVENTS
1986 - The company was established in 1986. It has been promoted by
Mr. A S Patel
and the companies belonging to the House of Patels.
Patel Roadways is the
flagship company of the group.
- The company is engaged in the purchase, leasing, money
changing and bill
discounting business. The company has recently
established its affiliate foreign
bank in New Zealand called the Wall Street Banking
Corporation ltd.
1994 - The Directors are pleased to recommend the issue of bonus
shares in the ratio of one
share for every two shares held by the shareholders
whose names appear on the
Register of Members as on the record date.
1995 - The Company has entered into bought out deals and also
managing the issues for its
Corporate clients.
- The Company is also setting up a 100% subsidiary Wall
Street Capital Markets Ltd in
view of the regulation of the stock exchanges that a
trading member cannot engage in any
other business except as a broker not having any
financial liability.
1996 - The Company has entered into Inward Money Remittances business
(Kangaroo Express
Money Transfer Services) after getting necessary
approvals from the Reserve Bank of India
and entered into an agreement with Wall Street Exchange
Centre, Dubai.
1997 - The Company has received credit rating of ICRA for its fixed
deposit scheme as MA.
2000 - Wall Street Finance Ltd a part of the Patel Roadways group has
set up a
dotcom company, as a joint venture with a group of
technocrats who have been
in e-commerce.
- Wall Street Finance was launched its first off-shore
hedge fund Wall Street Global
Investment Opportunities Fund througb its overseas
affiliates in the UAE, UK and
Hongkong.
- The company has entered into an agreement with Western
Union Financial Services
for Inward Remittances after receiving necessary
approval from RBI.
- Mr. P.S.G.Nair as the Executive Director of the
company expired on 31st March. During
the period from 15th June 1999 to 31st March 2000, he
was Director - Corporate affairs
looking after all statutory aspects other than
operations.
- Mr. Mohammed Tariq was appointed as an additional
director of the Company.
The company has received a notice proposing the
candidature of Mr. Tariq as the
Director of the Company. Mr. Tariq being eligible
offers himself for appointment as the
Director of the Company.
- Mr. F. J. Desouza tendered his resignation as the
Director of the Company with effect
from 12th May.
2003
-The Company has been appointed as an authorised retailer by UTI Bank
for their Travel currency card. TCC is a prepaid foreign currency card
which can be purchased by customers for use during their overseas
trips. They have also been appointed as agents of ICICI - Lombard for
selling oveseas travel and medical insurance policies.
-The Company join hands with UTI & ICICI
2006
-Wall Street Finance Ltd has re-appointed Mr Sameer Mardolkar as a
Whole-time Director for the period of three years effective from
April 01, 2006 to March 31, 2009.
2010
- Wall Street Finance Ltd has informed BSE that Mr. Rajeev Maheshwari
has been appointed as the Chief Executive Officer (CEO) of the
Company.
2011
-The Registered cum Corporate office of the Company has been now
shifted to below mentioned address Spice Tower, CTS - R 10, Phase
II,Anand Nagar, New Link Road, Jogeshwari (West),Mumbai - 400 102. | |
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| Source : Dion Global Solutions Limited | |
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