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CIL Securities > Company History > Finance - Investments > Company History of CIL Securities - BSE: 530829, NSE: N.A
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CIL Securities

BSE: 530829|ISIN: INE830A01012|SECTOR: Finance - Investments
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CIL Securities is not listed on NSE
Company History - CIL Securities
CIL Securities Ltd was incorporated in the state of Andhra Pradesh as
 a Private Limited Company under the name and style of Chunilal
 Investments Private Limited on 29th June 1989.  Subsequently the
 Company was converted into Public Limited Company by passing a
 Special Resolution on 16th November 1993 and obtained fresh
 Certificate of Incorporation on 28th January 1994.  The name of the
 Company was changed to CIL Securities Ltd. on 28th October 1994.
 
 The Company is presently a SEBI registered Category II Merchant
 Banker, Member of the National Stock Exchange (NSE) in the Capital
 Market Segment and also a Category I SEBI registered Registrar and
 Share Transfer Agents. 
 
 CIL Securities Limited is presently engaged in the business of
 Trading and Broking in Shares and Stocks, Financial Advisory
 services, Investment Consultancy etc.
 
 The Company's present activities can be classified into the
 following:
 
 1.  Stock broking - The Company is a sub-broker to M/s Krishna
 Agarwal, Member of Bombay Stock Exchange (BSE). The Company buys and
 sells Securities in the BSE on behalf of its clients.  The present
 turnover of the Company from Stock broking is around Rs. 200 lacs per
 month.
 
 2. Project Finance - The company commenced its operations with
 syndication of working capital finance, term loan, bridge loan and
 financial consultancy.
 
 3. NSE Operations - Recently the Company has been admitted as a
 trading member of the National Stock Exchange, Capital Market
 Segment.  The company started trading activities from the 3rd
 November, 1994.
 
 The Company does not have any subsidiary companies.
 
 2003-Delisting of equity shares from Hyderabad Stock Exchange.
 
 2004
 
 -Cil Securities Ltd has informed that the equity shares of the
 company has been delisted from the Hyderabad Stock Exchange Ltd wef
 March 31, 2004.
 
 -Cil Securities Ltd has informed that BoD of the Company at its
 meeting held on July 31, 2004 appointed Sri K. K. Maheshwari, Joint
 Managing Director as Chairman and Managing Director in place of Late
 Sri R. K. Maheshwari, Chairman and Managing Director
 
 2007
 
 -Cil Securities Ltd has designated E-mail ID for Investor Complaints
 - complaints@cilsecurities.com
 
 2012
 
 -Cil Securities Ltd has recommended a Dividend of 5% (i.e. Rs. 0.50
 per Equity Share)
 
 2013
 
 -Sri Feroz Russi Bhote has been appointed as a Additional Director of
 the Company.
 
 2014
 
 -Board has recommended a Dividend of 5% of face value of the Equity
 Shares of Rs. 10/- each for the year 2014. 
 
 2015
 -Cil Securities Ltd has recommended a Dividend of 5% of the face
 value of the Equity Shares of Rs. 10/- each.
 
Source : Dion Global Solutions Limited
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