Cubical Financial Services Ltd.

Cubical Financial Services Ltd. was incorporated as a Private Limited
 Company under the Companies Act, 1956, on 11.05.1990 in the name and
 style of Cubical Construction Pvt. Ltd. The name of the company was
 changed to Cubical Financial Services Pvt. Ltd. on 14.09.1994 which
 was
 subsequently converted to Cubical Financial Services Ltd. on
 30.09.1994. Fresh Certificate of Incorporation, consequent upon
 change of name on conversion to Public Limited Company was granted by
 the Registrar of the
 Companies, NCT of Delhi and Haryana on 30.09.1994.  Since inception
 the company was engaged in the business of construction of
 residential flats & bunglows and the activities were centralised in
 the Union Territory of
 Delhi. The company earned Profit After Tax of 0.16 Lacs, Rs.0.04 Lacs
 and Rs.0.26 Lacs in the years 1991-92, 1992-93 and 1994 respectively.
 In the year 1994, the management of the company decided to switch
 over to the business of financial services initially with investment
 in the primary and secondary market followed by other allied services
 in
 the field of finance, leasing and merchant banking. The main reason
 behind the switch over was that the return on investment (ROI) in the
 construction business which was very low.
 
 PRESENT BUSINESS
 
 Presently the company is engaged n the business of investment in
 securities both in primary and secondary markets. Till 28.09 1994 the
 company has invested a sum of Rs.18.81 Lacs in primary market and
 Rs.54.21 Lacs in the secondary markets. Besides this the company has
 also extended a loan of Rs.5.00 Lacs to Corporate bodies.
 
 2010
 
 - Cubical Financial Services Ltd has inducted Mr. Ashish Bhala (C.A)
 as Director w.e.f. June 07, 2010.
 
 2012
 
 -Company has changed its name from Cubical Financial Services Ltd. to
 CFSL Ltd.  
 
 2013
 -Mr. NSR Prasad Raju has been appointed as an Additional Director of
 the Company.
 
 2014
 -CFSL has splits its face value from Rs 10/- to 2/-