Company History - DB (International) Stock Brokers
1992 - DB (International) Stock Brokers Ltd. is an existing company
incorporated on 28th February, under the name of
Vinayak Industries Ltd,
being the date of certificate of incorporation issued by
the Registrar of
Companies U.P., Kanpur.
- Subsequently the Company obtained the certificate of
Business from the Registrar of Companies, U.P. Kanpur on
1994 - The name of the company was changed on 3rd August. After
the company came to know that there is another listed
company in the name
of Vinayak Industries Ltd. registered with Registrar of
Therefore the name of the company was changed.
- The company is a non banking financial company and is
governed by the
Non-banking Financial Companies (Reserve Bank of India)
issue by the Reserve Bank of India. Since incorporation
the company is mainly
engaged in the business of investment and trading of
intercorporate loans and advances.
1995 - The Company came out with its maiden Public Issue of 7,50,000
No. of Equity
Shares of Rs. 10/- each for cash at par aggregating to
Rs 75,00,000/- The Issue
was oversubscribed by more than 14 times.
- Mr. Bajrang Lal Chandak has resigned from directorship
and his resignation has
been accepted by the board with effect from 1st April.
- Mr. Sita Ram Bhuwalka resigned from the office of the
Managing Director and his
resignation has been accepted by the board with effect
from 31st July.
- Mr. Shiv Narayan Daga, a Director of the Company has
been appointed as
Managing Director of the Company for a period of five
years with effect from
1996-99 - NO NEWS
2000 - The company has decided to propose splitting of equity shares
of Rs. 10
each into two equity shares of Rs. 5 each in the next
AGM to be held on
- The Company has signed an agreement with CDSL, NSDL and
Ltd for dematerialisation.
2003- Yogesh Kumar has resigned from the office of the Company
Secretary and Ms Tulika Singhal has been appointed as Company
Secretary of the company.
-DB International Stock Brokers Ltd has appointment Mr. Sachin Rathi
as Additional Director of the Company.
-DB International sub-division of its existing 1 (One) Equity Share
of Rs. 10/- into 5 (Five) Equity Shares of Rs. 2/- each.
-DB International Stock Brokers Ltd. feels proud to be one among the
TOP 50 Member Brokers short listed all over India by National Stock
Exchange of India Ltd. for Launching Mobile Trading.
-Company has splits its Face value of Shares from Rs 10 to Rs 2
-DB International has recommended dividend of Rs. 0.20 per equity
-Registered Office of the Company has been shifted From 301, 3rd
floor, The Solitaire Plaza, M. G. Road, Gurgaon -122002, Haryana To
756, Sector-23A, Gurgaon-122017, Haryana.
-DB International Stock has recommended dividend of Rs. 0.30 per
equity share held.
-Board has recommended a dividend of Rs. 0.30 per equity share.