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Global Capital Markets Ltd.

BSE: 530263 | NSE: | Series: NA | ISIN: INE062C01034 | SECTOR: Finance - Leasing & Hire Purchase

BSE Live

Nov 24, 12:05
0.79 0.00 (0.00%)
Volume
AVERAGE VOLUME
5-Day
4,073
10-Day
2,913
30-Day
4,182
1,310
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    0.79

  • Open Price

    0.80

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.79 (300)

NSE Live

Dec 27, 11:22
NT* 0.00 (0.00%)
Volume
No Data Available
0
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Global Capital Markets is not listed on NSE
Company History - Global Capital Markets
The Company was originally incorporated as a Private
 Limited Company on 20.02.1989 as Baid & Company Private
 Limited under the Companies Act, 1956. The Company became a
 Public Limited Company by passing a special resolution on
 04.03.93 in terms of Section 44 of the Companies Act, 1956
 and received fresh Certificate of Incorporation on
 13.06.1994. The name of the Company was changed to Global
 Capital Markets Limited and fresh Certificate of
 Incorporation consequent to change of name was received on
 28.06.1994.
 
 B. MAIN OBJECTS OF THE COMPANY
 
 The main objects of the Company as set out in the
 Memorandum & Articles of Association of the Company
 inter-alia are as follows :
 
 1. To carry on any business of buyers, sellers, suppliers,
 traders, merchants, importers, exporters, indentors,
 brokers, agents, assemblers, packers, stockist,
 distributors and dealers of and in hardware & stores, spare
 & accessories, commercial, natural and man-made fibres,
 textiles of all kinds, all types of yarn, jute and jute
 products, chemicals, building materials, vehicle parts,
 automobile parts, machine parts, industrial components,
 plastics and electronic parts & devices, bullion, precious
 stone works of art, antique, curious jewellery and
 ornaments and in all kinds of machinery and accessories.
 
 2. To carry, acquire by purchase, lease, exchange, hire or
 otherwise estates, lands, hereditaments, buildings
 workshops, office accommodations, factories, easements,
 forests, orchards, gardens, farms, or other interests in
 real estate & to sell, let, lease, sub-lease or otherwise
 dispose of and to grant rights over any real property
 belonging to the Company. To construct, let out, furnish
 and carry on all or any of the functions of proprietors of
 flats, massionettes, dewelling houses, shops, affairs,
 clubs and for these purposes prepare building sites and to
 construct, reconstruct, repair, pull down, alter, improve,
 decorate, furnish and maintain flats, massionettes,
 dewelling houses, shops, offices, buildings, works and
 sanitary conveniences of all kinds and to set apart land
 for pleasure gardens and recreations ground or otherwise
 improve the land or any part thereof.
 
 3. To construct thereon buildings flats, rooms, houses, and
 to manage or let the same or any part thereof for any
 period whether belonging to the Company or not, and at such
 rent and on such terms and conditions as the Company shall
 think fit, proper and convenient, and to collect rents and
 income, drainage, water and electric charges, and charges
 for the supply to tenants and occupiers and others light,
 heat and drainage and charges for the refreshments,
 attendents, messengers and for equipping waiting-rooms,
 reading rooms, meeting rooms, providing thereon lavatories,
 bathhouses, laundry, conveniences, to install electric
 conveniences, garages, recreation facilities and other
 amenities, from time to time, as and when the Company
 shall consider, desirable, or to arrange such
 management, letting and advantages as aforesaid by
 employing any persons, firms or company to carry out
 and furnish the same on such terms as the Company
 may think fit, proper and expedient.
 
 The Directors of the Company have passed a resolution in
 the Board Meeting held on 13.04.90 to carry out the
 activities as authorised by its other objects enumerated
 below:
 
 Clause III(C)(14)
 
 To carry on the business of Investment Company and to
 invest in and acquire and hold and otherwise deal in
 shares, stocks, debentures, bonds obligations and
 securities issued or guaranteed by any Company constituted
 or carrying on business in India or elsewhere and
 debentures, stocks, bonds, obligations and securities
 issued or guaranteed by any Government, State dominion,
 sovereign, ruler, public-body or authority, municipal,
 local or otherwise, whether in India or elsewhere.
 
 Clause III(C)(15)
 
 Subject to the provision of the Act and direction issued by
 RBI to carry on any business of financiers of industrial,
 commercial and other enterprises and general financiers,
 business of leasing, film financiers, trustees, real estate
 owners, landlords, real estate agents, builders,
 underwriters, merchant bankers, guarantors, hire-purchase
 dealers, investors, promoters and brokers and dealers of
 and in share, stock, debentures, securities, bonds,
 obligations claims, licenses and charges, land, building,
 houses, easements, negotiable instruments, decrees,
 concerns, warehouses, property, and rights of all kinds,
 agricultural land, farms, gardens lates, showroom, office,
 residential units, ships and godowns, business of insurance
 agents, trust company, safe deposit company and such other
 business and acts, required in connection therewith and to
 receive on deposit or borrow and raise money provided that
 the Company shall not carry on the business of Banking as
 defined under the Banking Act, 1949.
 
 C. PRESENT BUSINESS OF THE COMPANY
 
 Presently the Company is engaged in the business of
 investment in shares & securities, leasing and short term
 loans.
 
 1. Leasing
 
 Leasing industry is gaining acceptance as an alternative
 source of financing of plant & machinery, etc. In view of
 the government policy of liberalisation and its recent
 decision of extending MODVAT benefit to the capital goods
 taken on lease, the demand of leasing is expected to
 increase substantially. The Company took up this activity
 in the year 1993-94. It is providing lease finance mainly
 for high value equipments, vehicles and plant & machinery
 to its clients.  Its gross outstanding leased assets as on
 31-03-94 stood at Rs. 22.59 Lacs.
 
 2. Investment in Shares & Securities
 
 The Company is carrying on the business of investment in
 shares & securities for last five years. The investment
 activities of the Company have borne fruitful results and
 the Company has earned Rs.11.48 Lacs for the year ended
 31st March, 1994 on an investment of Rs.58.41 Lacs. The
 company plans its buying and selling decisions with the
 help of a team of qualified professionals on the basis of
 fundamental and technical analysis of the companies at
 periodic intervals. Also, the company makes purchases and
 sales on behalf of its clients. Income from Capital Market
 Operations was 32% of the total income for the year ended
 31 03-94.
 
 3. Other Financial Services
 
 The other sources of income are from advisory services
 interest on short-term loans given by the Company. The
 Company advises clients on stock market related activities.
 
 SUBSIDIARY OF THE COMPANY
 
 The Company has no subsidiary at present.
 
 1995
 
 -Global Capital Market pays dividend @ 15%
 
 2010
 
 -Global Capital Markets the face value splits from Rs. 10/- each to
 Re. 1/- each.
 
 2011
 
 -Mr. Shrenik Choraria has been appointed as Compliance Officer of the
 Company.
 
 -Company has changed its name from Global Capital Markets Ltd. to
 Global Capital Market & Infrastructures Ltd.                         
      
                                                
 2013
 -Company has Consolidates its Face value of Shares from Rs 1 to Rs
 10.