Company History - Times Guaranty
TGFL, incorporated on 27.11.1989, received the certificate of
commencement of business on 04.12.1989 and became active in February,
1990. The registered office and the company are situated at The Times
of India Building, Dr.D.N.Road, Bombay-400001. The company
simultaneously started operations for retail and corporate lending,
Merchant Banking and Money Market related activites. In April, 1991,
the company further diversified into Portfolio Mnagement Services. In
1993, the company became an active player in the OTCEI. During this
time the company started investments and trading in equities in the
secondary market; on its own portfolio. The company is authorised
with SEBI as Category I Marchant Banker and has also acquired
membership of over the Counter Exchange of India.
TGFL is an existing profit making company promoted by Bennett Coleman
& Co. Ltd., proprietors of the times of India group of publications.
TGFL is presently active in various fund based and nonfound based
activities. With the opening up of the financial sector of the
economy, the company and the group forsee a lot of potential for the
growth of TGFL.
TGFL is promoted by Bennett Coleman and Co., Ltd., (BCCL) who are the
proprietors of The Times of India group of publications. BCCL has been
in the publishing business for over 150 years and has come to acquire
a reputation for reporting credible, analysed and unbiased news. The
flagship daily of the company The Times of India has been recognised
by BBC as one of the six most influential dailies of the world. The
other well known publications of the group are The Economic Times,
Navbharat Times, Femina and Filmfare.
The company is managed by Board Directors consisting of:
The overall management of the company is vested in the Board of
Directors comprising of Mr.Ashok Kumar Jain (Chairman),
Mr.P.R.Krishnamoorthy (Managing Director), Mr.T.V.Krishnamurthy (Dy.
Managing Director & President), Mr.C.S.Samuel (Business Executive),
Mr.D.N.Shukla (Financial Advisor), Mr.Dinesh Vyas (Advocate),
Mr.Gurucharan Das (Business Executive), Dr.Manu Shroff (Economist)
and Mr.Vineet Jain (Company Executive).
-Times Guaranty Ltd has appointed Mr Avinash Jain as Additional
Director on the Board of the company.
2003 - Delisting of shares from Delhi, Ahmedabad and Chennai Stock
--Registered Office of the Company has been shifted from Ground
Floor, Matulya Mills Compound, S.B. Marg, Lower Parel (West), Mumbai-
400 013 to Trade House, 1st Floor, Kamala Mills Compound, Senapati
Bapat Marg, Lower Parel, Mumbai- 400 013.