The Company was incorporated on 26/05/1984 in the Union Territory of Delhi. It came out with Public Issue in the year 1985 and after public issue company’s listed capital became Rs.40,00,000/- consisting of 400000 shares of Rs.10/- each, subsequently it came up with Right Issue in the year 1991 for allotment of equity shares to the existing shareholders which were subscribed by them for 597325 shares and on 3rd December,1991, paid up capital of the company raised to Rs.9960000/- consisting of 996000Equity Shares of Rs. 10/- each.
Details of Business
- To carry on the business of purchasers, sellers, suppliers, traders, merchants, brokers, agents, assemblers, packers, stockists, distributors, dealers, indentors, importers of all kinds of goods, merchandise, articles, including agricultural products, food articles, forest products, plantations, crops like tea, coffee, tobacco plants, machinery, spare parts, component, raw-materials, consumables, devices, bullion, precious stones, work of art, curious, jewellery, ornaments, document informations, projects, services & ideas and/or to act as principals dealers, agents sub agents, manufacturers representatives either solely or in conjunction with other or otherwise and/or to render services in foreign countries and vice versa in connection therewith and for the above said purpose to establish or maintain services of maintenance or depot and/or industries anywhere in the world.
- To carry on business as buyers, sellers, importers, exporters, dealers, commission agents and dealers in plant machineries equipment apparatus, gadgets appliances, accessories, spare parts, automobile machinery and their components and spare parts and dealers in jute and jute goods, lamination textile cotton, yarn, wool and woolen goods, handicrafts, Jewellery, ornaments, steel plastic, rubber, chemicals, engineering goods, minerals, electronic, cloth, dresses, garments, transports, vehicles, food products, live stocks paper and paper products.
- To finance, facilitate, encourage, promote and assist in the establishment and growth of industries of industrial undertakings.