The Company was incorporated on 10th September, 1993 with Registrar of Companies, Ahmedabad, Gujarat. The Main Object of the Company to carry on business of merchant banking in all aspects, to act as manager to issue and offers, whether by way of public offer or otherwise, of shares, Stocks, debentures, bonds, units, participation certificate, deposit certificates, promissory notes, bills, warrants or any instrument whether or not referred to as the securities and also invest in and acquire or otherwise and hold sell, by or otherwise deal in shares, debentures, debenture stocks, bonds, units, obligations and securities issued or guaranteed by Indian or foreign governments, states, dominions, sovereigns, municipalities or public authorities or bodies and by any company, corporation, firm or person whether incorporated in India or elsewhere and to manage investment pools .

The Company has passed special Resolution in Extra ordinary General Meeting held on 20th March, 1994 to commence the business mentioned following:

To Sell, improve, manage, develop, exchange, lease, rent, Mortgage enfranchise, abandon of, turn to account or otherwise deal in with all or any part of the property and right of the company


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