To carry on the business as Finance and Investment Company and to engage in permotion of Companies and to provide Finance and to acquire, hold and make investment in any form whatsoever including Financing for Industrial undertaking, Housing and making investment and Trade in Shares, Stocks, Securities, Debentures, Bonds, Obligations, Units rep licenses exim scripts or any other securities, issued by any Govt body, Corporations, Companies and any other authority, Body Corporate and to act as technical and management consultants and helping finalization of contracts and erections and commissioning of plants and to provide all technical knowledge to arrange fir Licenses, patent rights or concessions from any government or other Authorities and to act as issue House portfolio Managers, Registrars and share Transfer agents.
To carry on the business with the object of financing industrial enterprises within the meaning of section 370 of the companies act, 1956 and to undertake the business of arranging/ managing and / or providing Venture Capital, promoters Capital and to finance the Trading, Construction, Real Estate and other Commercial or Services Enterprises whether promoted by this Company or with in the same management or not by way of lending and / or advancing money, machinery land, building, shed, office, equipments, apparatus or such other things as may be required by such enterprises either with or without security and upon such terms and conditions as the company may think fit and give guarantee or become sureties for the performances of and agreement or contract entered into by any enterprises with any financial or any investment institution, bank and orits subsidiary (ies), mutual funds or other parties for obtaining finance whether for its long term capital, working capital or for any deferred payments scheme and further to lend money and negotiate loan of every description and to transact business as promoters, financiers and monitory agents in India and else where provided that the company shall not carry and banking business with the banking regulation act 1949.
To carry on the business of merchant banking share brokers wit or without stock exchange membership and for this purpose buy or acquire Stock Exchange Membership of any Stock Exchange including National Stock Exchange and Over the Counter Exchange (OTC) either in India or abroad, financial services including Bills discounting under writing, Issue houses, Registrars of the Issue, Transfer Agents, Managing Public Issue of Shares/ Debentures and other securities of Limited Companies, Corporations bodies of Persons Financial Consultancy, Arrangements and Procurement of loans from Bank, financial institutions, mutual funds etc to render financial services and services like secretarial preparation of project report advertising agents,
Printers, staff and management recruitment training and placement, modern management techniques of all
kinds including export and marketing services and to permute companies.
To carry on the business of leasing and hire purchase company and to acquire, to provide on lease or to provide on hire purchase or on deferred payment basis or on any other basis all types of industrial and office plant, equipment, machinery, vehicles, buildings and real estate and any other movable or immovable properties whether in India or abroad required for manufacturing processing, transportation and trading business and other industrial, commercial services business or other use.