Main Objects :

  • To carry on the business of financing industrial enterprises whether by way of making loans or advances to or subscribing to the capital of Private Industrial Enterprises in India.

  • To receive money deposit on interest or otherwise and to lend money and negotiate with or without security to such companies, firms or persons and on such conditions as may seem expedinent and to guarantee the performance of contracts by any persons, companies or firms provided that the company shall not carry on the business of banking, subject and provision of sec 58-A of C.A, 1956 and Direction of R.B.I.

  • To invest, buy, sell, transfer, hypothecate and dispose of any shares, stocks, securities, properties, bonds or any government/ local authority bonds and certificates, debentures whether perpetual or redeemable and debenture stocks.