1991 - The company was incorporated on 27th December, as Principle Capital Markets
Ltd. vide Certificate of Incorporation No. 11 - 64831 issued by Registrar of Companies,
Maharashtra, Bombay and obtained certificate of commencement of business on
14th January, 1992.
- The company was originally promoted by Shri Sudeep Malu.
1996 - The name of the Company has changed to Principal Capital Markets Ltd. From Principal
Capital Markets Ltd. vide the fresh certificate of incorporation consequent of change of
name Issued by ROC Maharashtra, Mumbai dated 7th February.
1997 - The company has come out with the public issue of 15,00,000 No. of Equity Shares of
Rs. 10/- each for cash at a premium of Rs. 5/- per share aggregating Rs. 22500000/-.
- During the year under review Shri. Lalit Jain & Shri. Suresh Sachati has resigned from
the post of directorship. Shri Deepak Shah & Shri Mulji Dedia has been appointed as an
additional directors of the company.
2000 - The Company have decided to acquire 37.5% of the paid up equity capital of KJMC
Asset Management Co. Ltd.