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Capital First Ltd. Company History and Annual Growth Details

Our Company was originally incorporated on
October 18, 2005 as a private limited company
under the provisions of the Companies Act, 1956 as
KB Infin Private Limited. Pursuant to a resolution of our
shareholders dated April 27, 2006 and by virtue of
the acquisition of our entire share capital by PRIL,
we converted to a public limited company with
effect from August, 21, 2006. A fresh certificate of
incorporation consequent to the change of our name to
KB Infin Limited was granted to our Company
on August 31, 2006 by the RoC. Further, pursuant to a
resolution of our shareholders dated November 29, 2006,
the name of our Company was changed to Future Capital
Holdings Limited with effect from December 21, 2006.
A fresh certificate of incorporation consequent
to the change of our name to Future Capital Holdings Limited was
granted to our Company on December 21, 2006 by the RoC.

Date Event
October 18, 2005 Incorporation as KB Infin
Private Limited

April 5, 2006 The Company becomes a subsidiary of PRIL

April 10, 2006 The Company receives certificate of
registration from RBI as to function as an NBFC

May 22, 2006 KIACL becomes a subsidiary of FCH

May 23, 2006 IIAL becomes a subsidiary of the Company

August 31, 2006 Conversion from a private
limited Company to a public limited Company November 28, 2006
Board approval to set up Future Money as a division
of the Company

December 1, 2006 KIACL becomes an investment advisor
to Horizon Development Management

December 21, 2006 Change of name from KB Infin
Limited to Future Capital Holdings Limited

March 28, 2007 Approval granted by FIPB to issue
shares to AMIF I Limited

May 2, 2007 Acquisition of Sivagami Finance and
Investments Limited

May 16, 2007 Agreement entered into with ICICI
Bank to launch a co-branded credit card

June 8, 2007 Launch of Future Money business

July 6, 2007 Company becomes a systematically
important NBFC

September 21, 2007 Joint venture agreement with
Aeroterm Mauritius Limited and Realterm FCH Logistics
Advisors Private Limited

September 27, 2007 Company becomes investment
advisor to FHL Development Co. LLC

October 8, 2007 RBI approval received for issuance
of a co-branded credit card in conjunction with
ICICI Bank Limited Limited and Realterm FCH Logistics
Advisors Private Limited

September 27, 2007 Company becomes investment advisor to FHL
Development Co. LLC

October 8, 2007 RBI approval received for issuance of a co-branded
credit card in conjunction with ICICI Bank Limited

2008

-Future Capital Holdings, the financial services arm of the Future Group, has announced the fixing of the price band for its initial public offering between Rs 700 to Rs 765 per equity share. The issue will open on January 11 and close on January 16. A total of 64.23 lakh equity shares of Rs 10 each are on offer, which constitutes 10.16% of the post-issue paid-up capital of the company.
 
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