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Prismx Global Ventures Ltd. Company History and Annual Growth Details

Kamalakshi Finance Corporation Limited was founded in 1973 by Mr. Laxmikant J. Tanna. Tanna family is one of the esteemed business houses in India.

2012
-Open Offer for acquisition of 12,740 fully paid-up equity shares of Rs. 10/- each from shareholders of Kamalakshi Finance Corpn Ltd ("Target Company") representing 25.48% of its voting capital by Vector Viniyog Pvt Ltd ("Acquirer") at a price of Rs. 12.00/- per share as per SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. 2013.
- The Co. have recommended a dividend of Rs. 0.50/- per Share (5%) on the Equity Share of face value of Rs. 10 each.

2013
- Open Offer for acquisition of Equity Shares of Kamalakshi Finance Corporation Ltd ("Target Company" or "KFCL") to acquire upto 21,68,400 ("Offer Size") Equity Shares of Rs 10/- each at a price of Rs .12.00/- per fully paid up equity shares of the Target Company representing 26% of the total issued, subscribed, paid up and voting capital of the Target Company

2014
-The Offer size has been increased from 21,68,400 equity shares of Rs. 10/- each to 60,68,400 equity shares of Rs. 10/- each (Revised Open Offer Size) representing 26.17% of post preferential equity shares of the Target Company at a revised open offer price from Rs. 12/- per equity share to Rs. 13/- per equity share (Revised Open Offer price) aggregating to 7,88,89,200.
- The Registered office of the Company has been shifted from New Marine Lines, Mumbai to Andheri (West), Mumbai.

2015
-Gromo Trade & Consultancy Ltd has splits its face values of share from Rs. 10 to Rs. 1

-The name of the company has been changed from Kamalakshi Finance Corporation Ltd. to Gromo Trade & Consultancy Ltd.

2020
-Company name changed to Prismx Global Ventures Ltd. from Gromo Trade & Consultancy Ltd..

2021
-The Company has splits its face value from Rs. 10/- to Rs. 1/-.
-Prismx Global Ventures acquired 51% stake in TMART Platform.

2022
-The company issued rights shares of Rs. 1 in the ratio of 43:100 at a premium of Rs. 3 per share.

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