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GRUH Finance Ltd. Company History and Annual Growth Details

1995 - The name of the company is changed to GRUH Finance Limited as
reported in its press release dated 26.05.95 in Business Line.

- The Company has joined the depository system operated by NSDL.

2000 - The FD rating of the Company have been upgraded by ICRA from
MA+ to MAA-. Crisil has also asisgned 'FAA-' rating for the fixed deposit
programme of the company.

2002-Housing Development Finance Corporation Ltd has informed BSE that the Corporation has purchased 18,00,582 equity shares of Rs 10/- each of GRUH Finance Ltd, representing 6.79% of its paid up equity capital. After the said purchase, the holding of the Corporation in GRUH Finance Ltd aggregates to 1,62,40,604 equity shares of Rs 10/- each, representing 61.29% of its paid up capital.


- Gruh Finance Ltd has appointed Shri. S G Mankad (retd. IAS) as an additional director on the Board of the Company.