|BCC Finance Ltd. was incorporated on 8th July, 1993 as a Public Limited Company under the name and style of BCC Housing Finance and Leasing Limited and obtained a Certificate of Commencement of Business on 28th July, 1993 subsequently the Name has been changed to BCC FINANCE
LIMITED and the certificate to that effect was obtained from ROC, Madhya Pradesh, Gwalior on 13th December, 1994. The registered office is at Chamber No.R/4 Vastlya Chambers, 31, Sneh Nagar, Indore M.P.
The Company presently engaged in the business of bills discounting, Investment and Trading in Shares and Securities. Total income for the accounting year ended on 31.3.1995 was Rs.24.21 lacs.
The Company now plans to expand and diversify its business activities to suit the changed business environment of the Country's Economy after the liberalisation with the faster growth and development of Trade and Industry. The role of Non-Banking Finance Companies (NBFCs) is increasing day by day as these NBFCs are providing finance faster and
rendering personalised prompt services. Further, with the economic liberalisation the avenues for finance and financial services are increasing tremendously.
SUBSIDIARIES OF THE COMPANY:
The Company does not have any Subsidiary within the meaning of Section 4 of the Companies Act, 1956.
-Company name has been changed from BCC Finance Ltd to Bhatia Industries & Infrastructure Ltd