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Key Corp Ltd. Company History and Annual Growth Details

YEAR EVENTS
1985 - The Company was incorporated on 26th November. Key Leasing and Finance Ltd.
deals in leasing and other financial business. It also deals in real estate and share
business.

1991 - The Company had promoted Padam Industries Limited, which has produced excellent
results in the year ended on 31st March, 1991.

1993 - During the year, the Company entered into the field of City Bus Financing.

1994 - The Company is gearing itself to enter into Merchant Banking activities in a big way to
offer complete range of financial services.

1995 - During the year Company extended its network of representative offices to 11
centres all over State of U.P. to tap the growing market of vehicle finance in these areas.

- Shri H. P. Agarwal and Shri R. N. Bansal resigned from the Directorship of the Company.

- Shri Raghu Nath Rai and Shri M. P. Vora are retiring at the ensuing Annual General Meeting.
They are eligible for re-appointment.

1996 - During the year Company has widened its net work by opening offices in various parts
of the country.

- The name of the Company has changed to KEY CORP LIMITED w.e.f. 17.04.1996,
to diversify its activities in other fields.

- The Credit Rating Information Services of India Ltd (Crisil) has downgraded the rating of
the fixed deposit programme of Key Corp Ltd (KCL) from FA - (adequate safety with
relatively lower standing) to FB+ (inadequate safety with relatively higher standing).

- Crisil has also lowered the FA - (inadequate safety with relatively lower standing) rating
assigned to the FD programme of Subhash Arora Investments (Pvt) Ltd (SAIPL) to FB+
(inadequate safety with relatively higher standing). The downgrade reflects a steep
diminution in the market value of the investment portfolio of the company.

1997 - Sarvshree Dr. B.D. Agarwal and Padam Kumar Jain are retiring at the
ensuing Annual General Meeting and are eligible for re-appointment.

1999 - During the year Shri V.B. Agarwal resigned from the Directorship of the
company.

2000 - Crisil has suspended its FB rating, indicating inadequate safety assigned to the
fixed deposit programmes of Inter State Finance Ltd, Key Corp. Ltd. and Mangalam
High Seas Ltd. for lack of co-operation from them in carrying out a rating review.

- Sri Padam Kumar Jain is retiring at the ensuing Annual General Meeting
and is eligible for re-appointment.

2008

-Key Corporation Ltd has designated E-mail ID for Investors Complaints - [email protected]

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