|NPR FINANCE LTD., a company floated by the reputed Nand Lal Todi Group of Companies, was incorporated on 12th of June, 1989 by the name & style of NPR Finance Pvt. Limited. Subsequently on 30th September, 1989, it was converted into a deemed Public Limited company ( under Sec 43A(1C) of the Companies Act, 1956) & consequently the word Private' was deleted from its name.
The company is engaged in the activities of Hire Purchase & leasing of commercial vehicles, cars & earth moving equipments & bills discounting. The stock on hire & gross leased assets as on date is over Rs. 1000 lacs.
The company has been expanding operations and today has Branch Offices in New Delhi, Madras and liaison office in Bhubaneswar, catering to the financial needs of various clients at a national level.
The Company is currently engaged in the business of lease, hire purchase of commercial vehicles, cars, earth moving equipments & bills discounting & recently commenced real estate development.
With regards to the business of Real Estate, the company has recently entered into an agreement for purchase of 40 bighas of land in the District of North 24 Parganas for developmental purposes.
SUBSIDIARIES OF THE COMPANY
The company has no subsidiaries.
2002-Narendra Kumar Bajori resigns from Directorship of NPR Finance