|The Company was incorporated on 5th November, 1983. The Company was promoted by H.L.Somany. Other companies promoted by him are Hindustan National Glass & Industires Ltd., Hindustan Sanitaryware & Industries Ltd., Somany Pilkington's Ltd. The Company proposes to diversify into other projects and was under negotiation with foreign collaborators for the said project. It was proposed to change the name of the company from 'Soma Finance & Leasing Co.Ltd.' to 'Somany Monforts Ltd.'. The Company carries on the business of leasing and hire purchase of general finance, legal trust, promote industries etc. The company has obtained the approval from the central government for change in name of the company from Soma Finance & Leasing Co.Ltd to Schablona India Ltd., with effect from 21st April, 1993.
-Schablona India Ltd has delisted equity shares from The Calcutta Stock Exchange Association Ltd (CSE).