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Shardul Securities Ltd. Company History and Annual Growth Details

YEAR EVENTS
1985 - The company was originally incorporated as a Public Limited
Company on 23rd July, with the name of Spotlight Trade & Finance
Limited.

- The company made its maiden Public Issue of Equity Shares
aggregating Rs. 15 lacs in December.

- The main business of the company was lending finance and hence
the income was by way of interest. The Company had not made any
profits during that period.

- The promoters of the company have varied experience in Merchant
Banking, Corporate Finance, Tax planning, and Capital Market
Operations.

1993 - The Company name was changed to the present name, Shriyam
Securities & Finance Ltd. w.e.f. 14th May.

1994 - The Company has a wholly owned subsidiary company, Shryam Broking
Intermediary Limited incorporated on 23rd September, with a view
to specialise into the area of broking & portfolio management.

1996 - The wholly owned subsidiary viz. Shriyam Broking Intermediary
Limited, acquired a membership card of BSE in July.

1997 - The Company launched its Fixed Deposit Programme last year and
the initial response was very encouraging.

2000 - The Company has taken to enter into software development,
e-commerce and trade and all other related activities.

- Mr. Devesh Chaturvedi, the Chairman of the company, has acquired
8,70,350 additional shares alongwith his family members during the period
of October 1999 to September 2000.

2006

-Delists shares from Delhi Stock Exchange Association Ltd (DSE) w.e.f. March 20, 2006.
 
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