|SMIFS Capital Markets Limited is engaged in various financial services like Bills discounting,investments,Loan syndication etc.It has got a subsidiary called SMIFS Securities Ltd.
2000 - SMIFS Venture Capital Ltd, a wholly-owned subsidiary of the
company has acquired a strategic 20 per cent equity stake in the
nascent Adventus Knowledge Systems Pvt. Ltd.
- SMIFS Capital Services Ltd. has acquired 4,64,300 No. of equity shares
of BSL Ltd. (formerly Bhilwara Synthetics Ltd.), which translates into 6.33 per
cent of BSL's paid-up equity capital of Rs 7.3 crore plus.
- SMIFS Capital Services Ltd. has become a subsidiary of the company by virtue
of alloting 75 lakhs equity shares on October 28.
2002-Utsav Parekh appointed as Executive Chairman of Smifs Capital Markets.
- SMIFS Capital Markets Ltd has appointed Mr. Ajay Kayan as Additional Director of the Company.