|TGFL, incorporated on 27.11.1989, received the certificate of commencement of business on 04.12.1989 and became active in February, 1990. The registered office and the company are situated at The Times of India Building, Dr.D.N.Road, Bombay-400001. The company simultaneously started operations for retail and corporate lending, Merchant Banking and Money Market related activites. In April, 1991, the company further diversified into Portfolio Mnagement Services. In 1993, the company became an active player in the OTCEI. During this time the company started investments and trading in equities in the secondary market; on its own portfolio. The company is authorised with SEBI as Category I Marchant Banker and has also acquired membership of over the Counter Exchange of India.
TGFL is an existing profit making company promoted by Bennett Coleman & Co. Ltd., proprietors of the times of India group of publications. TGFL is presently active in various fund based and nonfound based activities. With the opening up of the financial sector of the economy, the company and the group forsee a lot of potential for the growth of TGFL.
TGFL is promoted by Bennett Coleman and Co., Ltd., (BCCL) who are the proprietors of The Times of India group of publications. BCCL has been in the publishing business for over 150 years and has come to acquire a reputation for reporting credible, analysed and unbiased news. The flagship daily of the company 'The Times of India' has been recognised by BBC as one of the six most influential dailies of the world. The other well known publications of the group are 'The Economic Times', 'Navbharat Times', 'Femina' and 'Filmfare'.
The company is managed by Board Directors consisting of:
The overall management of the company is vested in the Board of Directors comprising of Mr.Ashok Kumar Jain (Chairman), Mr.P.R.Krishnamoorthy (Managing Director), Mr.T.V.Krishnamurthy (Dy. Managing Director & President), Mr.C.S.Samuel (Business Executive), Mr.D.N.Shukla (Financial Advisor), Mr.Dinesh Vyas (Advocate), Mr.Gurucharan Das (Business Executive), Dr.Manu Shroff (Economist) and Mr.Vineet Jain (Company Executive).
-Times Guaranty Ltd has appointed Mr Avinash Jain as Additional Director on the Board of the company.
2003 - Delisting of shares from Delhi, Ahmedabad and Chennai Stock Exchanges.