1993 - Vertex Securities Ltd was originally incorporated as a Private Limited Company
on 15th Sept. and later converted into a Public Limited Company on 3rd February 1995,
to carry on the business of Investment Company.
- The Company is at present engaged in the business of Investment Banking. The Company
has been investing in shares of well established companies which have good prospects
of dividends and market appreciation.
1999 - The Company have created a trust called Vertex Securities Ltd Employee's Gratuity
Fund Trust, with the LIC of India, and the Premium payable as prescribed by the LIC
of India upto the Financial Year 1997- 98 have been remitted and the same have been
charged to the profit & loss account.
2000 - The Company approved to convert into 12,46,425 fully paid-up equity shares of
Rs 10 each, 49,85,700 partly paid-up equity shares on which allotment money of
Rs 7.50 per share has not been paid by the respective allotees.