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Comfort Fincap Ltd. Company History and Annual Growth Details

The Company was originally incorporated as Parasnath Textiles Limited (PTL) on 12th November 1982 under the Companies Act, 1956 in the State of West Bengal. PTL obtained certificate of Commencement of Business pursuant to Section 149(3) of the Companies Act, 1956 from the Registrar of Companies, West Bengal vide certificate dated 15th December 1982.

PTL was formed with an object to carry on the business of manufacturers and dealers in textiles, investment /trading in Shares & Securities etc. It is registered with Reserve Bank of India as a Non Banking Financial Company (ÂNBFCÂ) vide certificate no. 05.02895 dated 15th September 1998.

Through an open offer PTL was acquired by Luhruaka Sales & Services Limited (LSSL), a company incorporated on 5th July 2010 in the State of Maharashtra having its registered and corporate office at A-301, Hetal Arch, Opp. Natraj Market, S.V. Road, Malad (West), Mumbai - 400064

LSSL is forming part of the "Comfort Group" and was incorporated with an objective of carrying on the business of dealing in various commodities, substances, articles, merchandise, goods etc.

2011
-The Company has changed its name from Parasnath Textiles Ltd.to Comfort Fincap Ltd.

2013

- The Board of Directors has considered and recommended the dividend @ 5% i.e. Re. 0.50 per share on the Paid up Capital of the Company.

- The Board of Directors of the Company has considered and approved the sub division of face value of each equity share from Rs. 10/- to Re. 1/- each.

2014

- The Board of Directors has considered and recommended the dividend @ 2% i.e. Re. 0.20 per share on the Paid up Capital of the Company.

2015

-Comfort Fincap Ltd has recommends the dividend @ 2% i.e. Re. 0.20 paise per share.

2023

-The Company has splits its face value from Rs. 10/- to Rs. 2

-Comfort Fincap Limited ('the Company') has entered into Service Agreement Cum Business Correspondent Agreement ('the Agreement') with Jetfinx Services LLP on January 03, 2023 for entering into the Retail Lending Services.

-Comfort Fincap Limited is in process of expanding and diversifying its business operations by entering into Retail Lending Services for which it has entered into the Agreement with Jetfinx Services LLP.

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