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Comfort Intech Ltd. Company History and Annual Growth Details

1994 - Comfort Intech Ltd. was incorporated and promoted by the Mr. Anil Agrawal, Mrs. Annu Agrawal, M/s. Luharuka Exports Pvt Ltd and M/s. Luharuka Investment & Consultants Pvt Ltd. It offers services in finance, securities trading and advertising.

1995 - The company went for its Initial Public Offering in September 1995 for Rs. 250.00 Lakhs which was oversubscribed by more then 29 times.

2004 - Board of the company had approved the proposal for the issue of shares on rights basis to the existing shareholders in the proportion of 3 equity shares of Rs 10 each for every 2 equity shares of Rs 10 each.

2005

-Comfort Intech Ltd Issues Rights in the Ratio of 3:2

2006 - The board of directors and members of the company had approved to shift corporate office of the company from 227-228, Natraj Market, S V Road, Malad (West), Mumbai to Hetal Arch., Opp. Natraj Market, S V Road, Malad (West), Mumbai.

2007 - The board of directors of the company had decided to shift registered office from Daman to Mumbai.

- On 28th June 2007, board of directors of the company had allotted 83,400 equity shares to Trig Finance Pvt Ltd.

2009

-Company has splits its Face value of Shares from Rs 10 to Re 1

2010

-Comfort Intech Ltd Issues Rights in the Ratio of 1:1

2011

-The Board of Directors of the Company has declared the dividend @ 2% i.e. Rs. 0.02 per share.

2012

-The Company have incorporated a 100% wholly owned subsidiary of the Company in the name of Finsolution Services FZE.

-The Board of Directors of the Company has declared the dividend @ 2% i.e. Rs. 0.02 per share.

2014

-The Board of Directors of the Company has approved the consent and appointment of Mr. Anil Nevatia as an additional director of the Company.

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