YEAR EVENTS 1985 - The company was originally incorporated as a Public Limited Company on 23rd July, with the name of Spotlight Trade & Finance Limited. - The company made its maiden Public Issue of Equity Shares aggregating Rs. 15 lacs in December. - The main business of the company was lending finance and hence the income was by way of interest. The Company had not made any profits during that period. - The promoters of the company have varied experience in Merchant Banking, Corporate Finance, Tax planning, and Capital Market Operations. 1993 - The Company name was changed to the present name, Shriyam Securities & Finance Ltd. w.e.f. 14th May. 1994 - The Company has a wholly owned subsidiary company, Shryam Broking Intermediary Limited incorporated on 23rd September, with a view to specialise into the area of broking & portfolio management. 1996 - The wholly owned subsidiary viz. Shriyam Broking Intermediary Limited, acquired a membership card of BSE in July. 1997 - The Company launched its Fixed Deposit Programme last year and the initial response was very encouraging. 2000 - The Company has taken to enter into software development, e-commerce and trade and all other related activities. - Mr. Devesh Chaturvedi, the Chairman of the company, has acquired 8,70,350 additional shares alongwith his family members during the period of October 1999 to September 2000. 2006 -The Company has recommended a dividend of 10% (i.e. Re 1/- per share) on Equity Shares of Rs 10/- each of the Company. 2007 -The Company approved the investment upto Rs 50 crores to the Antique Stock Broking Ltd and / or Antique Group, to jointly carry on the business of stock brokers, portfolio management, and other incidental activities. -Appointment of Mr. Naveen Chaturvedi as Executive Director of the Company. -The Company has approved the dividend @ 10% of Equity Share Capital (Re 1/- per equity share of Rs 10/- each). 2008 -The Company has approved the dividend @ 10% of Equity Share Capital (Re 1/- per equity Share of Rs 10/- each). 2009 -Recommendation of Final Dividend @ 10% (Rupee 1 per equity share). 2010 -Recommendation of Final Dividend @ 12% (Rupee 1.2 per equity share). 2011 -Recommendation of Final Dividend @ 12% (Rupee 1.2 per equity share). 2012 -The Company has recommended Dividend of Rs. 0.60 per share (6%) on Equity Shares of Rs. 10. 2014 -The Board of Directors of the Company has appointed M/s R. Jaitlia & Co. as Internal Auditor of the Company. |
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