S.U.S. Financiers (India) Ltd. is an existing, profit making and dividend paying company incorporated on 10th May, 1991. S.U.S has been incorporated with the objective of providing financial services in the field of Leasing, Hire Purchase, Bill Discounting and also accepting deposits from public. S.U.S proposes to expand its existing Leasing, Hire Purchase, Public Deposits and Bill Discounting. S.U.S has taken over the hire purchase assets of the following sole proprietorship concerns: Name of Concern Name of Value of H.P. Proprietor taken over, Rs. GSS investments Ms. Sarla Devi Surana 33,67,769 Surana Financiers Mr. Goutamraj Surana 31,56,198 GSS & Co. Ms. Alka Surana 33,39,203 GSS Finance Corpn.Ms. Vasantha Surana 30,70,239 GSS Financiers Ms. Chandan Bala Surana 44,48,942 Note: The value of H.P. was considered at book value as on 306-94 and the same has been taken over against cash. Various items covered are two wheelers, three wheelers, LCVs, HCVs and passenger cars. No clients have made major default under these HP agrement. The above ,greements have been executed between S.U.S and the above mentioned "proprietors on 30-6-94 and the amounts have been paid within 6 monts. 2003 -Board approves Scheme of Arrangement 2008 -Surana Corporation Limited has informed that In the meeting of the Board of Directors held on 1st September, 2008, the Board has appointed Sh. V Muthu swami as Additional Director of the company in order to further strengthen its size. - Surana Corporation Ltd has informed that the Board of Directors of the Company at its meeting held on September 01, 2008, inter alia, has appointed Shri. V Muthu Swami as Additional Director of the Company in order to further strengthen its size. 2009 - Surana Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 28, 2009, inter alia, has appointed Sh. S Guruswamy as Additional Director of the Company in order to further strengthen its size. 2010 - Surana Corporation Ltd has appointed Sh. K. L. Tilakchand as Additional Director of the Company in order to further strengthen its size. 2011 -The Company has won the EPCES Export Award for outstanding export performance -Shri. Harish Purshottamdas Rajdev has been appointed as an Independent Additional Director of the Company. 2012 -Surana Corporation has recommended a final dividend of Rs. 1.00 per share 2014 - Surana Ventures bags contract worth Rs 200 crore |