Mehta Securities Ltd. వార్షిక వృద్ధి వివరాలు ఆధారంగా కంపెనీ చరిత్ర
The Company was carrying business under the name and style of M/s. Mehta Securities with its principal place of business at Ahmedabad. For the sake of smooth working, better and efficient management and improvement and advancement of business, the said joint stock company has been converted and incorporated under section 566 of the Companies Act, 1956 as Mehta Securities Pvt. Ltd. and was converted into Deemed Public Limited on 10-08-1994. By way of passing special resolution at E.G.M. of the Company held on 17th August, 1994, the Company was converted into Public Limited.
The Company has made investments before the formalisation of the Screen Base Trading conducted by the National Stock Exchange and OTCEI. The Company's shares are totally held by the promoting Company Mehta Integrated Finance Limited and its promoters.
The present business of the Company is formalisation of the National Stock Exchange trading, OTCEI operations, Stock Broking Capitalisation, Bought out Deals and Market Making.
Financial Results of Mehta Securities Limited are as under:
(Rs in lacs) Upto 26-8-94
Income 22.21 Net Profit 20.03 Equity 75.00 Reserves 20.03.
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