| The Company was incorporated on 29th May, 1985 in the state of Maharashtra, India. In 1985, the Company went public with an issue of equity shares of Rs.10/- each for cash at par. Subsequently in the year 1993-94 Mr. R.D. Shroff along with his family and investment companies acquired 74.90% of the equity capital of the Company. Nivi Trading Limited was incorporated with the main objects to carry on the business as Traders, Retailers, Whole-sellers, Exporters etc. of chemicals, dyes, pharmaceuticals, and other general dyes. Currently, the Company is engaged in the business of dealing in investment / trading in securities, lending and borrowing of funds etc. and the main source of income is from dividend, interest and gain in sale of securities. |
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