TRC Financial Services Ltd

BACKGROUNDOF THE COMPANY :

TRC Financial Services Ltd. (TRC) wasoriginally incorporated as TRC Financial and Management Services Pvt. Ltd videCertificate of Incorporation dated 24th May, 1994 issued by Registrar ofCompanies, N.C.T of Delhi & Haryana. The Company was converted into Public LimitedCompany during the year and accordingly its name was changed as TRC Financialand Management Services Limited. On 8th November 1994, the name of the Companywas changed to TRC Financial Services Limited.TheCompany at present has its Registered Office situated at Bandra Hill View CHS,3rd Floor, 85, Hill Road, Opp. Yoko Sizzlers, Bandra (W), Mumbai-400050. The Corporate Identification Number (CIN) of the Companyis L74899MH1994PLC216417.

2 The promoters of the Company are Mr. Ajay Sarupria and Mr. Vijay Misquitta.


3 TRC beinga NBFC Company engaged in the business of Loan Finance etc.


4 The Main Objects clause of TRC, as per Memorandum of Association, includesinter-alia to “To provide comprehensive management, financial and projectconsultancy services, including arranging for loan syndications, preparation ofproject reports, preparation of viability and diagnostic studies, valuation of assets,business, capital, portfolio services, project implementation, projectclearances from Government, institutions and Banks and to carry out thebusiness of Merchant Banking, leasing, financial/loan business, deferredpayment guarantees, hire purchase, credit rating services, securitization, billmarketing, bill discounting, factoring.


5 The equity shares of the Company are listed at Bombay Stock Exchange Limited,Mumbai (BSE).