Company Profile
 
NAHAR CAPITAL AND FINANCIAL SERVICES LIMITED (NCFSL) is incorporated on 31st March, 2006 as Public Limited Company under Companies Act, 1956 with the object of carrying on Investment Business, which was hived off from NAHAR SPINNING MILLS LIMITED pursuant to the Scheme of Demerger and Arrangement duly approved by Hon’ble Punjab and Haryana High Court, Chandigarh as per Order dated 21st December, 2006.

The Company registered with Reserve Bank of India (RBI) vide its Registration No. N-06.00588 dated 22nd January, 2008 as Non Deposit Taking Non Banking Financial Company (NBFC). The Company has been categorized as Systematically Important Non Deposit Taking Non Banking Financial Company (NBFCs-ND-SI) as per Non Banking Financial (Non Deposit Accepting or Holding) Companies Prudential Norms Directions, 2007 of Reserve Bank of India.

The main business activity of the Company is to carry on the business of investment in shares, debentures, stock, bonds and securities of all kinds and other businesses generally carried on by finance and investment companies. The Company is doing investment activities with long term perspective as well as doing trading business to avail the benefits of short term investment/financial opportunities in the present market conditions.

The Company is committed to conduct its business in accordance with applicable laws, rules and regulations and highest standards of transparency. The Company has laid down the code of conduct for all its Board Members and Senior Managerial Personnel, which are duly complied by them.