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| Our Company was originally incorporated as "Akshar Entertainment Private Limited" on November 04, 2004 with the Registrar of the Companies under the provisions of Companies Act, 1956 vide Certificate of Incorporation issued by the Asst. Registrar of Companies, Gujarat, Dadra and Nagar Haveli. |
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| Subsequently, the name of Company was changed to Amrapali Fincap Private Limited and vide fresh certificate of incorporation issued on February16, 2010. Our Company was converted into a public limited company vide fresh Certificate of Incorporation dated May 6, 2015 and subsequently the name of our Company was changed to “Amrapali Fincap Limited”. |
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| Our company mainly engaged into the business of providing loan and advances. Majority of our loan and advances are provided to parties which are related to the promoter or associate concern of promoters. We provide unsecured Short term loans to our customers. |
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| We provide these loans to select customers and conduct credit checks for these loans as they are unsecured. The aggregate value of the long term loans and advances of our Company stood at ` 11,862.05 Lakhs and 11595.98 Lakhs as on march 31, 2014 and December 31, 2014 respectively. |
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| Our company has entered into an MOU dated April 11, 2015 with Maulesh Investment Private Limited represented by Maulesh Hasmukhbhai Shah for himself and on behalf of other directors as well as for the share holders of the company for acquiring 100% shareholding of the company. |
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| The payment towards share capital has been already made and an application for the change in management as well as shareholding of the company has been made to RBI vide letter dated May 04, 2015 |
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| We are also in to the business of trading in commodity and Shares. Mainly we are trading in shares of listed entities, silver, gold and agri products. The majority turnover is from trading in shares. |
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